Andover, IL Foreclosures
How much do homes sell for in Andover, IL?
The average home price is currently $163,119.
In Andover, IL, how many homes are available?
There are currently 1 active home listings available in Andover.
What’s the average rental cost in Andover, IL?
The average rental price in Andover is $1,093.
What is the most expensive home in Andover?
The most expensive home sold in Andover had a price of $586,463.
What is currently the cheapest priced home in Andover, IL?
The cheapest home for sale in Andover is priced at $10,969.
Living in Andover, IL
Andover, IL, is a quaint village known for its friendly community and excellent schools. Offering a peaceful lifestyle with access to parks and recreational activities, it presents a desirable location for families and real estate investors. Its strategic proximity to larger cities enhances its appeal.
Current Market Conditions in Andover, IL
The current real estate market in Andover shows a stable growth trend, with an increase in property values and demand as more families look for suburban living options. Investors are taking note of the potential for appreciation in this thriving neighborhood.
With a mix of older homes and new developments, the market offers a variety of options for investors, from fix-and-flip opportunities to long-term rentals, making it an attractive area for diverse investment strategies.
Home Value Estimator For Andover, IL
There are currently 119 real estate properties
in Andover, IL,
with a median automated valuation model (AVM) price
of $146,278.00. 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, IL, 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, IL,
is $163,119.00, with the most expensive house
in Andover, IL, topping out
at $586,463.00 and the cheapest home
in Andover, IL,
clocking in at $10,969.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Andover, IL!
Rent Prices
In Andover, IL
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Andover, IL, is on
a rollercoaster ride. The
average rent price in Andover, IL,
is $1,093.00. Indeed, when looking to rent in
Andover, IL, you can expect to pay as little
as $700.00 or as much
as $1,880.00,
with the average rent median estimated to
be $1,070.00. The good news is that finding
an affordable and desirable property to rent in Andover, IL
-- 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.
Learn more on Foreclosure homes
