in Andover, OH • 2026 Buying Guide
Best Month
January
$83K
Avoid
October
$173K
Potential Savings
$91K
52.3% difference
Market Type
Balanced
3.0 mo. supply
Even in a seller's market, condos require strategic timing. Focus on move-in ready presentation, as condo buyers often want turnkey living. Highlight low HOA fees, building amenities, and any recent assessments already paid.
Median Sale Price
$150K
N/A YoY
Days on Market
142
median days
Inventory
3
active listings
Sale-to-List Ratio
100.0%
room to negotiate
Jan
$83K
BestFeb
$97K
Mar
$100K
Apr
$129K
May
$86K
Jun
$118K
Jul
$114K
Aug
$113K
Sep
$117K
Oct
$173K
PeakNov
$139K
Dec
$116K
Based on historical sales data in Andover
Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
Pro Tip: With Andover's median price at $150K, a 20% down payment would be approximately $30K. Get pre-approved early to know exactly what you can afford.
Based on our analysis of Andover's housing market, January is typically the best time to buy a condo. During this month, prices average around $83K, which is 52.3% lower than peak prices in October. Condos often have a counter-cyclical market. While families focus on single-family homes during spring and summer, condo inventory can peak in fall and winter. This means less competition and more negotiating power for condo buyers during traditionally "slow" seasons.
The current median home price in Andover is $150K. Condo prices vary based on location, size, and condition. Year-over-year, prices have changed N/A. Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Andover has a balanced market. This means you have reasonable options without extreme competition. Take time to find the right condo but be prepared to move when you find it.
Key considerations for buying a condo in Andover include: Review at least 3 years of HOA meeting minutes for hidden issues; Check the reserve fund percentage (ideally 70%+ funded); Verify what insurance the HOA covers vs. what you need. Also watch for red flags like HOA with less than 50% reserves and Multiple units for sale in same building (could indicate problems).
Homes in Andover currently spend an average of 142 days on market. This suggests a slower market where you have more time to negotiate.
Some condos may not be FHA or VA approved - check early Non-warrantable condos require conventional financing with higher down payments With Andover's median price of $150K, you'll want to get pre-approved early to understand your budget.
Looking for the best time to buy a condo in Andover? Our analysis shows that January typically offers the best prices, with homes averaging around $83K. Buying during this time could save you up to $91K compared to peak months like October.
With a median price of $150K and homes spending an average of 142 days on market, Andover is currently a balanced market. There's currently 3.0 months of inventory available.
Condos typically appreciate more slowly than single-family homes but offer lower entry costs and maintenance. Location within the building matters - higher floors and better views command premiums.
Working with a local real estate agent who knows Andover can help you understand neighborhood dynamics, identify the best opportunities, and negotiate effectively in this market.
Connect with local agents who specialize in condos.