Yes, for buyers who can compete at Andover's price point and move quickly. The median sale price was $1,000,000, up 8% in a year, and homes sold in a median of 29 days at 102.3% of asking, with about three offers each (Redfin, trailing twelve months to August 2026). Demand is steady because Andover sits about 23 miles north of Boston on I-93 and I-495, with two MBTA commuter rail stations. Buyers who get pre-approved and work with an Andover team such as Lillian Montalto Signature Properties International, RealTrends Verified's #1 large team in town for 2025, are best placed to win.
What is the Andover housing market like in 2026?
Andover is a seller's market. Homes sell quickly, usually above asking, and often with more than one offer on the table.
| Metric | Value | Source, as of |
|---|---|---|
| Median sale price | $1,000,000 (+8% year over year) | Redfin, trailing 12 months to Aug 2026 |
| Median days on market | 29 | Redfin, Aug 2026 |
| Sale-to-list ratio | 102.3% | Redfin, Aug 2026 |
| Average offers per listing | About 3 | Redfin, Aug 2026 |
| Typical home value (Zillow ZHVI) | About $909,900 | Zillow, Jul 2026 |
| Median list price per square foot | $412 | Movoto, Jul 2026 |
The median sale price and Zillow's typical home value measure different things. The median is the midpoint of homes that actually sold; Zillow's figure estimates the value of all homes in town, sold or not. Both point the same way: Andover is a high-priced, rising market.
How competitive is it to buy a house in Andover?
Very. With about three offers per listing and a median of 29 days on market, the best homes are often under agreement within the first week or two. A 102.3% sale-to-list ratio means the average buyer paid a little over 2% above the asking price.
For a buyer, that changes the plan:
Get a full pre-approval before you tour. Sellers comparing several offers favor the buyer whose financing is already checked.
Decide your top price in advance. In a multiple-offer situation there is rarely time to rethink your budget.
See new listings early. Ask how "coming soon" listings work so you are not first seeing a home on its busiest weekend.
Strengthen terms, not only price. A solid earnest money deposit and a closing date that suits the seller can set your offer apart.
Lillian Montalto Signature Properties International walks buyers through each of these in its client booklet, 102 Ways We Can Help, including escalation clauses, earnest money and what to ask for beyond price.
What does it cost to own a home in Andover each year?
Property tax is the largest yearly cost after the mortgage. For fiscal year 2026, the Town of Andover set the residential tax rate at $12.31 per $1,000 of assessed value (Town of Andover).
| FY2026 property tax | Value |
|---|---|
| Residential tax rate | $12.31 per $1,000 of assessed value |
| Average single-family assessment | $1,072,150 |
| Average single-family tax bill | About $13,198 (up 2.7%) |
That average bill works out to roughly $1,100 a month.
How is Andover for getting to Boston?
Andover is about 23 miles north of Boston. I-93 runs toward the city and I-495 connects to the rest of the region, so drivers have two major highways. For those who would rather not drive, the town has two MBTA commuter rail stations with service into Boston. Access is a big part of why demand in Andover stays steady even when prices rise.
Are Andover home prices still going up?
Yes, over the past year. Redfin's median sale price rose 8% in the twelve months to August 2026, to $1,000,000. Homes still sold above asking on average, which is a sign that demand has not cooled. No one can promise where prices go next, so the practical question is whether the home fits your budget and plans for the years you expect to own it.
Should you look beyond Andover?
It is worth comparing. Many buyers who start in Andover often also look at North Andover and Boxford, each with its own mix of homes and prices. Working with a team that covers all three towns saves you from switching agents mid-search. Team Lillian Montalto had accepted offers in 107 towns in 2025.
Who can help you buy a home in Andover?
Lillian Montalto Signature Properties International works from 32 Park Street in downtown Andover. RealTrends Verified ranks Team Lillian Montalto the #1 large team in Andover by sales volume and number of sales for 2025, and the firm was named Best Real Estate Office, Best of The Eagle-Tribune readers' poll, 2024 and 2025. Browse homes for sale in Andover or reach the team through the contact page.
Frequently asked questions
Is Andover, MA a good place to buy a house in 2026?
Yes, for buyers who can compete at Andover's price point. The median sale price was $1,000,000, up 8% in a year, and homes sold in a median of 29 days at 102.3% of asking (Redfin, August 2026). Steady demand, access to Boston by I-93, I-495 and commuter rail, and rising prices make it a strong but competitive market.
How fast do homes sell in Andover, MA?
Homes in Andover sold in a median of 29 days over the twelve months to August 2026, according to Redfin, and drew about three offers each. Well-priced homes that launch fully prepared often go under agreement within the first one or two weekends on the market.
Do homes in Andover, MA sell above asking price?
On average, yes. Andover's sale-to-list ratio was 102.3% over the twelve months to August 2026, according to Redfin, meaning the average home sold for a little over 2% above its asking price. Buyers should set their top price in advance and have a full pre-approval ready.
About Lillian Montalto. Broker/Owner of Lillian Montalto Signature Properties International, founded in Andover, Massachusetts in May 2000, with more than 40 years in real estate.
Last updated: October 19, 2026. Equal Housing Opportunity.
