Andover, IA Foreclosures
Current Market Conditions in in Andover, IA As of April 2026?
Over the past month, Andover's real estate market has remained stable with slight fluctuations in home prices. The average home price has seen a modest increase of about 2%, indicating that demand is still strong. Homebuyers continue to show interest in this area, which may lead to further increases in property values in the near future. The number of homes sold has also risen, demonstrating an active market with homes tending to sell within a reasonable timeframe due to a balanced inventory level.
How much do homes sell for in Andover, IA?
The average home price is currently $156,613.
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 $692,273.
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, offers a serene small-town atmosphere that appeals to families and outdoor enthusiasts alike. This charming community is surrounded by beautiful rural landscapes and provides easy access to nearby amenities. With its friendly residents and local events, Andover is a great place to call home.
Buyer vs Seller Market in Andover, IA
The real estate market in Andover is showing signs of stability with a slight increase in home prices over the past few months. Demand for homes in this peaceful community remains steady, reflecting the area's appeal to families and retirees looking for a quieter lifestyle. Inventory levels are moderate, which has contributed to a balanced market environment, giving buyers and sellers an equal footing in transactions.
There has been an uptick in new construction projects in Andover, particularly focusing on family homes. This trend indicates a growing interest in the area as more families seek to relocate to this quaint town, further driving demand for housing.
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 $137,816.00. 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 $156,613.00, with the most expensive house
in Andover, IA, topping out
at $692,273.00 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.
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