Andover, IA Foreclosures
Current Market Conditions in in Andover, IA As of March 2026?
Over the past month, Andover's real estate market has seen active listings and increased interest from buyers, resulting in a slight uptick in home prices. The demand, driven by the area's appealing amenities and family-friendly environment, has led to a quicker turnover in homes, making it a lively market for sellers.
How much do homes sell for in Andover, IA?
The average home price is currently $158,921.
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 $683,953.
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 picturesque small town offering a friendly atmosphere, easy access to local amenities, and a strong sense of community. With beautiful parks and educational opportunities nearby, it is an ideal location for families and individuals alike. Enjoy a peaceful lifestyle in this charming part of Iowa.
Buyer vs Seller Market in Andover, IA
The real estate market in Andover is currently seeing a healthy growth trend, characterized by a steady increase in home prices over the past several months. The demand for housing remains strong, influenced by the town's appeal to families and retirees seeking a quieter lifestyle in Iowa.
As Andover continues to attract new residents, the market is expected to remain competitive. Homes in the area have shown resilience, often selling quickly, with properties priced correctly receiving multiple offers.
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 $145,442.00. 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 $158,921.00, with the most expensive house
in Andover, IA, topping out
at $683,953.00 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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