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Preforeclosure Homes in Andover, IA 52701

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Living in Andover, IA

Andover, IA is a welcoming small town characterized by its tight-knit community and serene environment. Residents enjoy a variety of outdoor activities, top-notch schools, and access to essential amenities. It provides a rare blend of tranquility and convenience, making it an ideal place for families and individuals alike.

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.

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 $138,641.00. 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 $158,963.00, with the most expensive house in Andover, IA, topping out at $648,311.00 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 Preforeclosure Homes


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