Andover, IA Foreclosures
Current Market Conditions in in Andover, IA As of February 2026?
Over the past month, Andover’s real estate market has seen a minor increase in property inquiries and viewings, suggesting a seasonal uptick in buyer interest. As families consider moving to quieter areas, Andover has piqued their interest, leading to swift sales of available homes. However, limited listings mean that buyers may face challenges securing a property in this desirable community.
How much do homes sell for in Andover, IA?
The average home price is currently $161,397.
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 $692,718.
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, IA is a small rural community where residents enjoy a quiet lifestyle surrounded by beautiful farmland. With a population of about 300, this welcoming town offers a close-knit atmosphere and easy access to larger nearby towns for essential amenities. Outdoor activities and community events make Andover a charming place to reside.
Buyer vs Seller Market in Andover, IA
The current real estate market in Andover is stable, with home prices reflecting the area's rural charm and accessibility. Properties are generally affordable, attracting both first-time homebuyers and retirees looking for a peaceful retreat. Market demand has shown a steady increase, indicating potential for growth in property values over time.
In recent months, Andover’s housing inventory has remained low, leading to competitive bidding in some cases. Buyers seeking homes in this rural landscape appreciate the value for their money, as homes often feature larger lots and substantial outdoor space.
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 $144,133.00. 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 $161,397.00, with the most expensive house
in Andover, IA, topping out
at $692,718.00 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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