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Andover, MN 55304 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Andover, MN inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.16
ActiveActive listings: 5656PendingPending sales: 99
Andover, MN: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $702k$702kSoldMedian sold price (last 6 months): $480k$480k
What homes actually sell for in Andover, MN
Distribution of 402 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $400k to $625k
$289k to $377k: 48 sales$289k$377k to $464k: 119 sales119sales$464k to $552k: 71 sales$464k$552k to $640k: 50 sales$640k to $727k: 39 sales$640k$727k to $815k: 19 sales$815k to $902k: 13 sales$815k$902k to $990k: 2 salesMedian $480k

What the numbers say

As of October 5, 2026, Resideline is tracking 56 active listings and 9 pending sales in ZIP code 55304. That pending-to-active ratio of 0.16 points to a balanced market: buyers have room to compare options and negotiate.

The median asking price of current listings is $702,500, while the median of the 402 closed sales Resideline tracked over the last six months was $480,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 55304 for 86 days.

Frequently asked questions

What is the median home price in 55304?

The median closed sale price in Andover, MN 55304 was $480,000 over the last six months, based on 402 closed sales tracked by Resideline. The middle half of those sales ranged from $400,000 to $625,000.

Is 55304 a buyer's or seller's market?

Resideline is currently tracking 9 pending sales against 56 active listings in 55304, a pending-to-active ratio of 0.16. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 55304 currently looks like a balanced market.

Nearby ZIP code market data

Full Andover, MN housing market report →

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