Housing in Andover, NJ

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$375,000

Median List Price

N/A

Price Per Sq Ft

$227

Days on Market

Active Inventory

N/A

Zillow Home Value

$553,972

ZHVI — January 2026

Price Trends

Source: Redfin

Sale Price ↓ 16.7%List Price ↓ 27.1%Mar 24 → Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Sale-to-List Ratio

105.1%

Seller's market

Sold Above Asking

50.0%

Market Activity

Source: Redfin

Homes Sold

Homes Sold ↑ 100.0%New Listings ↓ 50.0%Pending ↑ 200.0%Mar 24 → Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$227

Sale $/SF ↑ 16.4%List $/SF ↓ 23.7%Mar 24 → Jan 26

Andover vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Andover is highlighted.

Median Home Value

80th%ilemost expensive$355,400show rank

Median Rent

83rd%ilemost expensive rent$1,549show rank

Median Price Per Sq Ft

70th%ilemost expensive $/sqft$227show rank

Rent Burden

79th%ilehighest rent burden23.6%show rank

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$355,400

Median Rent

$1,549

Total Housing Units

299

Vacancy Rate

8.4%

Owner Occupied

60.2%

Renter Occupied

39.8%

Median Property Tax

$8,856

per year

Monthly Cost (w/ Mortgage)

$1,693

Housing Types

Single Family

69.9%

Multi-Family

30.1%

Mobile Home

0.0%

The current median sale price in Andover, NJ is $375,000 according to Redfin data. Homes spend a median of 84 days on the market. 50.0% of homes sold above asking price. The median price per square foot is $227. The median rent is $1,549 per month (Census ACS). About 60.2% of housing units are owner-occupied. The median year homes were built is 1955. There are 299 total housing units.