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.