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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 $382,900, higher than the Vermont average of $340,025.
The average cost of rent is $1,389/mo in Andover, primarily driven by the current value of real estate in the Andover area. In Andover, 17.23% of households rent, and 44.67% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Andover is $8,542 per month. Households that rent pay about 16.26% of their income on rent here. Andover’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Weston, VT: higher priced homes
- Smithville, VT: less expensive homes
- Londonderry, VT: equally priced homes
- Chester, VT: less expensive homes
- Ludlow, VT: equally priced homes
- Gassetts, VT: less expensive homes
- Windham, VT: equally priced homes
- Proctorsville, VT: less expensive homes
- Houghtonville, VT: equally priced homes
- Belmont, VT: less expensive homes
Cities with Similar Populations
- Page, WV: less expensive homes
- Hancock, VT: less expensive homes
- Altair, TX: less expensive homes
- Island Beach, WI: equally priced homes
- Port Sheldon, MI: higher priced homes
- Nada, TX: less expensive homes
- Duxbury, MN: less expensive homes
- Pachaug, CT: equally priced homes
- East Quilcene, WA: less expensive homes
- Eckerman, MI: less expensive homes
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