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There are 11,305 housing units in Andover. An estimated 79% of living spaces in the town are occupied by their owners, not by renters.
In Andover, 75% of non-rental housing carries a mortgage. In the town 19% of the housing has a mortgage beyond the initial new home purchase mortgage, such as a home equity loan or second mortgage.
Mortgage and interest rate quotes for the Andover area (or anywhere else you choose in the US) are available, without obligation or credit checks:
| Category | Value |
|---|---|
| Homes With No Mortgage | 25% |
| With A Mortgage | 75% |
| First Mortgage Only | 56% |
| Second Mortgage or Home Equity Loan | 19% |
| Second Mortgage Only | 6% |
| Home Equity Loan Only | 13% |
| Category | Value |
|---|---|
| Owner Costs as % of Income | 19.1% |
| Median Real Estate Taxes (2000) | $4,062 |
| Category | Value |
|---|---|
| Total Occupied | 11,305 |
| 1-Person Households | 22% |
| 2-Person Households | 30% |
| 3-Person Households | 17% |
| 4-Person Households | 20% |
| 5-Person Households | 9% |
| 6-Person Households | 2% |
| 7+-Person Households | 1% |
| Category | Value |
|---|---|
| Median Year Built | 1963 |
| Median Year Built (Owner Occupied) | 1965 |
| Median Year Built (Renter Occupied) | 1944 |
| Category | Value |
|---|---|
| Using Utility Co. Gas Heat | 53% |
| Using Bottled/Tank Gas Heat | 2% |
| Using Electric Heat | 6% |
| Using Oil Heat | 39% |
| Using Coal | 0% |
| Using Wood Heating | 0% |
| Using Solar Heat | 0% |
| Other Heating | 0% |
| No Heating | 0% |
| Category | Value |
|---|---|
| No Bedrooms | 0% |
| 1 Bedroom | 3% |
| 2 Bedrooms | 10% |
| 3 Bedrooms | 33% |
| 4 Bedrooms | 44% |
| 5+ Bedrooms | 9% |
Rate quotes from multiple lenders for the Andover area:
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Moving Traffic, Inc., operator of CityTownInfo.com, is not a broker or a lender, and all offers for loans or mortgages found on this site are made solely by the advertiser.