The housing market in Andover, IA is strong and attractive. The median value for a house is $117,500 which is significantly lower than the national median value of $338,100. In the past year, the US has had an 8.27% appreciation in house values, but Andover, IA has had an even higher 11.21% appreciation rate. This makes investing in housing in Andover, IA a great opportunity for anyone looking to purchase property or invest in real estate.
The median home cost in Andover is $117,500. Home appreciation the last 10 years has been 54.0%. Home Appreciation in Andover is up 12.8%.
Average Age of Homes
- The median age of Andover real estate is 78 years old
The Rental Market in Andover
- Renters make up 11.9% of the Andover population
- 0.0% of houses and apartments in Andover, 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.