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Commercial Foreclosure in Andover, IA

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Main-st-Andover-IA-52701
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Andover, IA 52701

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Home Value Estimator For Andover, IA

There are currently 20 real estate properties in Andover, IA, with a median automated valuation model (AVM) price of $103,400.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Andover, IA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Andover, IA, is $240,300.00, with the most expensive house in Andover, IA, topping out at $2,607,100.00 and the cheapest home in Andover, IA, clocking in at $46,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Andover, IA!


Rent Prices In Andover, IA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Andover, IA, is on a rollercoaster ride. The average rent price in Andover, IA, is $1,567.00. Indeed, when looking to rent in Andover, IA, you can expect to pay as little as $920.00 or as much as $3,080.00, with the average rent median estimated to be $1,230.00. The good news is that finding an affordable and desirable property to rent in Andover, IA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Andover, IA

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Andover, IA area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Andover, IA and much more. Save thousands at closing with home foreclosure listings in Andover, IA — up to 75% off market value!


Top Reasons To Live In Andover, IA In 2021

Andover is located in Clinton, Iowa, with an estimated municipal population of 98 residents. All of the best foreclosed homes for sale in Andover are located in the following zip code areas on Foreclosure.com: 52701. The estimated population per square kilometer (.62 miles) in Andover is 197.


Cost Of Living In Andover, IA

So, about how much do homes cost in Andover? The most recent median value of resident-owned homes in Andover is 93,988. An estimated 89.4 percent of households in Andover own their homes, with an average family size of 2.78. The median household income in Andover is 60,156, with12.8 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Andover, the median commute time of resident workers (in minutes) is 16.9.


Diversity And Demographics In Andover, Iowa

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Andover, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Andover is 30.9, split between 45.7 percent male versus 54.3 female. The percentage of residents who report being married in Andover is 67, with an average family size of 2.78.

The percentage of residents who report their race in Andover is as follows:

White 97.6%
Black / African American 0%
Asian 0%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 2.4%
Other 0%

Looking for family-friendly neighborhoods in and/or near Andover? Or maybe you are searching for 55+ active adult communities in and/or near Andover?

The percentage of residents who report their age in Andover is as follows:

Under 10 16.5%
Aged 10-19 18.8%
20s 8.7%
30s 11%
40s 15%
50s 15.8%
60s 10.2%
70s 2.4%
80+ 1.6%

Best Schools In Andover, Iowa

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Andover with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Andover.


Pros And Cons Of Living In Andover, Iowa

How do you know that living in -- or moving to -- Andover is right where you need to be? Perhaps you grew up in Andover or already live nearby; therefore, the decision to buy a home in Andover is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Andover for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Andover:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Andover.


Reasons To Move To Andover, Iowa, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Andover can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Andover, meanwhile, can field multiple offers from more qualified buyers.

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Listing types in Andover, IA

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