How much do homeowners pay a month in the Village of Andover, NY?
Homeowners with a mortgage in the Village of Andover, NY pay a median of $847 (±$90) a month in selected owner costs (2020–2024 American Community Survey).
Owners without a mortgage pay $469 (±$105).
49.1% of owned homes carry a mortgage.
In the Village of Andover, the median monthly cost with a mortgage went from $988 in 2015–2019 to $847 in 2020–2024 (−14.3%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Figures last updated on .
- With a mortgage
- $847 (±$90)
- Without a mortgage
- $469 (±$105)
- Owned with a mortgage
- 49.1%
Monthly owner costs in the Village of Andover
| Village of Andover | Allegany County | New York | United States | |
|---|---|---|---|---|
| With a mortgage | $847 (±$90) | $1,243 (±$36) | $2,555 (±$9) | $1,963 |
| Without a mortgage | $469 (±$105) | $545 (±$13) | $958 (±$5) | $638 |
| Owned homes with a mortgage | 49.1% (±12.2 points) | 42.8% (±1.9 points) | 57.8% (±0.2 points) | 60.6% |
| Median real estate taxes (a year) | $2,902 (±$442) | $2,968 (±$95) | $6,582 (±$21) | $3,119 |
Selected monthly owner costs are the mortgage payment, property taxes, insurance, utilities, fuels and any condominium or mobile-home fees.
In the Village of Andover, the median cost with a mortgage is lower than in Allegany County ($1,243).
It is also lower than in New York ($2,555).
It is lower than the national figure ($1,963).
In Allegany County, the Village of Andover ranks 10 of 10 places with a published estimate, from highest to lowest median monthly cost with a mortgage.
Statewide, it ranks 528 of 528.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How owner costs in the Village of Andover have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median owner cost with a mortgage | $988 (±$192) | $847 (±$90) | −14.3% | Down after inflation |
| Median real estate taxes | $2,202 (±$309) | $2,902 (±$442) | +31.8% | No measurable change after inflation |
| Median home value | $62,100 (±$5,507) | $72,000 (±$5,201) | +15.9% | 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 monthly cost with a mortgage in places near the Village of Andover
| Place | Distance | Median monthly cost with a mortgage | Compared with this place |
|---|---|---|---|
| Village of Andover | — | $847 (±$90) | — |
| Town of Andover | 0.9 mi | $870 (±$81) | Not measurably different |
| Town of Alfred | 5.3 mi | $1,460 (±$73) | Higher |
| Village of Alfred | 6.7 mi | $1,385 (±$49) | Higher |
| Town of Greenwood | 6.9 mi | $1,455 (±$203) | Higher |
| Town of Wellsville | 7.1 mi | $1,139 (±$104) | Higher |
| Town of Ward | 7.2 mi | $1,450 (±$313) | Higher |
| Town of Independence | 7.8 mi | $1,284 (±$180) | Higher |
| Village of Wellsville | 8.1 mi | $1,230 (±$113) | Higher |
Nearby places with a measurably higher figure: Town of Alfred, NY ($1,460), Village of Alfred, NY ($1,385), Town of Greenwood, NY ($1,455).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median monthly cost with a mortgage across Allegany County, place by place
| Rank | Place | Median monthly cost with a mortgage |
|---|---|---|
| 4 | Village of Wellsville | $1,230 (±$113) |
| 5 | Village of Cuba | $1,178 (±$84) |
| 6 | Village of Angelica | $1,148 (±$219) |
| 7 | Village of Belmont | $1,095 (±$102) |
| 8 | Village of Bolivar | $1,078 (±$186) |
| 9 | Village of Richburg | $1,063 (±$125) |
| 10 | Village of Andover | $847 (±$90) |
Showing 7 of 10 places in Allegany 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 Village of Andover
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 Village of Andover beside you.
Create a landlord account · See what landlords get
Looking for a place to rent?
Browse homes for rent near Village of Andover, 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 Village of Andover, and send estimates and invoices from your phone.
Questions about Village of Andover
What is the average mortgage payment in the Village of Andover?
The Census Bureau publishes total owner costs rather than the mortgage alone: the median for owners with a mortgage in the Village of Andover, NY is $847 (±$90) a month, including taxes, insurance and utilities.
How much does it cost to own a paid-off home in the Village of Andover?
Owners without a mortgage in the Village of Andover pay a median of $469 (±$105) a month in taxes, insurance, utilities and fees.
Has the cost of owning a home in the Village of Andover gone up?
In the Village of Andover, the median monthly cost with a mortgage went from $988 in 2015–2019 to $847 in 2020–2024 (−14.3%).
Prices (CPI-U) rose 22.7% over the same years, so it fell after inflation as well.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Andover village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2020–2024 ACS 5-year estimates — Andover village, New York
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Andover village, New York
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Andover village, New York
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Andover village, New York
- 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) and detailed tables (acs/acs5) for Andover village, New York (place:02143, in state:36).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25088_002E, B25088_002M, B25103_001E, B25103_001M, B25077_001E, B25077_001M from the 2019 release.
The API needs a free key.
DP04_0101E, DP04_0101M, DP04_0109E, DP04_0109M, DP04_0091PE, DP04_0091PM, B25103_001E, B25103_001M
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 the Village of Andover at a glance
- Renters and owners in the Village of Andover
- Income and affordability in the Village of Andover
- Home values in the Village of Andover
- Property taxes in the Village of Andover
- Types of homes in the Village of Andover
- Bedrooms in the Village of Andover
- Age of homes in the Village of Andover
- Heating fuel in the Village of Andover
- Commute and cars in the Village of Andover
- How long people stay in the Village of Andover
- New York landlord and tenant rules
- Housing across Allegany County
- Housing data for every place in New York