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Preforeclosure Homes in Andover, MA 01844

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Living in Andover, MA

Andover, MA is a beautiful and historic town known for its strong community ties, excellent educational institutions, and scenic parks. Located a short drive from Boston, it provides residents with both suburban comforts and access to urban conveniences. The town's recreational options, along with its picturesque neighborhoods, make it a desirable place to live.

Current Market Conditions in Andover, MA

The Andover real estate market remains strong, with a competitive landscape due to the high demand for homes in sought-after neighborhoods. This trend has led to a gradual increase in property values, driven by the appeal of the educational system and community amenities.

Sellers are experiencing a favorable market, as properties are selling quickly and often above asking price, making now an excellent time for interested sellers to list their homes.

Home Value Estimator For Andover, MA

There are currently 10,959 real estate properties in Andover, MA, with a median automated valuation model (AVM) price of $1,014,343.00. 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, MA, 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, MA, is $1,066,063.00, with the most expensive house in Andover, MA, topping out at $63,242,752.00 and the cheapest home in Andover, MA, clocking in at $116,935.00. In other words, there’s something for every potential homebuyer or savvy investor in Andover, MA!

Rent Prices In Andover, MA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Andover, MA, is on a rollercoaster ride. The average rent price in Andover, MA, is $2,867.00. Indeed, when looking to rent in Andover, MA, you can expect to pay as little as $1,140.00 or as much as $4,020.00, with the average rent median estimated to be $2,980.00. The good news is that finding an affordable and desirable property to rent in Andover, MA -- 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, MA 01844 Preforeclosure Homes


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