Home Values

Andover Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$75,000

  • -3.2% 1-year change
  • None 1-year forecast

The median home value in Andover is $75,000. Andover home values have declined -3.2% over the past year.

Foreclosures will be a factor impacting home values in the next several years. In Andover 9.1 homes are foreclosed (per 10,000). This is greater than the national value of 3.9

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Andover is 13.2%, which is higher than the national value of 6.3%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Andover homeowners underwater on their mortgage is 19.8%.

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Relative ZHVI
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Andover Market Overview

Data through Apr 30, 2015
  • $75,000 ZHVI
  • No data 1-yr forecast
  • No data Median listing price
  • No data Median sale price
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Andover Market Health

Data through Apr 30, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 19.8% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 13.2% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)
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Nearby Cities

Name Median ZHVI
Greene Township $112,800
Jefferson $101,000
Farmdale $98,400
Name Median ZHVI
Kinsman $80,100
 
 

Listings & Sales

  • No data
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Andover Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $934 Andover
    $959 Ashtabula Metro
    $1,364 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.0 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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