Home prices
The median home in Andover costs $564,200. It is about $182,060 (47%) higher compared to its nearby areas.Compared to the entire nation it is approximately $346,700 (159%) higher, and it is approximately $31,500 (5%) higher compared to the city of Boston.
Rents
In Andover the median rent is $1,006 per month. Compared to its surrounding areas this is about $368 (26%) lower.Compared to the United States as a whole it is roughly $56 (5%) lower, and in comparison to the city of Boston is approximately $614 (37%) lower.
Nearby places
Lawrence
Lawrence is roughly 3 miles north from Andover. Real estate prices there are substantially less expensive. The price of the median home in Lawrence is $271,100, which is $293,100 (108%) lower than Andover. Rent there is a little more expensive. The median monthly rent in Lawrence is $1,145, which is $139 (12%) higher than Andover.
Methuen Town
Methuen Town is roughly 5 miles north of Andover. Its housing prices are a lot less expensive. The cost of the median home in Methuen Town is $333,200, which comes out to $231,000 (69%) lower than Andover. Its rents are somewhat more expensive. In Methuen Town the median rent is $1,233 a month, which comes out to $227 (18%) higher than Andover.
Wilmington
Wilmington is roughly 6 miles south of Andover. Housing prices there are a little less expensive. The median home price in Wilmington is $473,800, which comes out to $90,400 (19%) lower than Andover. Its rents are significantly more expensive. The median rent in Wilmington is $1,981 per month, which is $975 (49%) higher than Andover.
Lowell
Lowell is roughly 7 miles west from Andover. Its real estate prices are a lot less expensive. The median home in Lowell costs $269,800, which is $294,400 (109%) lower than Andover. Its rents are a bit more expensive. Lowell's median rent is $1,158 a month, which comes out to $152 (13%) higher than Andover.
Reading
Reading is approximately 8 miles south of Andover. The housing prices there are fairly similar. The price of the median home in Reading is $562,800, which is very similar to Andover. Rents there are a little more expensive. Reading's median monthly rent is $1,354, which comes out to $348 (25%) higher than Andover.
