Home Price Key
Affordable
Average
Expensive
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 $334,343, lower than the New Jersey average of $388,929.
The average cost of rent is $1,619/mo in Andover, primarily driven by the current value of real estate in the Andover area. While nearly 28.35% of residents own their homes outright in Andover, 9.30% rent.
Housing affordability isn’t just about home prices, though. The average household income in Andover is $10,497 per month. Households that rent pay about 15.42% of their income on rent here. Andover's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Andover Junction, NJ: equally priced homes
- Waterloo, NJ: less expensive homes
- Newton, NJ: less expensive homes
- Lake Mohawk, NJ: higher priced homes
- Stanhope, NJ: less expensive homes
- Hopatcong, NJ: less expensive homes
- Upper Mohawk, NJ: higher priced homes
- Netcong, NJ: less expensive homes
- Johnsonburg, NJ: higher priced homes
- Landing, NJ: equally priced homes
Cities with Similar Populations
- Middlesboro, KY: less expensive homes
- Clay, NY: less expensive homes
- New Haven, MI: less expensive homes
- Natrona Heights, PA: less expensive homes
- Nanakuli, HI: higher priced homes
- Myrtle Grove, NC: higher priced homes
- Mount Pleasant, IA: less expensive homes
- Moulton, AL: less expensive homes
- Monett, MO: less expensive homes
- Middletown, MD: higher priced homes
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