55304 MN Real Estate
55304 MN- Real Estate
You may have heard the popular “train myth” about how Andover received its name. The myth states that a train tipped over in a swamp, and an eyewitness, relaying the incident, said it “went over and over,” thereby naming the city “Andover.” However, research reveals that the name Andover first appeared in an article dated March 14, 1899 in the Anoka County Union Newspaper – before train tracks were ever built in the city.
The article stated that the Eastern Minnesota line of the Great Northern Railway was in the process of constructing railroad tracks from the Coon Creek Cut-off to the North. The railway announced that new railroad stations with mathematical precision were to be located five miles apart from each other. The new stations (from Coon Creek to the North, along the new railroad line) were to be named Andover, Cedar, Bethel, Isanti, Cambridge, Stanchfield, Braham, Grasston, Cornell, and Brook Park. On July 4, 1899, the first train passed through the Andover Station. Where the railway came up with the name Andover still remains unknown.
Andover Village was established in 1972 and then became the City of Andover, a city of the fourth class, in 1974. Today the City of Andover’s population exceeds 30,000, classifying it as a second class city.
55304 MN Real Estate he median property value in Andover, MN 55304 was $425,500 in 2022, which is 1.2 times larger than the national average of $340,500. Between 2021 and 2022 the median property value increased from $410,000 to $459,500, a 12.1% increase. The homeownership rate in Andover, MN is 91.4%, which is higher than the national average of 64.1%. People in Andover, MN have an average commute time of 27.8 minutes, and they drove alone to work. Car ownership in Andover, MN is approximately the same as the national average, with an average of 2 cars per household.
55304 MN Real Estate In 2019, the median property value in Andover, MN grew to to $289,500 from the previous year’s value of $272,000.
Andover, MN compared to it’s parent and neighbor geographies and, second, owner-occupied housing units distributed between a series of property value buckets compared to the national averages for each bucket. In Andover, MN the largest share of households have a property value in the $300k – $400k range.
The 55304 School District is the second largest school district in the state of Minnesota. The district consists of five elementary schools, one middle school, one high school and one alternative school. The high school in Andover is Andover High School. The Andover School District was established in 1868. The district’s enrollment is approximately 1,200 students.
There are a number of businesses in the city of Andover. Some of these businesses include:
There are also several businesses that are based outside the city limits of Andover. These include: