Observer
Town report

Andover

Andover has 77 homes for sale. 42% of them have cut their price, against 45% statewide. Over the past 12 months, single-family homes went under agreement in a median 7 days, and 68% sold at or above their first asking price.

42%
of homes for sale have cut their price
54
days on the market, typical listing now
59%
of homes sold in the past 12 months went at or above the first asking price

2 in 5 sellers in Andover have cut their price, about the state's pace.

Share of homes for sale with a price cut. Every dot is a Massachusetts town with 20 or more listings. Andover ranks 157 of 230, where 1 has the most cuts.

Andover42%
0%Statewide 45%80%
Statewide: 7,598 of 16,853 homes for sale. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TownFor saleWith a price cut
Hopkinton5470%
Reading2868%
Templeton2868%
Groton3266%
Hull5265%
Northborough4365%
Ashland3465%
Mattapoisett4363%
Amherst4262%
Athol3962%
Sandwich6360%
Waltham11360%
Ashburnham2560%
Hudson5260%
Rockland4760%
Sudbury4760%
Millis2259%
Hanover2458%
West Brookfield2458%
Belmont5558%
Bourne7158%
Marion3757%
Dedham6057%
Somerset2357%
Westfield7156%

Single-family homes are selling at or above the first asking price.

Median sale price as a share of the first asking price, by month of sale. The black line is 100% of the asking price; above it, buyers paid more than the seller first asked.

Single-family

102.1%
Oct 2025Oct 2026

Condos

100.3%
Oct 2025Oct 2026
Months with fewer than 5 sales are left out. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
MonthSingle-familyCondos
October 2025103.7% (27 sales)98.3% (6 sales)
November 2025103.9% (14 sales)97.5% (6 sales)
December 2025104.5% (27 sales)95.7% (9 sales)
January 2026100.0% (8 sales)99.3% (5 sales)
February 2026101.7% (8 sales)96.9% (5 sales)
March 2026108.4% (8 sales)– (4 sales)
April 2026110.0% (9 sales)– (4 sales)
May 2026100.1% (30 sales)96.3% (10 sales)
June 2026103.6% (36 sales)99.3% (15 sales)
July 2026102.9% (42 sales)98.0% (11 sales)
August 2026100.5% (20 sales)98.5% (15 sales)
September 2026100.0% (29 sales)99.0% (15 sales)
October 2026102.1% (22 sales)100.3% (5 sales)

Andover has 8% more homes for sale than 12 weeks ago.

Homes for sale at the end of each week, and offers accepted each week. At the last four weeks' pace, today's homes would take 15 weeks to go under agreement.

Homes for sale

10050
79
Aug 3Oct 26

Offers accepted

158
7
Aug 3Oct 26
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
Week ofFor saleOffers acceptedNew listings
Aug 373510
Aug 10741115
Aug 1774710
Aug 247196
Aug 316933
Sep 784723
Sep 14911322
Sep 21921012
Sep 288898
Oct 59017
Oct 129449
Oct 199198
Oct 267973

What sold in the last 12 months

By home type. Median sale price, with days to an accepted offer and the share that sold at or above the first asking price.

  • Single-family$1.18M251 sales · 7 days to offer · 68% at or above first ask
  • Condos$519K104 sales · 21 days to offer · 38% at or above first ask
Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
TypeSalesMedian priceDays to offerOffer within 7 daysAt or above first ask
Single-family251$1,180,000754%68%
Condos104$519,0002134%38%

A typical two-bedroom in Andover leases for $2,600 a month.

Rent by bedrooms, leases signed in the last 12 months. The dot is the typical rent; the bar spans the middle half of leases.

  • 1 bed$2,000Middle half $1,900–$2,200 · 35 leases
  • 2 beds$2,600Middle half $2,350–$3,150 · 33 leases
  • 3 beds$3,600Middle half $3,100–$4,900 · 23 leases
  • 4+ beds$5,350Middle half $4,500–$6,500 · 12 leases
105 leases; 78% leased at the asking rent. Source: Verified market data; analysis by the Observer Markets Desk.
Show the numbers
BedroomsLeasesTypical rentMiddle halfDays to lease
1 bed35$2,000$1,900–$2,20042
2 beds33$2,600$2,350–$3,15045
3 beds23$3,600$3,100–$4,90043
4+ beds12$5,350$4,500–$6,50053

How we measure

Figures come from the multiple listing service most Massachusetts agents use, verified and refreshed every morning. A price cut means the current asking price is below the original one. Days to offer runs from the listing date to the accepted offer. Sales are closings in the last 12 months; homes sold without an agent are not included. Coming-soon listings are never counted.

Reported, written, fact-checked and published by the Observer's agentic newsroom. Every figure is checked against verified market data before it runs.