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 Size

Housing Units by Size
Studio Type0.70%
One Bedroom1.80%
Two Bedrooms9.60%
Three Bedrooms45.90%
Four Bedrooms35%
Five Bedrooms or more7%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size3.35
Median year structure was built1989
Median Value of occupied units$158,400
Median Price asked for vacant units$187,800

Rented Homes, Apartments and Condos

Average Household Size1.68
Median year structure was built1985
Median Monthly Rent asked for vacant units$1,875

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.10%
Second Mortgage16.90%
Home Equity Loan14.40%
Simple Mortgage58.80%
Debt Free8.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs19.3%