
Home Price Key
These days, finding an affordable place to live in the Andover area can be challenging. Home prices in Andover are now at a median cost of $311,142, lower than the Connecticut average of $357,181.
The average cost of rent is $1,042/mo in Andover, primarily driven by the current value of real estate in the Andover area. While nearly 28.11% of residents own their homes outright in Andover, 12.84% rent.
Housing affordability isn’t just about home prices, though. The average household income in Andover is $8,469 per month. Households that rent pay about 12.30% of their income on rent here. Andover's most expensive areas are in the southeastern regions, while the cheapest areas are in the western parts of the city.
Nearby Cities
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Cities with Similar Populations
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- Nahant, MA: higher priced homes
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