Foreclosure Homes in Andover, IA 52701

Current Market Conditions in Andover, IA

The real estate market in Andover is stable, with a balanced supply and demand for homes. The area experiences moderate growth, making it an appealing option for investors looking for promising rental properties or long-term investments.

With the influx of new residents seeking a peaceful lifestyle, property values in Andover have shown consistent appreciation. Investors should take note of the potential for appreciation and rental income as the demand for housing remains strong in this charming community.

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.