Andover, ME Foreclosures
Current Market Conditions in in Andover, ME As of February 2026?
Over the past month, the real estate market in Andover has experienced slight increases in both property listings and buyer inquiries. This uplift can be attributed to the transition into the fall season, which traditionally sees a surge in interest from buyers looking for homes before winter sets in. While prices have remained relatively steady, the inventory is slowly changing, indicating a potential uptick as the year progresses.
How much do homes sell for in Andover, ME?
The average home price is currently $229,107.
In Andover, ME, how many homes are available?
There are currently 98 active home listings available in Andover.
What’s the average rental cost in Andover, ME?
The average rental price in Andover is $1,220.
What is the most expensive home in Andover?
The most expensive home sold in Andover had a price of $603,316.
What is currently the cheapest priced home in Andover, ME?
The cheapest home for sale in Andover is priced at $18,415.
Living in Andover, ME
Andover, ME, is a quaint town nestled in the heart of Maine, offering easy access to outdoor adventures and a close-knit community. Known for its stunning natural beauty and rich culture, Andover is an ideal place for families and individuals seeking tranquility along with recreational options.
Buyer vs Seller Market in Andover, ME
The real estate market in Andover, ME is currently stable, with a steady demand for homes driven by both local residents and those seeking vacation properties in a serene setting. The modest population combined with picturesque surroundings creates an appealing atmosphere for homebuyers looking for both primary residences and second homes.
Traditionally, Andover has seen slower growth in terms of home prices compared to larger nearby towns. However, the increased interest in rural living has initiated a trend of rising demand, especially for properties that offer ample outdoor space and modern amenities.
Home Value Estimator For Andover, ME
There are currently 122 real estate properties
in Andover, ME,
with a median automated valuation model (AVM) price
of $215,014.00. 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, ME, 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, ME,
is $229,107.00, with the most expensive house
in Andover, ME, topping out
at $603,316.00 and the cheapest home
in Andover, ME,
clocking in at $18,415.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Andover, ME!
Rent Prices
In Andover, ME
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Andover, ME, is on
a rollercoaster ride. The
average rent price in Andover, ME,
is $1,220.00. Indeed, when looking to rent in
Andover, ME, you can expect to pay as little
as $1,000.00 or as much
as $1,430.00,
with the average rent median estimated to
be $1,240.00. The good news is that finding
an affordable and desirable property to rent in Andover, ME
-- 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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