Hanover Real Estate Market

Hanover Market

The median sale price for homes in Hanover over the last 12 months is $210,000.


The median mortgage debt is $169,174.

Additional Statistics for Single Family Homes and Condos in Hanover, MN
$215,180
Median Listing Price
59
Median Days on Market
18
Active Listings
33.3%
Distressed Listings
(foreclosures and short sales)
Hanover, MN Price Trends - Sold vs. Listed
The median list price in May for single family homes in Hanover is $214,900.

The price per square foot for listings in this area is $97.

The median sale price in January for single family homes is $417,303. The sale prices increased by 103.56% from the previous month.

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Hanover, MN Market Inventory Trends

The number of active listings in Hanover dropped by 10.5% from the previous month.

The median number of days active properties have been listed is 46. This is significantly shorter than the national average.

The number of sales in January dropped by 50% from the previous month.

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Hanover, MN Property Ownership

The percent of unoccupied properties is very low in Hanover. It is -10.24% below the national average.

The percent of owner occupied properties in Hanover is 25.89% above the national average.

The percent of rental properties in Hanover is 12.84% below the national average.

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