Andover, IA Foreclosures
How much do homes sell for in Andover, IA?
The average home price is currently $165,174.
In Andover, IA, how many homes are available?
There are currently 2 active home listings available in Andover.
What’s the average rental cost in Andover, IA?
The average rental price in Andover is $1,519.
What is the most expensive home in Andover?
The most expensive home sold in Andover had a price of $695,153.
What is currently the cheapest priced home in Andover, IA?
The cheapest home for sale in Andover is priced at $22,000.
Living in Andover, IA
Andover, Iowa is a charming small town that embodies the warmth of Midwestern living. Known for its strong sense of community, Andover offers a range of outdoor activities such as fishing and hiking, thanks to its natural surroundings. Residents enjoy a slower pace of life while still being close to modern amenities.
Current Market Conditions in Andover, IA
The real estate market in Andover has been steady, with a moderate supply of homes for sale and a consistent demand from buyers. Homes in this area are generally well-maintained and can range from charming older properties to newer constructions, offering diverse choices for prospective homeowners. Current market trends indicate a healthy level of activity with people drawn to the area's peaceful environment and affordable housing options.
As remote work becomes more common, a growing number of individuals are seeking homes in smaller towns like Andover for a better quality of life. This shift is gradually increasing competition in the market, as buyers recognize the value of living outside metropolitan hubs.
Home Value Estimator For Andover, IA
There are currently 37 real estate properties
in Andover, IA,
with a median automated valuation model (AVM) price
of $151,712.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Andover, IA, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Andover, IA,
is $165,174.00, with the most expensive house
in Andover, IA, topping out
at $695,153.00 and the cheapest home
in Andover, IA,
clocking in at $22,000.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Andover, IA!
Rent Prices
In Andover, IA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Andover, IA, is on
a rollercoaster ride. The
average rent price in Andover, IA,
is $1,519.00. Indeed, when looking to rent in
Andover, IA, you can expect to pay as little
as $900.00 or as much
as $3,080.00,
with the average rent median estimated to
be $1,250.00. The good news is that finding
an affordable and desirable property to rent in Andover, IA
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
Learn more on Foreclosure homes
