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Housing in Andover

A typical Andover home is worth roughly $168,000

Builders were permitted 2 new homes in 2025.

Typical home value
$168K
ME $416K
Estimate
2-bedroom rent
$1,150
a month, utilities in · HUD
Median tax bill
$1,513
ME $3,036

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 3.4 years of income

Less than across Maine (5.6 years). Try your own numbers below.

You could afford about
$195,000
Typical Andover home $168K

That covers a typical Andover home, with $26K to spare.

The typical home, each month
$1,010
Loan $830Tax $130Insurance $50

A two-bedroom rents for about $1,150 a month here, $140 more 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 (0.90% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

1 of Andover’s houses are on the National Register

Half of Andover’s homes were built before 1976.

History →
Owners and renters
Own 98%Rent 2%

Maine: 74% own.

1976
typical home built · ME 1977
$1,513
median property tax bill · ME $3,036
0.90%
of a home’s value, a year in tax · ME 1.02%
45%
of homes are seasonal or vacation homes
Historic houses in Andover

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

Renting

A two-bedroom rents for about $1,150

Fair Market Rent a month, utilities included

Studio$790
1 bedroom$880
2 bedrooms$1,150
3 bedrooms$1,600
4 bedrooms$1,930
2%
of households rent · ME 26%
5
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Oxford County, ME): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

New construction

2 new homes permitted in 2025

Builders were permitted 2 new homes in Andover in 2025, all single-family houses. Over the past 10 years, Andover has permitted 135 homes in all.

Single-family
050100150 200020052010201520202025
2
new homes permitted in 2025
1
2026 so far (Jan–Aug)
135
homes in the past 10 years
Homes vs. people, 2010–2020
Residents−69
New homes+30

Between the 2010 and 2020 censuses, Andover's population fell by 69 even though 30 new homes were permitted. Homes are holding fewer people: households are getting smaller, or more homes are used part of the year. 45% of Andover's homes are seasonal or vacation homes, which adds housing without adding residents. Across Maine: 0.9 new residents per new home.

Every year as a table
YearNew homesSingle-family2+ per buildingValue
2026 (Jan–Aug)110$311,000
2025220$622,000
2024000—
2023220$601,000
2022440$1.1 million
2021770$1.8 million
20201021020$25.3 million
2019550$188,000
2018550$188,000
2017440$150,000
2016440$150,000
2015770$187,000
2014000—
2013000—
2012000—
2011000—
2010550$422,000
2009550$422,000
2008770$591,000
200714140$661,000
2006550$475,000
2005770$230,000
200417170$1.1 million
2003660$265,000
2002330$167,000
2001440$172,000
2000220$150,000

Homes authorized by building permits, counted in the year the permit was issued. U.S. Census Bureau, Building Permits Survey.

Next door

Andover vs. its neighbors

The towns that share a border with Andover. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentNew homes 2025Median income
Andover$168K*—$1,1502$49,922
Roxbury——$1,1201$51,667
Newry$529K+0.2%$1,63013$67,000

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.

Neighbors talk housing

What Andover buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Andover still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

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. New homes: U.S. Census Bureau, Building Permits Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Historic houses: National Register of Historic Places. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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