What is the median home value in Andover Borough, NJ?
The median value of owner-occupied homes in Andover Borough, NJ is $400,000 (±$77,190), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Andover Borough, the median home value went from $282,100 in 2015–2019 to $400,000 in 2020–2024 (+41.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Figures last updated on .
- Median home value
- $400,000 (±$77,190)
- Owner-occupied homes
- 152 (±50)
- Most common range
- $300,000 to $499,999
Home values in Andover Borough
| Value | Andover Borough | Sussex County | New Jersey | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.0% (±25.2 points) | 2.7% | 2.5% | 5.3% |
| $50,000 to $99,999 | 0.0% (±25.2 points) | 1.1% | 1.8% | 6.1% |
| $100,000 to $149,999 | 0.0% (±25.2 points) | 2.1% | 2.2% | 6.8% |
| $150,000 to $199,999 | 4.6% (±8.0 points) | 4.5% | 4.3% | 9.0% |
| $200,000 to $299,999 | 22.4% (±11.8 points) | 20.4% | 12.9% | 17.8% |
| $300,000 to $499,999 | 48.7% (±15.8 points) | 48.8% | 34.2% | 26.9% |
| $500,000 to $999,999 | 24.3% (±22.3 points) | 18.8% | 34.5% | 20.9% |
| $1,000,000 or more | 0.0% (±25.2 points) | 1.7% | 7.6% | 7.1% |
The most common range is $300,000 to $499,999, 48.7% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Andover Borough against Sussex County, its state and the nation
| Andover Borough | Sussex County | New Jersey | United States | |
|---|---|---|---|---|
| Median home value | $400,000 (±$77,190) | $369,400 (±$4,606) | $454,400 (±$1,150) | $332,700 |
| Owner-occupied homes | 152 (±50) | 48,366 (±720) | 2,239,128 (±10,678) | 84,210,142 |
In Andover Borough, the median home value is not measurably different from Sussex County ($369,400).
It is not measurably different from New Jersey ($454,400).
It is not measurably different from the national figure ($332,700).
In Sussex County, Andover Borough ranks 7 of 23 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 340 of 561.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Andover Borough have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $282,100 (±$21,236) | $400,000 (±$77,190) | +41.8% | No measurable change after inflation |
| Median owner cost with a mortgage | $2,272 (±$130) | $2,469 (±$252) | +8.7% | Down after inflation |
| Median real estate taxes | $7,596 (±$838) | $8,214 (±$1,542) | +8.1% | No measurable change after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Andover Borough
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Andover Borough | — | $400,000 (±$77,190) | — |
| Byram Township | 2.4 mi | $389,900 (±$16,822) | Not measurably different |
| Andover Township | 2.9 mi | $413,000 (±$21,343) | Not measurably different |
| Green Township | 3.2 mi | $472,200 (±$43,441) | Not measurably different |
| Byram Center | 4.0 mi | $366,900 (±$15,596) | Not measurably different |
| Lake Mohawk | 4.2 mi | $441,700 (±$19,869) | Not measurably different |
| Newton Town | 4.6 mi | $302,700 (±$23,242) | Lower |
| Fredon Township | 4.7 mi | $457,600 (±$26,884) | Not measurably different |
| Hopatcong Borough | 4.9 mi | $340,700 (±$12,503) | Not measurably different |
Nearby places with a measurably lower figure: Newton Town, NJ ($302,700).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Sussex County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 1 | Lafayette Township | $490,200 (±$42,312) |
| 2 | Sparta Township | $484,200 (±$16,302) |
| 3 | Green Township | $472,200 (±$43,441) |
| 4 | Fredon Township | $457,600 (±$26,884) |
| 5 | Frankford Township | $418,400 (±$31,488) |
| 6 | Andover Township | $413,000 (±$21,343) |
| 7 | Andover Borough | $400,000 (±$77,190) |
| 8 | Byram Township | $389,900 (±$16,822) |
| 9 | Branchville Borough | $381,800 (±$31,301) |
| 10 | Stanhope Borough | $376,700 (±$36,365) |
| 11 | Wantage Township | $370,100 (±$13,389) |
| 12 | Hardyston Township | $360,400 (±$21,965) |
| 13 | Montague Township | $344,500 (±$26,148) |
Showing 13 of 23 places in Sussex County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Andover Borough
One account for renting, owning, managing and fixing homes, with these figures beside you.
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Andover Borough beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Andover Borough, save the ones you like and apply online.
Browse rentals · Create a renter account
Do repairs, renovations or maintenance?
Get found by owners and renters near Andover Borough, and send estimates and invoices from your phone.
Questions about Andover Borough
What is the average home value in Andover Borough, NJ?
The Census Bureau publishes the median: $400,000 (±$77,190) for owner-occupied homes in Andover Borough (2020–2024 American Community Survey).
Have home values in Andover Borough gone up?
In Andover Borough, the median home value went from $282,100 in 2015–2019 to $400,000 in 2020–2024 (+41.8%).
Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.
Is this what homes in Andover Borough sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Andover borough, Sussex County, New Jersey
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Andover borough, Sussex County, New Jersey
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Andover borough, Sussex County, New Jersey
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Andover borough, Sussex County, New Jersey
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Andover borough, Sussex County, New Jersey (county subdivision:01330, in state:34 county:037).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Andover Borough at a glance
- Median rent in Andover Borough
- Rent burden in Andover Borough
- Renters and owners in Andover Borough
- Income and affordability in Andover Borough
- Homeowner costs in Andover Borough
- Property taxes in Andover Borough
- Types of homes in Andover Borough
- Bedrooms in Andover Borough
- Age of homes in Andover Borough
- Heating fuel in Andover Borough
- Commute and cars in Andover Borough
- New Jersey landlord and tenant rules
- Housing across Sussex County
- New Jersey places ranked by median home value
- Housing data for every place in New Jersey