The housing in Andover borough, NJ is quite impressive with the median value of homes at $344,900. This is notably higher than the national median house value of $338,100 which makes it a highly desirable place to live. The 1 year appreciation of houses in Andover borough is particularly impressive at 10.13%, higher than the US average of 8.27%. This indicates that there is a high demand for housing in this area and prices are likely to remain stable or even increase over time. Overall, living in Andover borough looks like an attractive option for both current residents and those considering relocating here.
The median home cost in Andover borough is $344,900. Home appreciation the last 10 years has been 56.2%. Home Appreciation in Andover borough is up 14.2%.
Average Age of Homes
- The median age of Andover borough real estate is 78 years old
The Rental Market in Andover borough
- Renters make up 23.3% of the Andover borough population
- 0.0% of houses and apartments in Andover borough, 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.