Andover, ME Foreclosures
How much do homes sell for in Andover, ME?
The average home price is currently $238,280.
In Andover, ME, how many homes are available?
There are currently 90 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 $572,394.
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, Maine is a charming small town known for its stunning natural scenery and strong community vibe. With access to outdoor activities and a peaceful lifestyle, it attracts families and outdoor enthusiasts alike. The town boasts local shops and services, making it a convenient place to live.
Current Market Conditions in Andover, ME
The current real estate market in Andover shows signs of steady growth, with increasing demand for homes as more people seek out rural living. Properties are being snapped up quickly, often above asking price, as buyers are interested in the outdoor lifestyle that Andover offers.
Recent trends indicate a rise in home renovations as owners improve existing properties to meet the needs of potential buyers, which in turn is bringing higher property values to the area.
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 $227,517.00. 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 $238,280.00, with the most expensive house
in Andover, ME, topping out
at $572,394.00 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.