Comprehensive market data and analysis• Updated Oct 2026
4.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | 1 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | 1 |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 7 |
Acreage buckets
The median price for land in Andover, New Jersey is currently $42K per acre. For a typical parcel, the median sale price is $194K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $124K while premium lots reached $343K.
Andover, New Jersey is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Andover, New Jersey currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
There are currently 3 active listings in Andover, New Jersey. The median asking price is $225K.
The current absorption rate in Andover, New Jersey is 22.2% (3-month basis), indicating strong demand. The top-performing broker in this market is Signature Realty Nj.
Land in Andover, New Jersey typically sells within 153 days of listing. The median time on market is 153 days. Properties are moving slowly in the current seller's market.
The 3-month absorption rate in Andover, New Jersey is 22.2%. The 12-month rate is 11.1%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
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, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Andover on LandyDandy.
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