Is North Andover, MA 01845 a buyer’s or seller’s market?
North Andover is a seller’s market. With about 1.5 months of supply and 62% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 97% of U.S. ZIP codes, and #27 of 362 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The North Andover housing market right now
In the three months ending August 31, 2026, 62% of homes in North Andover, MA 01845 sold above their list price, the typical home went under contract in 20 days and there were 1.5 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 102 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (60% then), homes sold about as fast and the median sale price fell 4% to $774,665. Overall, North Andover is about as competitive as it was a year ago.
Within Essex County, homes here sell faster than in 90% of the county’s ZIP codes, and sell more often over asking than in 73%. On our competition score, North Andover ranks #27 of 362 MA ZIP codes with enough sales (score 92 out of 100).
Nearby, buyers who want less competition could look at Nahant 01908 (0% sold over asking) or Lynn 01901 (0% sold over asking), while Groveland 01834 (74% sold over asking) and Wenham 01984 (71% sold over asking) are even more competitive.
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Nearby markets
Amesbury 01913Seller’s market $385 /sq ftAndover 01810Seller’s market $412 /sq ftBeverly 01915Seller’s market $475 /sq ftBoxford 01921Seller’s market $357 /sq ft Browse all markets →Towns like North Andover nearby
Find towns like North Andover in other states →Where North Andover is
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Questions about North Andover real estate
Is North Andover a buyer’s or seller’s market?
A seller’s market: there were 1.5 months of supply in North Andover, MA 01845 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in North Andover?
The typical home went under contract in 20 days in the latest three months.
Do homes in North Andover sell over asking?
62% of homes sold above their original list price, and the typical sale closed at 103.5% of the list price.
What are property taxes in North Andover?
About 1.04% of a home’s value a year in Essex County, or roughly $4,160 on a $400,000 home.
What is the median home price in North Andover?
The median sale price was $774,665 in the three months ending August 31, 2026, about $367 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology