The housing market in Andover, VT is quite strong. The median value of a home is around $433,200 which is significantly higher than the US median value of $338,100. This large disparity can be attributed to the solid appreciation of homes in Andover over the last year, where it rose by 15.30%, far surpassing the US 1 year house appreciation of 8.27%. This shows that home values in Andover have gone up significantly, making it a great place for anyone looking to invest in real estate.
The median home cost in Andover is $433,200. Home appreciation the last 10 years has been 63.5%. Home Appreciation in Andover is up 19.1%.
Average Age of Homes
- The median age of Andover real estate is 37 years old
The Rental Market in Andover
- Renters make up 7.7% of the Andover population
- 1.8% 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.