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Andover, FL Real Estate


According to census data in the year 2000 there were 3,979 housing units in Andover. This represents a 30.1% growth from 3,058 in 1990.

Of those housing units, 3,979 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Andover is about 48%. Andover's vacancy rate, including seasonal lodging, is about 11.1%. Average household size is 2.45 people.

The majority of houses, apartments or condos in Andover were built after 1977.

Statistics

Housing Size

Housing Units by Size
Studio Type6.30%
One Bedroom35.20%
Two Bedrooms33.70%
Three Bedrooms19.80%
Four Bedrooms4.10%
Five Bedrooms or more0.90%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.66
Median year structure was built1970
Median Value of occupied units$116,700

Rented Homes, Apartments and Condos

Average Household Size2.24
Median year structure was built1985
Median Monthly Rent asked for vacant units$630

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.80%
Second Mortgage8.40%
Home Equity Loan4.50%
Simple Mortgage73.20%
Debt Free12%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs24.2%