Andover Real Estate Market Report: September 2025
In September 2025, the median sale price in Andover was $440,000, down 6.4% from a year earlier.
- Median Sales Price
- $440,000
- -6.4% vs. September 2024
- Homes for Sale
- 82
- +1.2% vs. September 2024
- Months Supply
- 3
- +7.1% vs. September 2024
- Balanced market
- Days on Market
- 37
- +2.8% vs. September 2024
- Closed Sales
- 37
- +23.3% vs. September 2024
- Percent of Original List Received
- 98.8%
- +0.1 pts vs. September 2024
What this means
The median sale price has decreased by 6% from last year to $440,000, though an opposite trend in price per square foot suggests this change more likely reflects the mix of homes that sold.
Homes are selling 1 day longer than last year, averaging 37 days on market, and sellers are receiving 98.8% of their original asking price.
The area is currently a balanced market with 3 months of supply. Active inventory is up 1% from last year to 82 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 82 homes for sale.
How fast are homes selling in Andover?
Homes that sold in September 2025 spent an average of 37 days on market, 1 day slower than a year earlier. Sellers received 98.8% of their original list price on average.
Are home prices going up in Andover?
No. The median sale price fell 6.4% year over year to $440,000. Price per square foot moved the other way (from $200 to $206), which suggests the change mostly reflects the mix of homes sold.
Market trends in Andover
| Month | Median sale price | Closed sales | Days on market | Months supply |
|---|---|---|---|---|
| August 2024 | $447,500 | 32 | 27 | 3.1 |
| September 2024 | $470,000 | 30 | 36 | 2.8 |
| October 2024 | $441,450 | 32 | 34 | 2.8 |
| November 2024 | $451,200 | 26 | 74 | 2.2 |
| December 2024 | $467,500 | 18 | 47 | 1.4 |
| January 2025 | $425,000 | 27 | 104 | 1.4 |
| February 2025 | $429,900 | 17 | 74 | 1.2 |
| March 2025 | $439,900 | 21 | 76 | 1.6 |
| April 2025 | $475,000 | 31 | 34 | 2 |
| May 2025 | $451,500 | 32 | 13 | 2.4 |
| June 2025 | $521,250 | 38 | 26 | 2.7 |
| July 2025 | $485,000 | 26 | 34 | 3 |
| August 2025 | $462,500 | 36 | 24 | 2 |
| September 2025 | $440,000 | 37 | 37 | 3 |
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.
More to explore
Data: NorthstarMLS Local Market Update via 10K Research, published August 24, 2026.
Report published .
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