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Sunday, September 14, 2025

What happened to the median home price in Andover during the fourth quarter of 2020?

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The median sale price of a home sold in the fourth quarter of 2020 in Andover rose by $19,000 while total sales increased by 90%, according to BlockShopper.com.

From October through December of 2020, there were 57 homes sold, with a median sale price of $339,000 - a 5.9% increase over the $320,000 median sale price for the same period of the previous year. There were 30 homes sold in Andover in the fourth quarter of 2019.

The median sales tax in Andover for the most recent year with available data, 2019, was $3,086, approximately 0.9% of the median home sale price for the fourth quarter of 2020.

The following table compares Andover to other Anoka County cities with similar median sale prices in the fourth quarter of 2020:

CityOct. - Dec. 2020 Home SalesOct. - Dec. 2019 Home Sales% change (Total Home Sales)Oct. - Dec. 2020 Median Sales PriceOct. - Dec. 2019 Median Sales Price% change (Median Sales Price)
Nowthen82300%$395,000$310,95027%
Ham Lake181338.5%$392,500$289,90035.4%
Columbus5366.7%$366,400$300,00022.1%
Oak Grove225340%$352,500$304,90015.6%
Martin Lake110%$340,000$70,000385.7%
Andover573090%$339,000$320,0005.9%
East Bethel231291.7%$333,000$311,0007.1%
Blaine1216392.1%$308,000$265,00016.2%
Ramsey6126134.6%$305,000$267,00014.2%
Lexington110%$295,000$285,0003.5%
Linwood84100%$288,958.50$355,000-18.6%

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