Foreclosure Homes in Andover, IL

Foreclosure Homes in Andover, IL

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

Top Reasons To Live In Andover, IL In 2023

Andover is located in Henry, Illinois, with an estimated municipal population of 572 residents. All of the best foreclosed homes for sale in Andover are located in the following zip code areas on Foreclosure.com: 61238 61262 61233. The estimated population per square kilometer (.62 miles) in Andover is 222.

Cost Of Living In Andover, IL

So, about how much do homes cost in Andover? The most recent median value of resident-owned homes in Andover is 113,020. An estimated 87.6 percent of households in Andover own their homes, with an average family size of 3.02. The median household income in Andover is 54,722, with18.9 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 28.6. And last, but certainly not least, are you looking for homes to rent in Andover? If so, the average rent price paid by renters in Andover is 732, according to recent statistics.

Diversity And Demographics In Andover, Illinois

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 43.2, split between 57.7 percent male versus 42.3 female. The percentage of residents who report being married in Andover is 63.2, with an average family size of 3.02.

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

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:

Best Schools In Andover, Illinois

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, Illinois

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, Illinois, In 2023

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.