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Featured local agent — Andover, MA
Sarah Mitchell
Compass Real Estate · Andover, MA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Andover, MA Housing Market & Real Estate
Housing market overview · Updated monthly ·
$1.85Mmedian sale price
How is the Andover, MA housing market right now?
The median home sale price in Andover, MA is $1.85M, up 124.2% year-over-year. Homes sell in an average of 21 days with 6 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Andover a buyer's or seller's market?
Andover, MA is currently a seller's market, based on 1.0 months of supply and homes selling in about 21 days. How we determine this →
Homes sold
6
Last 12 weeks
Days on market
21
Average pace
Active listings
6
1.0 months supply
Sale-to-list
99.3%
Below asking
What does the Andover housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $1.85M |
| Median list price | $1.10M |
| Year-over-year price change | +124.2% |
| Average days on market | 21 days |
| Active inventory | 6 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 99.3% |
| Median price per sq ft | $422/sq ft |
| Homes sold (latest month) | 6 |
| New listings (latest month) | 7 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Andover by property type?
How the Andover, MA market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $1.85M | $422/sq ft | 6 | 21 days |
| Townhouse | $720,000 | $360/sq ft | 3 | 13 days |
Source: Redfin · Updated monthly
The Andover housing market is currently classified as a seller's market with a median sale price of $1.85M. Prices have risen 124.2% compared to last year, with homes spending an average of 21 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 8.1x provides context for how home values compare to local earning capacity.
Homes for sale in Andover
There are currently 6 homes listed for sale in Andover, Massachusetts. The median listing price is $1.1M.
Active listings
6
Homes on market
Median list price
$1.1M
Avg. days on market
21
Days until sale
New this week
7
Newly listed
Who lives in Andover?
Population
9,261
Median income
$127,054/yr
Median age
45.5 years
Owner-occupied
69.8%
College grads
67.7%
Avg commute
23.7 min
Source: U.S. Census Bureau ACS
What are homes worth in Andover?
Zillow home value
$1.02M
Zillow rent index
$2,793/mo
Price-to-rent ratio
30.6x
Price-to-income
8.1x
Source: Zillow Research
What is it like to live in Andover?
Andover is a community of approximately 9K residents with a median age of 45.5 years.The median household income is $127,054, which reflects a relatively affluent area with strong earning potential. 67.7% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 69.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 23.7 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Andover offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Andover?
11 schools tracked · 7,222 students
The largest public schools serving Andover, MA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Gr Lawrence Regional Vocational Technical
Grades 9-12 · 1,774 students
Andover High
Grades 9-12 · 1,682 students
West Elementary
Grades K-5 · 565 students
High Plain Elementary
Grades K-5 · 544 students
Bancroft Elementary
Grades K-5 · 522 students
Andover West Middle
Grades 6-8 · 493 students
Doherty Middle
Grades 6-8 · 462 students
South Elementary
Grades K-5 · 432 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Andover, MA?
Want a head-to-head view? Compare Andover side-by-side with any other U.S. city using our market-comparison tool.
Is Andover a good real estate investment market?
For investors evaluating Andover, the price-to-rent ratio of 30.6x indicates higher purchase prices relative to rental income, typical of appreciation-focused markets. The market has appreciated 124.2% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Andover's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Andover's median home price.
Frequently asked questions
What is the average home price in Andover?
The median home sale price in Andover is $1.85M, up 124.2% from last year.
How long do homes stay on market in Andover?
Homes typically spend 21 days on market before going under contract.
What is the median income in Andover?
The median household income is $127,054 per year.
Is Andover a buyer's or seller's market?
With 1.0 months of supply, Andover is currently a seller's market.
What is the Zillow home value estimate for Andover?
The Zillow Home Value Index (ZHVI) for Andover is $1.02M, representing the typical home value in the area.
How much does a single-family home cost in Andover?
The median single-family home price in Andover, MA is $1.85M (about $422 per square foot).
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