Facebook
X
Pinterest
Copy Link
The Andover real estate market continues to show strength, diversity, and steady buyer demand across all property types. Reviewing the most recent six months of MLS activity—including 88 single‑family listings, 36 condominiums, 3 multi‑family properties, and 4 land listings—several clear trends emerge.
This snapshot highlights what buyers and sellers need to know right now.
Single‑Family Homes: High Demand & Higher Price Points
Single‑family homes remain the backbone of Andover’s market, and the numbers show a competitive environment:
- 88 active/under‑agreement listings
- Median list price: $1,398,000
- Median living area: 3,760 sq ft
- Median price per sq ft: $394
- Median days on market (DOM): 18 days
Homes across the $700K–$1.2M range are moving quickly, with many going under agreement in under three weeks. Higher‑end properties—$1.5M to $3M+—are also seeing strong activity, reflecting Andover’s continued appeal to relocation buyers, executives, and families seeking top‑tier schools and commuter access.
A quote from the MLS data illustrates the pace:
“Single Family Listings: 88 … Median DOM: 18 … Median List $: $1,398,000.”
This confirms that Andover remains a high‑demand, low‑inventory market where well‑priced homes attract immediate attention.
Condominiums: A Growing Segment With Broad Appeal
The condo market in Andover is active and increasingly diverse, ranging from entry‑level units to luxury townhomes:
- 36 condo listings
- Median list price: $734,900
- Median living area: 2,018 sq ft
- Median price per sq ft: $401
- Median DOM: 40.5 days
Entry‑level condos in the $200K–$350K range continue to move quickly, especially 1‑bed and 2‑bed garden‑style units. Higher‑end townhomes—many exceeding 3,000 sq ft—are commanding $1M+ and attracting downsizers who want space without maintenance.
From the MLS:
“Condominium Listings: 36 … Median List $/SqFt: $401 … Median DOM: 40.5.”
This segment is slightly slower than single‑family homes, but still healthy and competitive.
Multi‑Family Properties: Rare & Valuable
Multi‑family homes are scarce in Andover, and the data reflects that:
- Only 3 listings
- Median list price: $999,000
- Median living area: 2,741 sq ft
- Median DOM: 44 days
These properties appeal to investors and owner‑occupants alike. With limited supply, multi‑families often sell quickly when priced correctly.
MLS excerpt:
“Multi Family Listings: 3 … Median List $: $999,000.”
Land Listings: Limited but In Demand
Land opportunities in Andover remain extremely limited:
- 4 land listings
- Median list price: $699,450
- Median DOM: 39.5 days
Most parcels are under an acre, with a few larger residential lots available. Builders and custom‑home buyers continue to compete for these rare offerings.
Overall Market Takeaway
The Andover real estate market remains strong, competitive, and inventory‑tight, especially for single‑family homes. Buyers should be prepared for quick decision‑making, while sellers continue to benefit from elevated price points and steady demand.
Whether you’re buying, selling, or investing, the data shows that Andover remains one of the most desirable communities in the Merrimack Valley.
- #AndoverMARealEstateMarketTrend
- #IsAndoverMAHousingMarketCooling
- #HowIsTheAndoverMARealEstateMarket
- #AndoverMAHomePrices2025
- #WhatAreAndoverMAHomesSellingFor
- #AndoverMARealEstateUpdate
- #IsNowAGoodTimeToBuyInAndoverMA
- #AndoverMAHousingMarketForecast
