---
title: "Andover, MA v. North Andover, MA: April 2024 Real Estate Trends"
description: Andover, MA & North Andover, MA saw single-family home and condominium median prices rise in April 2024. That's where the similarities end. Learn more.
---

[Massachusetts Home Buyer Guide, First-time Homebuyer Tips, Advice MA ](https://info.buyersbrokersonly.com/blog)

# [Andover, MA v. North Andover, MA: April 2024 Real Estate Trends](https://info.buyersbrokersonly.com/blog/andover-ma-v.-north-andover-ma-april-2024-real-estate-trends)

 Written by [Rich Rosa](https://info.buyersbrokersonly.com/blog/author/rich-rosa) | May 30, 2024 9:15:37 PM

The cost of a single-family home in [Andover, Massachusetts](https://www.buyersbrokersonly.com/andover-ma-homes-for-sale), soared double digits during the first four months of the year, outpacing neighboring [North Andover, Massachusetts](https://www.buyersbrokersonly.com/north-andover-ma-homes-for-sale), according to a sales analysis by the Massachusetts Association of Realtors.

The median house price in Andover jumped 13 percent to more than $1 million from January through April, while prices in North Andover dipped nearly 5 percent to $764,000 year-over-year.

The [Essex County](https://www.buyersbrokersonly.com/essex-county) towns saw significant median price increases in April compared to April 2023. Andover home prices rose 12 percent to more than $949,000, while North Andover's median price jumped 18 percent to $945,000.

Unlike other Greater Boston real estate markets, the housing inventory in Andover and North Andover increased, a positive development for home buyers who could afford the pricey towns. Andover's single-family supply rose 22 percent in April, and 9 percent more [condominiums](https://info.buyersbrokersonly.com/12-condo-questions) were available compared to April 2023. North Andover had 14 percent more houses and 120 percent more condos.

[Despite the inventory improvement](https://info.buyersbrokersonly.com/home-listings), both towns only had a one- to two-month supply of homes. About five to six months of inventory is considered a balanced market for home buyers and sellers.

The following detailed data was compiled by MAR, comparing the Andover and North Andover real estate markets.

### Year-to-Date Data Comparison (January through April)

**Single-Family Properties**

- **Closed Sales** 
    - Andover: 40 in 2024, up from 36 in 2023 (+11.1 percent)
    - North Andover: 28 in 2024, down from 31 in 2023 (-9.7 percent)
- **Median Sales Price** 
    - Andover: $1,026,610 in 2024, up from $908,500 in 2023 (+13.0 percent)
    - North Andover: $764,000 in 2024, down from $799,900 in 2023 (-4.5 percent)
- **New Listings** 
    - Andover: 90 in 2024, up from 68 in 2023 (+32.4 percent)
    - North Andover: 52 in 2024, up from 51 in 2023 (+2.0 percent)
- **Percent of Original List Price Received** 
    - Andover: 100.1 percent in 2024, up from 99.5 percent in 2023 (+0.6 percent on average)
    - North Andover: 102.3 percent in 2024, up from 100.9 percent in 2023 (+1.4 percent on average)

**Condominium Properties**

- **Closed Sales** 
    - Andover: 16 in 2024, down from 22 in 2023 (-27.3 percent)
    - North Andover: 33 in 2024, down from 34 in 2023 (-2.9 percent)
- **Median Sales Price** 
    - Andover: $377,500 in 2024, up from $376,000 in 2023 (+0.4 percent)
    - North Andover: $430,000 in 2024, up from $402,300 in 2023 (+6.9 percent)
- **New Listings** 
    - Andover: 35 in 2024, up from 34 in 2023 (+2.9 percent)
    - North Andover: 49 in 2024, up from 40 in 2023 (+22.5 percent)
- **Percent of Original List Price Received** 
    - Andover: 102.4 percent in 2024, up from 101.8 percent in 2023 (+0.6 percent on average)
    - North Andover: 100.3 percent in 2024, down from 102.1 percent in 2023 (-1.8 percent on average)

### April Data Comparison

**Single-Family Properties**

- **Closed Sales** 
    - Andover: 10 in April 2024, down from 11 in April 2023 (-9.1 percent)
    - North Andover: 9 in April 2024, down from 11 in April 2023 (-18.2 percent)
- **Median Sales Price** 
    - Andover: $949,110 in April 2024, up from $847,000 in April 2023 (+12.1 percent)
    - North Andover: $945,000 in April 2024, up from $799,900 in April 2023 (+18.1 percent)
- **Percent of Original List Price Received** 
    - Andover: 106.4 percent in April 2024, up from 104.5 percent in April 2023 (+1.8 percent on average)
    - North Andover: 103.0 percent in April 2024, up from 100.8 percent in April 2023 (+2.2 percent on average)
- **Inventory of Homes for Sale** 
    - Andover: 33 in April 2024, up from 27 in April 2023 (+22.2 percent)
    - North Andover: 16 in April 2024, up from 14 in April 2023 (+14.3 percent)

**Condominium Properties**

- **Closed Sales** 
    - Andover: 7 in April 2024, up from 5 in April 2023 (+40.0 percent)
    - North Andover: 16 in April 2024, up from 5 in April 2023 (+220.0 percent)
- **Median Sales Price** 
    - Andover: $400,000 in April 2024, up from $285,000 in April 2023 (+40.4 percent)
    - North Andover: $430,000 in April 2024, up from $350,000 in April 2023 (+22.9 percent)
- **Percent of Original List Price Received** 
    - Andover: 100.3 percent in April 2024, down from 105.6 percent in April 2023 (-5.0 percent on average)
    - North Andover: 100.1 percent in April 2024, down from 102.5 percent in April 2023 (-2.3 percent on average)
- **Inventory of Homes for Sale** 
    - Andover: 12 in April 2024, up from 11 in April 2023 (+9.1 percent)
    - North Andover: 11 in April 2024, up from 5 in April 2023 (+120.0 percent)

For more real estate market data, visit the "[Real Estate Market](https://info.buyersbrokersonly.com/blog/topic/real-estate-market)" section of our blog. 

[View full post](https://info.buyersbrokersonly.com/blog/andover-ma-v.-north-andover-ma-april-2024-real-estate-trends)

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