The housing market in Andover, CT (06232) is a great place to invest in. With an overall median value of $319,200, it is slightly below the national median housing value of $338,100. However, this lower cost has spurred greater appreciation in house values over the past year with an increase of 10.82%, which is higher than the national rate of 8.27%. This means that buyers who purchase now will see their investment grow significantly faster than the norm. With such strong returns on investment and a competitive pricing structure, Andover, CT (06232) is an excellent option for those looking to make a smart real estate decision.
The median home cost in Andover (zip 06232) is $319,200. Home appreciation the last 10 years has been 49.9%. Home Appreciation in Andover (zip 06232) is up 10.2%.
Average Age of Homes
- The median age of Andover (zip 06232) real estate is 44 years old
The Rental Market in Andover (zip 06232)
- Renters make up 11.4% of the Andover (zip 06232) population
- 0.4% of houses and apartments in Andover (zip 06232), 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.