North Andover Housing Market: September 2026

The North Andover, MA housing market presented mixed signals in September 2026. Median sale prices increased and homes continued selling above asking price, but properties took longer to attract offers and available inventory expanded significantly. Unlike Andover, where several indicators point toward moderating prices, North Andover’s September figures suggest a more uneven market. Buyers appear to have more choices and time to evaluate properties, yet competition remains strong among the homes that successfully sell.

September 2026 North Andover Housing Market Snapshot

North Andover recorded 18 single-family home sales in September, with a median sale price of $1.05 million and a median price per square foot of $373. Homes received an offer in a median of 13.5 days and spent 26.5 days on market.

Despite longer selling timelines, the median sale-to-list ratio reached 111%, indicating that the typical completed transaction sold substantially above its asking price. As of October 12, North Andover had 40 active homes for sale, representing 2.7 months of housing supply. Both inventory and on market time increased from August.

North Andover Housing Market Trends: July Through September

North Andover’s transaction volume has remained remarkably consistent. The town recorded 19 closed sales in July, followed by 18 in both August and September. However, the pace of sales changed considerably.

Median days to offer increased from 7 in August to 13.5 in September, while median days on market rose from 20.5 to 26.5 days. Inventory also expanded from 29 active homes last month to 40 this month (September 10 vs October 12), an increase of approximately 38%. Housing supply rose from 2.0 to 2.7 months.

Pricing tells a different story. The median sale price increased from $970,000 in August to $1.05 million in September, although it remained below June’s $1.20 million. Meanwhile, median sale price per square foot declined from $392 in July to $390 in August and $373 in September. The increase in median sale price, despite declining prices per square foot, suggests that differences in the size and mix of homes sold may be contributing to the higher headline price.

Interestingly, the median sale-to-list ratio increased from 102% in August to 111% in September, even as homes took longer to attract offers and inventory expanded. This contrast suggests that competition persisted among September’s completed sales despite the broader slowdown in marketing times. It also reinforces the importance of evaluating individual properties and nearby comparable sales to see the dynamics in the neighborhood vs the town or region as a whole.

What September Means for North Andover Home Buyers

The increase in available inventory may be September’s most encouraging development for Buyers. More homes on the market, combined with longer offer timelines, can provide additional opportunities for North Andover buyers to compare properties, schedule showings, and evaluate asking prices. This is a shift from earlier in the year where buyers may have been had to decide to make and offer very quickly or risk missing out. The September update indicates that there may now be time for buyers to view homes multiple times prior to making an offer. Explore current homes for sale in North Andover, MA to see how available properties compare.

What September Means for North Andover Home Sellers

While some North Andover sellers continue to benefit from strong competition, September highlights changing expectations for the wider North Andover single family housing market. With inventory increasing and homes taking longer to attract offers, North Andover sellers may need to allow more time for marketing and price strategically based on competing listings.

North Andover sellers continue to benefit from evidence of strong competition, but September’s figures also point toward changing expectations. The 111% median sale-to-list ratio is encouraging, yet the increase in inventory and longer offer timelines suggest that sellers should not assume every property will receive immediate offers above asking price which was common earlier in the year.

With 40 active homes available as of October 12, sellers should evaluate how their property compares with competing nearby listings, particularly those in a similar price and size range. Pricing should reflect recent comparable sales, property condition, and current competition.

Looking Ahead at the North Andover Housing Market

If inventory continues to increase and marketing times remain elevated, buyers could gain additional flexibility as the fall market progresses. At the same time, stable transaction activity and strong sale-to-list performance suggest that demand has not disappeared.

The key question is whether greater inventory will eventually reduce competition and pricing pressure, or whether buyer activity will be sufficient to absorb the additional homes.

To see how this month fits the bigger picture, the North Andover MA real estate market report tracks sold prices, price-to-list and time on market for every home type, updated monthly.

Have Questions About Your North Andover Home?

Whether you’re evaluating a home purchase or considering selling, town-wide averages are only part of the picture. I can help you review recent comparable sales, evaluate current competition, and build a strategy specific to your property or search. Connect with me here.

More North Andover MA market updates

Source: MLS PIN single-family housing data for North Andover, MA, June 1–September 30, 2026. Active inventory as of October 12, 2026. Prices and marketing times shown are medians unless otherwise noted.

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