Andover Real Estate Market Report2025 Market Analysis
Discover what's happening in Andover's real estate market with this comprehensive 2025 analysis from Cheryl Towey, your trusted Weichert Realtors professional. Nestled in the scenic highlands of Sussex County, Andover combines lakeside tranquility with convenient access to major highways. Whether you're considering purchasing your first home or selling your current property, this report provides the insights you need to make informed decisions.
Current Market Overview
The Andover real estate market in 2025 reflects a healthy balance between buyer opportunity and seller advantage. With median home prices hovering around $425,000, the area remains more affordable than neighboring Byram Township while offering exceptional value for the lifestyle it provides. Properties typically spend 28-35 days on market, indicating steady demand without the frenzied pace seen in some North Jersey markets.
Year-over-year appreciation of approximately 4.2% demonstrates consistent growth that rewards homeowners while keeping the market accessible for new buyers. The current inventory of 45-55 active listings provides reasonable selection across price points, from starter homes in the mid-$200,000s to luxury lakefront properties exceeding $800,000.
Andover's appeal stems from its dual nature: Andover Township offers expansive lots and rural character perfect for those seeking space, while Andover Borough provides a charming downtown experience with local shops and restaurants within walking distance. This diversity attracts everyone from young families to retirees seeking a peaceful yet connected lifestyle.
Neighborhood Highlights
Lake Iliff
Lakefront living with private beach access and recreational amenities
Andover Borough
Historic downtown charm with walkable shops and restaurants
Andover Township
Spacious lots with mountain views and rural character
Lake Iliff stands out as one of Andover's premier neighborhoods, offering waterfront living with private beach access, boating, and fishing opportunities. Homes here command premium prices but deliver an unmatched lifestyle for outdoor enthusiasts and families seeking summer recreation steps from their door.
Throughout Andover Township, you'll find properties ranging from cozy ranches on wooded lots to sprawling custom homes with mountain views and acreage. Many homes feature well water and septic systems, appealing to buyers who value self-sufficiency and lower utility costs. The area's natural beauty, including proximity to Kittatinny Valley State Park, adds lasting appeal for nature lovers and outdoor recreation enthusiasts.
Andover Schools: Education in a Community Setting
Byram Lakes Elementary
STEM Programs
Hillside Elementary
Arts Integration
Lenape Valley Regional
College Prep & Vocational
Andover students benefit from the smaller class sizes and community-focused approach typical of Sussex County schools. Elementary students attend either Byram Lakes or Hillside Elementary, both offering strong foundational programs with student-teacher ratios that allow for individualized attention.
Lenape Valley Regional High School serves students from Andover and surrounding communities, providing both college preparatory and vocational tracks. The school's location offers students a tight-knit experience while still providing diverse extracurricular activities, sports programs, and academic opportunities.
For families considering private education, several options exist within a reasonable commute, including Blair Academy in Blairstown and various parochial schools in the region. The balance of quality public education with accessible private alternatives gives Andover families flexibility in their children's educational journey.
What It's Like to Live in Andover
Living in Andover means embracing a lifestyle where nature and community take center stage. Residents enjoy a slower pace compared to urban areas, yet remain connected via Routes 206 and 80 to employment centers throughout New Jersey and New York. The average commute to Newark is approximately 50 minutes, while many residents find employment closer to home in the growing Sussex County job market.
The community hosts several annual events that bring neighbors together, including summer concerts, holiday celebrations, and the popular farmers market season. Andover Borough's downtown offers local dining, antique shops, and community gathering spots that foster the small-town connections many families seek.
Outdoor recreation defines much of Andover life. Kittatinny Valley State Park provides miles of hiking and biking trails, while numerous lakes offer swimming, fishing, and boating throughout the warmer months. Winter brings opportunities for cross-country skiing and ice fishing, ensuring year-round appeal for active families.
Property taxes in Andover, while a consideration like anywhere in New Jersey, reflect the value of maintaining quality schools and community services. Many homeowners find the trade-off worthwhile given the quality of life, safety, and natural beauty the area provides.
Insights for Buyers and Sellers
For Buyers
- •Consider properties during late fall and winter when competition typically decreases
- •Well and septic inspections are essential—budget accordingly
- •Lake community homes often include HOA fees covering beach and recreation access
- •Act promptly on well-priced homes—Andover's market moves steadily
For Sellers
- •Spring listings benefit from showcasing outdoor spaces and lake access
- •Pre-inspections of well and septic can prevent deal delays
- •Highlight proximity to parks and recreational opportunities
- •Competitive pricing remains key—overpriced homes linger in this market
Explore Nearby Market Reports
Considering other communities in Northwest New Jersey? Compare market trends across the region to find your perfect fit.
Partner with Cheryl Towey for Andover Real Estate
Whether you're buying your first home, upgrading to lake living, or selling your Andover property, I provide the local expertise and personalized guidance you deserve. Contact me for a detailed market analysis specific to your neighborhood or property type.