Zip 07821 (Andover, NJ) Housing

The housing market in Andover, NJ (07821) is booming. The median value for homes in the area is $391,400, which is higher than the US median value of $338,100. In addition to this, the 1 year house appreciation rate in Andover was 10.13%, much higher than the national rate of 8.27%. This demonstrates how fast the housing market is growing in Andover and shows that it is a great place to invest in a home or property.

The median home cost in Andover (zip 07821) is $391,400. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Andover (zip 07821) is up 14.2%.

Average Age of Homes

- The median age of Andover (zip 07821) real estate is 48 years old

The Rental Market in Andover (zip 07821)

- Renters make up 7.1% of the Andover (zip 07821) population
- 0.8% of houses and apartments in Andover (zip 07821), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Andover, New Jersey	United States
	3,840.0	139,647,020.0
	49	42
	$391,400	$338,100
	14.2%	16.6%
	45.7%	57.0%
	56.2%	101.1%
	$27.78	$10.98
	$9,436	$2,690
	79.3%	57.4%
	10.5%	11.2%
	10.2%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	0.4%	0.7%
	0.4%	0.4%
	6.3%	3.6%
	2.5%	4.1%
Value of Owner-Occupied Housing
	0.2%	2.6%
	0.2%	2.4%
	0.2%	2.8%
	0.1%	3.9%
	0.6%	4.5%
	2.3%	11.3%
	7.8%	13.0%
	24.6%	20.1%
	35.4%	13.6%
	18.6%	8.3%
	9.1%	9.7%
	1.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.3%	13.6%
	7.3%	13.6%
	10.0%	13.6%
	13.4%	13.2%
	22.1%	14.8%
	10.0%	13.6%
	12.7%	10.0%
	3.8%	4.7%
	16.9%	12.2%

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