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Foreclosure Homes in Andover, NJ 07821

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Andover, NJ Foreclosures

Current Market Conditions in in Andover, NJ As of March 2026?
Over the past month, Andover's real estate market has experienced a noticeable increase in activity. The number of homes sold has risen, reflecting a growing interest from buyers looking for homes in tranquil, suburban settings. The average sale price has also seen a slight uptick, indicating a higher demand and willingness to invest in properties that offer comfort and space. Homes are selling quickly, often in weeks rather than months, which is a shift from previous trends. This accelerated pace suggests that As buyers are realizing the long-term benefits of owning property in a natural and community-rich environment like Andover, they are now acting with greater urgency.
How much do homes sell for in Andover, NJ?
The average home price is currently $587,192.
In Andover, NJ, how many homes are available?
There are currently 33 active home listings available in Andover.
What’s the average rental cost in Andover, NJ?
The average rental price in Andover is $2,113.
What is the most expensive home in Andover?
The most expensive home sold in Andover had a price of $6,288,869.
What is currently the cheapest priced home in Andover, NJ?
The cheapest home for sale in Andover is priced at $11,946.

Living in Andover, NJ

Andover, NJ, is a picturesque township nestled in Sussex County, offering residents a peaceful, community-focused lifestyle with access to various outdoor activities, excellent local amenities, and quality schools. With its beautiful landscapes, rich history, and family-friendly atmosphere, Andover is perfect for those seeking serenity away from the city bustle.

Buyer vs Seller Market in Andover, NJ

The Andover real estate market is currently displaying a stable growth trend, with a steady demand for family homes. Prices in the area have shown modest appreciation over the past year, attracting buyers who appreciate the area's natural beauty and community feel. Listings tend to receive multiple offers, suggesting a competitive market environment, particularly for well-maintained properties.

Recent trends indicate a rise in buyers searching for larger homes with outdoor space, likely influenced by the pandemic's impact on living preferences. As a result, properties with ample land and outdoor amenities are in high demand, driving market activity in Andover.

Home Value Estimator For Andover, NJ

There are currently 2,161 real estate properties in Andover, NJ, with a median automated valuation model (AVM) price of $528,180.00. 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, NJ, 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, NJ, is $587,192.00, with the most expensive house in Andover, NJ, topping out at $6,288,869.00 and the cheapest home in Andover, NJ, clocking in at $11,946.00. In other words, there’s something for every potential homebuyer or savvy investor in Andover, NJ!

Rent Prices In Andover, NJ

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Andover, NJ, is on a rollercoaster ride. The average rent price in Andover, NJ, is $2,113.00. Indeed, when looking to rent in Andover, NJ, you can expect to pay as little as $1,200.00 or as much as $4,350.00, with the average rent median estimated to be $2,040.00. The good news is that finding an affordable and desirable property to rent in Andover, NJ -- 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, NJ 07821 Foreclosures

Market Trend for Andover, NJ

Total Listings Available: 33

Market Values:

Home Prices from $11,946 to $6,288,869

Average Sales Price: $587,192

Rental Values:

Rental from $1,200 to $4,350

Average Rent Value: $2,113 / month

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