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Anoka Times

Wednesday, November 27, 2024

Median home prices in Andover rose to $368,500 in May 2021

Realestate3

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Adobe Stock

The median sale price of a home sold in May 2021 in Andover rose by $50,500 while total sales decreased by 33.3%, according to BlockShopper.com.

In May 2021, there were 18 homes sold, with a median sale price of $368,500 - a 15.9% increase over the $318,000 median sale price for the same period of the previous year. There were 27 homes sold in Andover in May 2020.

The median sales tax in Andover for the most recent year with available data, 2019, was $3,086, approximately 0.8% of the median home sale price for May 2021.

The following table compares Andover to other Anoka County cities with similar median sale prices in May 2021:

CityMay 2021 Home SalesMay 2020 Home Sales% change (Total Home Sales)May 2021 Median Sales PriceMay 2020 Median Sales Price% change (Median Sales Price)
Columbus14-75%$490,000$310,00058.1%
Circle Pines37-57.1%$400,000$265,00050.9%
Centerville6520%$393,250$401,000-1.9%
Ham Lake811-27.3%$385,500$295,00030.7%
Oak Grove550%$375,000$400,000-6.3%
Andover1827-33.3%$368,500$318,00015.9%
Blaine3850-24%$342,500$244,95039.8%
Lino Lakes817-52.9%$342,500$320,0007%
East Bethel214-85.7%$340,000$322,5005.4%
Fridley1719-10.5%$300,000$265,00013.2%
Spring Lake Park34-25%$294,500$196,00050.3%

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