The housing market in Andover, OH (44003) is doing very well. The median value of a house in the area is $139,100, which is significantly lower than the median value of a US house ($338,100). Despite this discrepancy, home appreciation has still been strong in Andover with rates reaching 10.26% in the last year compared to 8.27% for houses across the USA. This is indicative of a strong local economy and good investment opportunities as people are willing to pay more money for quality properties.
The median home cost in Andover (zip 44003) is $139,100. Home appreciation the last 10 years has been 69.3%. Home Appreciation in Andover (zip 44003) is up 13.4%.
Average Age of Homes
- The median age of Andover (zip 44003) real estate is 42 years old
The Rental Market in Andover (zip 44003)
- Renters make up 21.8% of the Andover (zip 44003) population
- 0.5% of houses and apartments in Andover (zip 44003), 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.