North Andover, MA Home Values & Market Trends

Real estate market trends reflect that there have been 350 transactions over the past year in North Andover. The median value for residential home transactions that occurred over the previous year is $739,363.53. The number of current listings in North Andover is 7, and the percentage of properties for sale in the city is 7.00%. North Andover, MA currently has 10 properties in foreclosure, 1 bank owned properties, 1 properties headed for auction, and 7 properties for sale.

North Andover, MA Real Estate Market Overview

ZipMedian Est. Value
01845

$ 852,544

$ 354/sqft

Housing Market Summary for North Andover, MA

Apr 2023March 2024Change
Median Listing Price$664.5K$679.9K2.33%
Median Sold Price$574K$679.9K18.45%
Homes For Sale106-40.00%
Homes Sold1341361.49%
Price
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in North Andover, MA

North Andover home values range from $149,358 to $3,759,003. The median estimated value of a home in North Andover is $739,363.53. The median list price of a home is 710,000, and the total count of properties in the city is 8,968.

Foreclosure
There is 1 zips within North Andover, MA; within this zips, the median estimated home value for homes in foreclosure ranges from $1,172,733 in 01845 to the lowest value of $522,807 in 01845. Foreclosure homes account for 0.00% of properties in North Andover, MA with 01845 containing 10 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.09% of all residential properties in North Andover, MA with 01845 containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within North Andover, MA; of that zips, the estimated home value for pre-foreclosure homes ranges from $1,172,733 in 01845 to the lowest home value of $522,807 in 01845.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in North Andover, MA ranges from the highest value of $535,025 in 01845 to the lowest value of $535,025 in 01845. Bank owned homes and properties account for 0.01% of properties in North Andover, MA. There is 1 zips within North Andover, MA; 01845 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    01845 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of North Andover, MA. Auction homes and other auction properties account for 0.01% of all properties in North Andover, MA. There is 1 zips within North Andover, MA; of that zips, the median estimated home value for homes going to auction ranges from $543,285 in 01845 to the lowest value of $543,285 in 01845.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.08% of residential properties in North Andover, MA with 01845 containing 7 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within North Andover, MA; homes for sale in that zips, have a range of median values from $1,519,961 in 01845 to the lowest value of $434,404 in 01845.
    Sold Homes
    The median value for recently sold homes ranges from $2,275,000 in 01845 to the lowest price of $177,279 in 01845. There is 1 zips within North Andover, MA. 01845 has 139 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.55% of properties in North Andover, MA.

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      Guide for North Andover, MA

      Market Reports
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      Market Reports
      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      See More Articles
      Boston Real Estate: A Year of Growth – Market Report March 2024
      Market Reports|posted 14 March 2024

      This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Augusta, ME Property Values Soar to $342K Amid Dipping Sales Volume
      Market Reports|posted 24 April 2024

      The Augusta, Maine real estate market has seen considerable growth in property values and price per square foot, despite a decrease in sales. Comparisons with neighboring cities suggest diverse market conditions.

      Recently Listed Homes North Andover, MA

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