Andover Real Estate Market Report: September 2025

In September 2025, the median sale price in Andover was $450,000, down 4.3% from a year earlier.

Median Sales Price
$450,000
-4.3% vs. September 2024
Homes for Sale
81
+0% vs. September 2024
Months Supply
3
+7.1% vs. September 2024
Balanced market
Days on Market
36
+0% vs. September 2024
Closed Sales
33
+10% vs. September 2024
Percent of Original List Received
98.9%
+0.2 pts vs. September 2024

What this means

The median sale price has decreased by 4% from last year to $450,000, though an opposite trend in price per square foot suggests this change more likely reflects the mix of homes that sold.

Homes are averaging 36 days on market, in line with last year, and sellers are receiving 98.9% of their original asking price.

The area is currently a balanced market with 3 months of supply. Active inventory is holding steady at 81 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 September 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 81 homes for sale.

How fast are homes selling in Andover?

Homes that sold in September 2025 spent an average of 36 days on market, about the same as a year earlier. Sellers received 98.9% of their original list price on average.

Are home prices going up in Andover?

No. The median sale price fell 4.3% year over year to $450,000. Price per square foot moved the other way (from $200 to $203), which suggests the change mostly reflects the mix of homes sold.

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
August 2025$462,50036242
September 2025$450,00033363

How Andover compares with the Twin Cities region

In September 2025, the median sale price in Twin Cities (16-County Region) was $390,000, up 2.6% from a year earlier.

Read the September 2025 regional report

More to explore

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

Report published .

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