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Is Andover, CT 06232 a buyer’s or seller’s market?

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

Andover is a balanced market. With about 4 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply4Under 4 months = seller’s market
Sold above original list50%Share of sales, last 3 months
Median sale-to-list102.6%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$249▲ +7.7% vs. last year

The Andover housing market right now

In the three months ending August 31, 2026, 50% of homes in Andover, CT 06232 sold above their list price, the typical home went under contract in 9 days and there were 4 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 4 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 75%, homes sold faster (28 days then) and the median sale price rose 37% to $571,253. Overall, Andover is less competitive than a year ago, which gives buyers more room.

Within Tolland County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.

Nearby, Bolton 06043 (82% sold over asking) and Amston 06231 (82% sold over asking) are even more competitive.

Run the numbers for 06232

Prefilled for 06232Can I win this house?Multiple-offer likelihood for a listing Prefilled for 06232Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Amston 06231Seller’s market $255 /sq ftBolton 06043Seller’s market $257 /sq ftColumbia 06237Seller’s market $243 /sq ftCoventry 06238Seller’s market $244 /sq ft Browse all markets →

Towns like Andover nearby

Find towns like Andover in other states →
North Stonington, CT06359 · 32 miles away96% similarlarger Barkhamsted, CT06063 · 31 miles away94% similarVery close on income, prices and more West Suffield, CT06093 · 27 miles away90% similaryounger residents New Hartford, CT06057 · 34 miles away90% similarlarger

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 4 months of supply in Andover, CT 06232 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 9 days in the latest three months.

Do homes in Andover sell over asking?

50% of homes sold above their original list price, and the typical sale closed at 102.6% of the list price.

What is the median home price in Andover?

The median sale price was $571,253 in the three months ending August 31, 2026, about $249 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