Zip 01845 (North Andover, MA) Housing


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The housing market in 01845 North Andover, MA is quite strong with a median house value of $696,700. This is significantly higher than the national median home value of $338,100. The 1 year appreciation rate for homes in 01845 North Andover, MA has been 8.08%, which is slightly lower than the national appreciation rate of 8.27%. With such a high median home value and a healthy appreciation rate, it's no wonder that people are drawn to this area for housing investments.

The median home cost in North Andover (zip 01845) is $696,700. Home appreciation the last 10 years has been 90.5%. Home Appreciation in North Andover (zip 01845) is up 12.9%.

Average Age of Homes
- The median age of North Andover (zip 01845) real estate is 42 years old
The Rental Market in North Andover (zip 01845)
- Renters make up 25.3% of the North Andover (zip 01845) population
- 0.7% of houses and apartments in North Andover (zip 01845), 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

  HousingNorth Andover, MassachusettsUnited States
  11,583.0139,647,020.0
  4542
  $696,700$338,100
  12.9%16.6%
  48.6%57.0%
  90.5%101.1%
  $12.46$10.98
  $6,820$2,690
  67.3%57.4%
  5.3%11.2%
  27.4%31.4%
  Vacant Housing
  0.7%1.9%
  0.0%0.4%
  1.1%0.7%
  0.0%0.4%
  0.5%3.6%
  3.1%4.1%
  Value of Owner-Occupied Housing
  0.3%2.6%
  0.4%2.4%
  0.2%2.8%
  1.1%3.9%
  0.0%4.5%
  1.2%11.3%
  2.4%13.0%
  9.9%20.1%
  13.2%13.6%
  13.6%8.3%
  40.9%9.7%
  12.9%3.9%
  3.1%2.2%
  0.2%0.8%
  0.6%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  9.2%13.6%
  9.2%13.6%
  11.0%13.6%
  17.2%13.2%
  15.9%14.8%
  11.0%13.6%
  11.2%10.0%
  3.0%4.7%
  15.9%12.2%
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