Land and home values in Andover, MN
Andover is a city in Anoka County, Minnesota, home to about 33,035 people. Residential land runs about $9.17 per sq ft, the typical home is worth about $440,000, and a 2-bedroom rents for about $2,150 a month, as of October 12, 2026.
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| Land: residential | $9.17 | per sq ft |
| Land: residential | $399,619 | per acre |
| Land: quarter-acre lot | $99,905 | 10,890 sq ft |
| Home: typical (median) | $440,000 | value |
| Home: entry-level | $350,000 | lower quartile |
| Home: upper-end | $517,000 | upper quartile |
| Build new | $194 | per sq ft, no land |
| Rent: 1-bedroom | $1,770 | per month |
| Rent: 2-bedroom | $2,150 | per month |
| Rent: 3-bedroom | $2,850 | per month |
| Rent: 4-bedroom | $3,190 | per month |
| Gross yield, 2-bed | 5.9% | a year |
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Questions people ask
How much is land worth in Andover, MN?
Residential land in Andover, MN is about $9.17 per square foot, or $399,619 an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $99,905. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Andover, MN?
The typical (median) home in Andover, MN is worth about $440,000, with entry-level homes around $350,000 and upper-end homes around $517,000, as of October 2026.
How much is rent in Andover, MN?
A 2-bedroom rents for about $2,150 a month in Andover, MN, a 1-bedroom about $1,770 and a 3-bedroom about $2,850 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.