Real Estate Investing in North Andover, Massachusetts

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 31,881 • Essex County

☆ Watch this market Free account

Should you buy in North Andover, MA? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (61/100)

Mixed — home prices are stretched relative to local incomes. Run the math on your specific situation.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.

What’s happening in North Andover, MA?

Click any question — our AI will research it live from the web and show you sources.

✨ Live AI + Web Search
Want to ask your own questions? Upgrade to Pro for unlimited custom queries.
3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.1% 5yr CAGR

1.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $820,591
Avg Monthly Rent $2,851
ZIP Codes 1

Investing in North Andover Real Estate

Across North Andover's 1 ZIPs, the picture is sluggish: $821K median values, $2,851/mo rents, and a population that has faced real economic pressure.

North Andover is the kind of market where the cap rate on paper and the cap rate realized tend to diverge. decisively out-of-state investors should be especially careful with the assumptions they carry in.

Transaction volume in North Andover has thinned in a way that amplifies price discovery risk. Meanwhile, investors without local context should treat every number on the page with skepticism.

Demographics in North Andover show real pressure — median income of $N/AK is subdued relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
Open the Market Finder →
Free to search · investor plans from $19/mo

Best ZIP codes in Boston-Cambridge-Newton, MA-NH

North Andover is part of this metro. Every ZIP in it, ranked. Free.

Cash Flow → Appreciation → Affordable →

Landlord Ground Truth

Real numbers from people who own or manage rentals in North Andover, MA. Anonymous, moderated, never written by AI.

Do you own or manage rentals in North Andover, MA?

~25 seconds · no account needed · your report is anonymous

Property managers serving Essex County

Manage rentals here? List your business →

MRS Property Management offers full-service property management and tenant placement for apartments, houses, and commercial rentals across the North Shore area and Southern New Hampshire. summary from their website

Single-familySmall multifamilyCommercial
Unclaimed — is this your business? Claim it free

CNR Property Management provides expert property management and maintenance solutions. summary from their website

Unclaimed — is this your business? Claim it free

This domain is for sale for $2,295 or monthly payments. summary from their website

Unclaimed — is this your business? Claim it free

Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$820,591
Avg Monthly Rent
$2,851
1% Rule
✗ Below
Landlord Friendly (MA)

🎓 Colleges & Universities in North Andover

3 Colleges 6,359 Students
C+
Merrimack College
4-Year Private · 5,688 students
C
New England Tractor Trailer Training School of Massachusetts
Vocational For-Profit · 527 students
D
Spa Tech Institute-North Andover
Vocational For-Profit · 144 students

ZIP Codes in North Andover, MA

Screen every ZIP in North Andover

Filter North Andover’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

View Plans

Frequently Asked Questions About North Andover, MA

How does North Andover, MA stack up for property investment?

With a 3.0/5 investability score, North Andover, MA ranks as a solid market for rental property investors. Median prices of $821K and rents of $2,851/mo drive the underlying numbers.

What do rentals go for in North Andover, MA?

Rents in North Andover, MA run near $2,851/mo. Compared with median home prices of $821K that produces solid gross yields for typical rentals.

Where do home prices stand in North Andover, MA?

Expect median prices around $821K in North Andover, MA. The market has run at a 0.0% 5-year CAGR, so entry costs have been even-keeled.

What is the rental occupancy rate in North Andover, MA?

Expect elevated vacancy in North Andover, MA. Rents at $2,851/mo are absorbed by the tenant base without meaningful lag.

What approach is best for North Andover, MA real estate?

For North Andover, MA, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.

Community Ratings

What people who’ve spent time here actually say. Not paid reviews.

Be the first to rate North Andover, MA.

It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.