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Housing in Andover

A typical Andover home is worth roughly $196,000

Typical home value
$196K
IL $298K
Estimate
2-bedroom rent
$1,170
a month, utilities in · HUD
Median tax bill
$3,790
IL $5,298

What kind of housing town is Andover?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 2.9 years of income

Less than across Illinois (3.6 years). Try your own numbers below.

You could afford about
$231,000
Typical Andover home $196K

That covers a typical Andover home, with $35K to spare.

The typical home, each month
$1,340
Loan $970Tax $320Insurance $60

A two-bedroom rents for about $1,170 a month here, $170 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Andover’s typical property tax (1.93% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,170

Renters already here pay a median of $924, so moving in tends to cost more than staying put.

Fair Market Rent a month, utilities included

Studio$830
1 bedroom$950
2 bedrooms$1,170
3 bedrooms$1,530
4 bedrooms$1,860
18%
of households rent · IL 33%
35
renter households
$924
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Davenport-Moline-Rock Island, IA-IL MSA): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

83% of Andover households own their home

Half of Andover’s homes were built before 1964.

Owners and renters
Own 83%Rent 18%

Illinois: 67% own.

1964
typical home built · IL 1971
$3,790
median property tax bill · IL $5,298
1.93%
of a home’s value, a year in tax · IL 2.01%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Next door

Andover vs. its neighbors

Andover is the 2nd priciest of 4 neighboring towns. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Andover$196K*—$1,170$67,917
Cambridge$133K+3.9%$1,220$64,795
Clover$130K*—$950$60,893
Lynn$248K*—$990$77,500

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

On the market in Andover

Listed in the past 60 days. Each opens on the listing site.

Neighbors talk housing

What Andover buyers, sellers and renters are saying.

Town Square →
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Is Andover still affordable for young families?

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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