Zip 04216 (Andover, ME) Housing

Andover, ME is an area known for its quiet communities and high quality of life. The median value of housing in 04216 Andover, ME is $121,500, which is significantly lower than the US house median value of $338,100. That being said, over the past year, there has been an appreciation of 14.68% in the housing market of Andover compared to 8.27% nationally. This highlights the appeal of living in this region and could be a great opportunity for potential homeowners to invest in the area while real estate prices are still relatively low.

The median home cost in Andover (zip 04216) is $121,500. Home appreciation the last 10 years has been 96.2%. Home Appreciation in Andover (zip 04216) is up 20.0%.

Average Age of Homes

- The median age of Andover (zip 04216) real estate is 40 years old

The Rental Market in Andover (zip 04216)

- Renters make up 4.0% of the Andover (zip 04216) population
- 0.0% of houses and apartments in Andover (zip 04216), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Andover, Maine	United States
	549.0	139,647,020.0
	42	42
	$121,500	$338,100
	20.0%	16.6%
	78.7%	57.0%
	96.2%	101.1%
	$12.86	$10.98
	$1,822	$2,690
	46.6%	57.4%
	49.0%	11.2%
	4.4%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.0%	0.4%
	46.8%	3.6%
	1.6%	4.1%
Value of Owner-Occupied Housing
	2.7%	2.6%
	5.1%	2.4%
	10.2%	2.8%
	5.5%	3.9%
	13.7%	4.5%
	14.8%	11.3%
	18.4%	13.0%
	21.9%	20.1%
	5.1%	13.6%
	2.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.5%	0.2%
	15.3%	13.6%
	15.3%	13.6%
	11.7%	13.6%
	19.7%	13.2%
	13.8%	14.8%
	11.7%	13.6%
	8.6%	10.0%
	1.1%	4.7%
	22.2%	12.2%

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