Home prices
The median home in Andover is valued at $282,100. It is approximately $18,340 (6%) higher compared to its surrounding areas.In comparison to the nation as a whole it is roughly $64,600 (29%) higher, and compared to the city of New York is roughly $323,900 (53%) lower.
Rents
Andover's median rent is $1,115 a month. This is roughly $303 (21%) lower compared to nearby areas.In comparison to the US as a whole it is about $53 (4%) higher, and is approximately $328 (22%) lower compared to the city of New York.
Nearby places
Lake Mohawk
Lake Mohawk is about 4 miles northeast of Andover. Its real estate prices are a bit more expensive. The median home value in Lake Mohawk is $349,200, which is $67,100 (19%) higher than Andover. Rents there are somewhat more expensive. The median monthly rent in Lake Mohawk is $1,638, which is $523 (31%) higher than Andover.
Hopatcong
Hopatcong is roughly 4 miles southeast from Andover. Housing prices there are a bit less expensive. The median home price in Hopatcong is $237,000, which is $45,100 (19%) lower than Andover. Rent there is somewhat more expensive. In Hopatcong the median monthly rent is $1,456, which is $341 (23%) higher than Andover.
Newton
Newton is roughly 4 miles north of Andover. Its real estate prices are significantly less expensive. The median home in Newton costs $212,200, which is $69,900 (32%) lower than Andover. Rents there are a bit more expensive. The median rent in Newton is $1,175 per month, which is $60 (5%) higher than Andover.
Stanhope
Stanhope is approximately 5 miles south from Andover. Its real estate prices are somewhat less expensive. Stanhope's median home price is $247,400, which comes out to $34,700 (14%) lower than Andover. Its rents are substantially more expensive. The median monthly rent in Stanhope is $1,657, which works out to $542 (32%) higher than Andover.
Netcong
Netcong is approximately 6 miles south from Andover. Its real estate prices are fairly similar. The median home in Netcong costs $273,000, which works out to $9,100 (3%) lower than Andover. The rent there is similar. Netcong's median rent is $1,166 per month, which is $51 (4%) higher than Andover.