Andover, MA 1810 - Real Estate Investment Insights & Performance Data

Welcome to our 1810 real estate data hub, tailored for investors in Andover, MA. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.

Explore essential data such as home prices, rental rates, and appreciation trends specific to 1810 in Andover, MA. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ESSEX COUNTY.

Leverage our comprehensive, zip code-specific data to excel in Andover, MA real estate investing. Uncover the wealth of information available, and position yourself for success in the Andover property market.

• Location Overview

  • Zip Code: 1810
  • City: Andover
  • State: MA
  • Metro Area: Boston-Cambridge-Newton, MA-NH
  • County Name: ESSEX COUNTY

• Real Estate Market Snapshot

  • Average Home Price (All Types): $849,475
  • Average Home Price (Single Family Homes): $904,740
  • Average Monthly Rental Price (All Types): $2,700
  • Price-to-Rent Ratio: 26
  • Zillow Projected % appreciation from 4/2023-4/2024: -0.3%

• Section 8 Housing Insights

  • Average 2 Bedroom Section 8 Rental Rates: $2,350
  • Average 3 Bedroom Section 8 Rental Rates: $2,860
  • Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 30.12
  • Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 24.75
  • Number of Units Offered in Section 8 in the County: 7660
  • Number of Occupied Units in Section 8 in the County: 7423
  • Percentage of Section 8 Units Occupied in the County: 96.90000153%

• Historical & Recent Price Appreciation Rates

  • Total % Appreciation since 1990 (Government Data): 222.88
  • Total % Appreciation since 2000 (Government Data): 102.38
  • YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.2%
  • 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.2%
  • 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 28.21%
  • 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 33.41%
  • 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 64.47%
  • 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 67.54%
  • 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 75.12%

• Historical & Recent Rent Appreciation Rates

  • YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): 3.61%
  • 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 10.56%
  • 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): 28.63%
  • 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%