Is Andover, NH 03216 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Andover is a balanced market. With about 5.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply5.5Under 4 months = seller’s market
Sold above original list14.3%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$194▼ −2.3% vs. last year

The Andover housing market right now

In the three months ending August 31, 2026, 14% of homes in Andover, NH 03216 sold above their list price, the typical home went under contract in 43 days and there were 5.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. With only 7 sales, these figures can swing a lot from month to month.

Compared with the same period a year earlier, the share selling over asking fell from 50%, homes sold more slowly (25 days then) and the median sale price fell 11% to $459,801. Overall, Andover is less competitive than a year ago, which gives buyers more room.

Within Merrimack County, homes here sell more slowly than in 58% of the county’s ZIP codes, and sell less often over asking than in 96%.

Nearby, buyers who want less competition could look at Wilmot 03287 (0% sold over asking), while North Sutton 03260 (100% sold over asking) and Danbury 03230 (75% sold over asking) are even more competitive.

Nearby markets

Bow 03304Seller’s market $279 /sq ftBradford 03221Balanced $337 /sq ftCanterbury 03224Balanced $245 /sq ftChichester 03258Seller’s market $271 /sq ft Browse all markets →

Where Andover is

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Questions about Andover real estate

Is Andover a buyer’s or seller’s market?

A balanced market: there were 5.5 months of supply in Andover, NH 03216 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 Andover?

The typical home went under contract in 43 days in the latest three months.

Do homes in Andover sell over asking?

14% of homes sold above their original list price, and the typical sale closed at 97.0% of the list price.

What are property taxes in Andover?

About 1.85% of a home’s value a year in Merrimack County, or roughly $7,400 on a $400,000 home.

What is the median home price in Andover?

The median sale price was $459,801 in the three months ending August 31, 2026, about $194 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