What happened to the median home price in Andover during April?

Medium realestate4

The median sale price of a home sold in April in Andover rose by $85,000 while total sales decreased by 25 percent, according to BlockShopper.com.

In April, there were 24 homes sold, with a median sale price of $455,000 - a 23 percent increase over the $370,000 median sale price for the same period of the previous year. There were 32 homes sold in Andover in April 2021.

The median sales tax in Andover for the most recent year with available data, 2019, was $3,086, approximately 0.7 percent of the median home sale price for April.

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

CityApril 2022 Home SalesApril 2021 Home Sales% change (Total Home Sales)April 2022 Median Sales PriceApril 2021 Median Sales Price% change (Median Sales Price)
Oak Grove23-33.3$422,500$480,000-12
Lino Lakes1420-30$411,000$419,000-1.9
Ham Lake161233.3$407,500$376,5008.2
Coon Rapids6063-4.8$337,200$285,00018.3
St. Francis510-50$330,000$310,5006.3
East Bethel112450$330,000$398,012-17.1

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