What buying in North Andover looks like right now
As of May 2026, and these numbers are estimated, North Andover has a median sale price of about $750,000, a typical range of $600,000 to $950,000, and homes spending around 26 days on market. That is a balanced market. Good homes still get multiple offers, but bidding wars are less common than in the faster markets nearby.
For a buyer that means two things. You have time to see a home twice and bring your inspector. And you still need a real offer, because a well-priced colonial or a clean condo will be under agreement within a few weeks.
Where the price ranges come from
The spread in North Andover is about location and age of the home more than anything else.
Condominiums and townhomes along Route 114 and its side streets are usually the lowest entry point. They come with monthly fees and association rules, so read the documents.
Colonials and capes in the subdivisions built from the 1980s through the 2000s make up the middle of the market. Named neighborhoods such as Forest View Estates and Carter Field are examples. Expect the usual questions on roof age, heating system and septic or sewer.
Older homes around the Old Center, the Common and Machine Shop Village carry the most character and the most variables. Some have been fully renovated. Others need work on systems, windows and insulation. Price follows condition closely.
Homes near Lake Cochichewick sit inside the town's watershed protection overlay district, which limits what can be built or changed. Ask about it before planning an addition or a pool.
Financing notes for Massachusetts buyers
MassHousing, the state's housing finance agency, offers mortgage loans with down payment assistance for eligible buyers through its network of lenders. Whether you qualify depends on your income and the purchase price, so talk to a lender early.
Sellers in North Andover expect a full pre-approval letter with an offer. If you are using a MassHousing loan or an FHA loan, tell us at the start so we can plan the offer around the appraisal and inspection timelines those loans carry.
Inspections and offers for this housing stock
On an older home, plan for a full home inspection plus a radon test and, if the house has one, a septic inspection. Wood-burning fireplaces and old oil tanks are worth a closer look. For a condo, the inspection is lighter but the association review matters more.
In a balanced market, our offers in North Andover usually keep the inspection contingency and use the timeline, the deposit and a clean financing picture to compete. Escalation clauses come out only when a specific home draws a crowd.
Why Liriano Realty for North Andover
Liriano Realty is a bilingual brokerage at 240 Pleasant St Unit: 10, Methuen, MA 01844, minutes from North Andover on Route 114 or Route 125. Broker and owner Jefri Liriano and the team show homes here every week and know which subdivisions, condo associations and older streets tend to bring surprises at inspection.
We work in English and Spanish and stay on the phone with you, the lender and the attorney until you have the keys.
Start here
Read the North Andover hub for an overview of the town and its neighborhoods. If you own a home you will need to sell first, our North Andover seller guide explains timing. Then contact Liriano Realty or call (617) 685-1515 to get started.