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Andover, Maine Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
2
Sold (12M)
4
Median Price
$80K
Market Condition
Balanced Market

Andover, Maine Market Meter

Buyer'sSeller's
Balanced Market

6.0 months of supply

Market conditions are relatively balanced between buyers and sellers.

Market Overview

Median Price
$80K
Avg Price/Acre
$6K
Avg Days on Market
54
Months of Supply
6.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres----
1-2 acres----
2-5 acres--11
5-10 acres----
10-20 acres--12
20-50 acres-111
50-100 acres----
100+ acres----
TOTAL0134
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
2-5 acres1 sold / 0 listed
10-20 acres2 sold / 2 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$65K$129K
2- 5
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$362K
Last 12 months
Active Listings
2
Current inventory
Avg Days on Market
54
Time to sell
Price Trend (YoY)
-
Year over year

Andover, Maine Land Market Analysis

How much is land worth in Andover, Maine?

The median price for land in Andover, Maine is currently $6K per acre. For a typical parcel, the median sale price is $80K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $73K while premium lots reached $116K.

Is now a good time to buy land in Andover, Maine?

Andover, Maine is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.

What is the months of supply for land in Andover, Maine?

Andover, Maine currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.

How long does it take to sell land in Andover, Maine?

Land in Andover, Maine typically sells within 54 days of listing. The median time on market is 53 days. Properties are moving quickly in the current balanced market.

What is the total land for sale in Andover, Maine?

There are currently 2 active listings in Andover, Maine. The median asking price is $81K.

Is now a good time to invest in land in Andover, Maine?

The current absorption rate in Andover, Maine is 16.7% (3-month basis), indicating strong demand. The top-performing broker in this market is Bearfoot Realty.

What is the total amount sold in Andover, Maine last year?

Over the past 12 months, Andover, Maine saw 4 properties sold, totaling $362K in sales volume. In just the last 3 months, 1 properties changed hands.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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