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Foreclosure Homes in Andover, IA 52701

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Andover, IA Foreclosures

How much do homes sell for in Andover, IA?
The average home price is currently $161,349.
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 $647,016.
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 known for its close-knit community and tranquil living environment. Residents enjoy a rural lifestyle with convenient access to nearby urban amenities. The town is characterized by scenic landscapes, friendly neighborhoods, and various recreational activities.

Current Market Conditions in Andover, IA

The real estate market in Andover has remained steady over the past year, showing a slight increase in home values as demand for properties in rural towns continues to rise. With the growing trend of remote work, many buyers are looking for homes in quieter areas, driving interest in Andover's properties.

The current inventory of homes in Andover is limited, leading to increased competition among buyers. This has resulted in homes selling quicker than before, with many homes receiving multiple offers.

Home Value Estimator For Andover, IA

There are currently 35 real estate properties in Andover, IA, with a median automated valuation model (AVM) price of $140,910.00. 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 $161,349.00, with the most expensive house in Andover, IA, topping out at $647,016.00 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.

Andover, IA 52701 Foreclosures


Market Trend for Andover, IA

Total Listings Available: 2

Market Values:

Home Prices from $22,000 to $647,016

Average Sales Price: $161,349

Rental Values:

Rental from $900 to $3,080

Average Rent Value: $1,519 / month

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