How Much Does An Average Home Cost in Andover?
Find out what it costs for an average home in Andover and neighboring communities.
You're probably not going to be shocked to hear this, but... Andover homes aren't the most expensive in the staet. But they're not especially cheap, either.
The average cost of a Andover home ranks it 21st in the state of Massachusetts.
In this year's edition of Coldwell Banker's national Home Listing Report, released Thursday, Nov. 29, the average price of a typical four bedroom, two bath home is listed at $292,152.
When it comes to Woburn, however, that price jumps to $671,743, which makes it the 21st most expensive home market in the Commonwealth.
This year’s report analyzes more than 72,000 home listings in more than 2,500 U.S. markets, comparing the listing prices of similar homes in markets across the country from January 2012 to June 2012, according to Coldwell Banker.
Perhaps not surprisingly, Weston soared to the top of the list in Massachusetts, with an averge cost of $1,105,692—it's a price tag that landed the commonweath community in the 14th spot when it comes to most expensive homes in the country.
| Rank in Massachusetts | Community | Average Price |
| 1 | Weston | $1,105,692 |
| 4 | Lexington | $878,958 |
| 9 | Winchester | $777,440 |
| 21 | Andover | $671,743 |
| 34 | Reading | $576,936 |
| 38 | Wilmington | $555,600 |
| 54 | Woburn | $496,350 |
| 65 | Stoneham | $432,919 |
| 82 | Billerica | $387,800 |
| 95 | Malden | $320,417 |
| 116* | Springfield | $136,405 |
Source: Coldwell Banker's Massachusetts Home Listing Report. *Communities in Massachusetts were ranked from 1 to 116 in the report.
Lisa Johnson Sevajian
8:36 pm on Tuesday, December 4, 2012
For the first time in a long time it is possible to find homes in town that are move in condition for around $300,000. Often this gets overlooked when we discuss the Andover market. We have plenty of luxury homes however we also have some very affordable entry level first time buyer friendly properties as well. It's an exciting time in our marketplace for many. Thanks for sharing !