Andover, NJ Home Values & Market Trends
Real estate market trends reflect that there have been 94 transactions over the past year in Andover. The median value for residential home transactions that occurred over the previous year is $607,834. The number of current listings in Andover is 89, and the percentage of properties for sale in the city is 89.00%. Andover, NJ currently has 13 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 89 properties for sale.
Andover, NJ Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 07821 | $ 559,900 $ 291/sqft |
Housing Market Summary for Andover, NJ
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $599K | $634K | 5.84% |
| Median Sold Price | $535K | $336.5K | -37.11% |
| Homes For Sale | 37 | 89 | 140.54% |
| Homes Sold | 36 | 21 | -41.67% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Andover, NJ
Browse Homes in Andover, NJ
Andover home values range from $173,165 to $4,868,000. The median estimated value of a home in Andover is $607,834. The median list price of a home is 634,000, and the total count of properties in the city is 135.
- Pre-ForeclosurePre-foreclosure homes account for 8.89% of all residential properties in Andover, NJ with 07821 containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Andover, NJ; of that zips, the estimated home value for pre-foreclosure homes ranges from $919,161 in 07821 to the lowest home value of $244,900 in 07821.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Andover, NJ ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Andover, NJ. There is 1 zips within Andover, NJ; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions07821 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Andover, NJ. Auction homes and other auction properties account for 0.74% of all properties in Andover, NJ. There is 1 zips within Andover, NJ; of that zips, the median estimated home value for homes going to auction ranges from $470,000 in 07821 to the lowest value of $389,000 in 07821.
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Guide for Andover, NJ
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
