Andover Real Estate Market Report: July 2025

In July 2025, the median sale price in Andover was $485,000.

Median Sales Price
$485,000
No prior comparison
Homes for Sale
84
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Months Supply
3
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Balanced market
Days on Market
34
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Closed Sales
26
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Percent of Original List Received
101.3%
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What this means

The median sale price is currently $485,000.

Homes are averaging 34 days on market, and sellers are receiving 101.3% of their original asking price.

The area is currently a balanced market with 3 months of supply. There are currently 84 homes for sale.

In a balanced market, neither side has a steep advantage, making careful pricing for sellers and steady negotiation for buyers the key to success.

Common questions about the Andover market

Is Andover a buyer's or seller's market?

Andover was a balanced market in July 2025, with 3 months of supply. Under about 3 months generally favors sellers, 3 to 6 months is considered balanced, and over 6 months favors buyers. There were 84 homes for sale.

How fast are homes selling in Andover?

Homes that sold in July 2025 spent an average of 34 days on market. Sellers received 101.3% of their original list price on average.

Market trends in Andover

Andover monthly market data
MonthMedian sale priceClosed salesDays on marketMonths supply
August 2024$447,50032273.1
September 2024$470,00030362.8
October 2024$441,45032342.8
November 2024$451,20026742.2
December 2024$467,50018471.4
January 2025$425,000271041.4
February 2025$429,90017741.2
March 2025$439,90021761.6
April 2025$475,00031342
May 2025$451,50032132.4
June 2025$521,25038262.7
July 2025$485,00026343

How Andover compares with the Twin Cities region

In July 2025, the median sale price in Twin Cities (16-County Region) was $395,000.

Read the July 2025 regional report

More to explore

Data: NorthstarMLS Local Market Update via 10K Research, published August 24, 2026.

Report published .

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