Andover, MN Real Estate
According to census data in the year 2000 there were 8,205 housing units in Andover.
This represents a 81.6% growth from 4,519 in 1990.
Of those housing units, 7,742 were located in either urbanized areas or urban clusters, and 463 were located in what is classified as a rural area.
Homeownership rate in Andover is about 95.9%.
Andover's vacancy rate, including seasonal lodging, is about 1.2%.
Average household size is 3.28 people.
The majority of houses, apartments or condos in Andover were built after 1989.
|Housing Units by Size|
|Five Bedrooms or more||7%|
Owned Homes, Apartments and Condos
|Average Household Size||3.35|
|Median year structure was built||1989|
|Median Value of occupied units||$158,400|
|Median Price asked for vacant units||$187,800|
Rented Homes, Apartments and Condos
|Average Household Size||1.68|
|Median year structure was built||1985|
|Median Monthly Rent asked for vacant units||$1,875|
Owners Finance Status
|Second Mortgage & Equity Loan||1.10%|
|Home Equity Loan||14.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.3%|