Andover, MA

Key Performance Metrics

Market snapshot

Performance indicators for the Andover short-term rental market based on reliable data.

Listings

40 / 168

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$31,654

Middle-Earners Revenue

Occupancy

55%

Middle-Earners Occupancy

Home Value

$952,748

Median Home Sale Price

Top Earners

$74,374

Top-Earners Revenue

Andover

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Andover.

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Unfriendly to Investors

Andover Regulations

Andover explicitly prohibits short‑term rentals, rendering them illegal and creating high legal risk and compliance burdens that deter investors.

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About Andover

Andover is a town in Essex County, Massachusetts, United States. It was settled in 1642 and incorporated in 1646. At the 2020 census, the population was 36,569. It is located 20 miles (32 km) north of Boston and 4 miles (6.4 km) south of Lawrence. Part of the town comprises the census-designated place of Andover. It is twinned with its namesake: Andover, Hampshire, England.

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