The housing market in Andover, OH is generally more affordable than the national median. The median value of a house in Andover is $142,700, which is significantly lower than the US median of $338,100 in the same year. Additionally, the one-year house appreciation rate for Andover was 10.26%, higher than the 8.27% appreciation rate for the country as a whole. This demonstrates that Andover has had strong growth in its housing market over the past year.
The median home cost in Andover is $142,700. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Andover is up 13.4%.
Average Age of Homes
- The median age of Andover real estate is 68 years old
The Rental Market in Andover
- Renters make up 43.2% of the Andover population
- 5.3% 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.