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  4. /Andover, NY - 14806

Andover, NY—14806

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$133,000
6.2% YoY Growth
Household Income
$75,400
40.8% YoY Growth
Days on Market
95
61.0% Longer YoY
Home Price Forecast
N/A
Median Rent
$995
9.5% YoY Growth
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
$995
9.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Andover, NY

Andover, NY lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$133,0006.2%
Single Family $133,0005.6%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
    • 2 Bed
    $121,000
    7.1%
    3 Bed
    		$148,0008.8%
    4 Bed
    		$140,0005.3%
    5 Bed N/AN/A
    Loading chart...

    % of Housing Stock

    Studio
    0.6%
    1 Bedroom
    5.9%
    2 Bedrooms
    21.2%
    3 Bedrooms
    47.1%
    4 Bedrooms
    17.6%
    5+ Bedrooms
    7.5%

    Rental Trends — Andover, NY

    As of July '25, Rentcast reports the average rent in Andover, NY is $995, with a year-over-year rent change of -9.5%. Per bedroom, the median rent as of July '25 in Andover, NY is 3-bedrooms: $995. The most common rental property sizes in Andover, NY are 3-bedroom and 2-bedroom, accounting for 57.8% and 20.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$995$995
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent $995$995
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    6.7%
    2 Bedrooms
    20.0%
    3 Bedrooms
    57.8%
    4 Bedrooms
    9.6%
    5+ Bedrooms
    5.9%

    Property Listings — Andover, NY

    As of May '26, Realtor.com reports that the median days on market for a home in Andover, NY is 95. This is a increase of 61.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$60,000-37.0%
    Listing Count
    		7-22.0%
    Listings as % of Homes0.5%-22.0%
    Days on Market
    		9561.0%
    Loading chart...

    Demographics — Andover, NY

    As of the latest ACS Survey released in 2023, Andover, NY has a population of 2,130, which has increased by 5.8% over the past 5 years. Andover, NY is a moderately popular place for families, as children make up 23.3% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		2,1305.8%
    % Under 18
    		23.3%-3.3%
    % Seniors
    		20.2%17.4%
    % WFH
    		6.9%64.3%
    % w/ College Degree
    		22.6%37.8%
    Loading chart...

    As of the latest ACS Survey released in 2023, Andover, NY is a predominantly white area, with 97.6% of the population identifying as white. The white population has shrunk by 0.8% in the last 5 years. The second most common race or ethnicity in Andover, NY is hispanic, making up 0.7% of the population. Foreign-born residents account for 0.4% of the population in Andover, NY, and this percentage has decreased by 88.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		97.6%-0.8%
    % Black
    		0.0%N/A
    % Hispanic
    		0.7%133.3%
    % Asian
    		0.3%-70.0%
    % Foreign Born
    		0.4%-88.9%
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    Mortgage and Risk — Andover, NY

    According to HUD data as of 2023, there were 39 mortgage originations in Andover, NY, of which 92.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 28.0% above 90% LTV (very high). This implies large mortgage risk in Andover, NY. Investor activity is low, as 0.0% of loans were by investors. 3.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		39
    % Conventional Loans
    		92.0%
    % Government Loans
    		8.0%
    % Investor Loans
    		0.0%
    % Second Loans
    		5.0%
    % Cash Out Refinance
    		3.0%
    Loading chart...
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    Rentals and Section 8 — Andover, NY

    Andover, NY lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$750
    2 BedroomN/AN/A$930
    3 Bedroom$175$995$1,170
    4 BedroomN/AN/A$1,380

    Affordability — Andover, NY

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.5
    Median Home Price$133,000
    Median Household Income$75,400

    Andover, NY — ZIP Code Boundary Map

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    Frequently Asked Questions