Hanover, IN Housing Market
The Hanover housing market is somewhat competitive. The median sale price of a home in Hanover was $230K last month, up 24.4% since last year. The median sale price per square foot in Hanover is $161, down 20.7% since last year.
Hanover Housing Market Trends
In June 2025, Hanover home prices were up 24.4% compared to last year, selling for a median price of $230K.
since last year
since last year

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How hot is the Hanover housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 9 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 33 days.
- Hot homescan sell for around list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 4% below list price and go pending in around 56 days.
- Hot homescan sell for around list price and go pending in around 32 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 12 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 2% below list price and go pending in around 40 days.
- Hot homescan sell for around list price and go pending in around 10 days.
Hanover Migration & Relocation Trends
View houses in Hanover that sold recently
Recently sold homes
- $362,000 Last Sold Price3 beds2 baths2,040 sq ft363 S Hamilton Ave, Hanover, IN 47243EXP Realty LLCList Price$369,000Sale to List2% under listDays on Market256 days363 S Hamilton Ave, Hanover, IN 47243
- $225,000 Last Sold Price—beds—baths—sq ft5300+ W Foster Rd, Hanover, IN 47243List Price$225,000Sale to List0% over listDays on Market27 days5300+ W Foster Rd, Hanover, IN 47243
- $164,500 Last Sold Price3 beds1 bath960 sq ft193 Hickory Dr, Hanover, IN 47243List Price$164,500Sale to List0% over listDays on Market46 days193 Hickory Dr, Hanover, IN 47243
- $145,000 Last Sold Price4 beds2 baths1,574 sq ft36 S Main Cross St, Hanover, IN 47243EXP Realty LLCList Price$149,900Sale to List3% under listDays on Market215 days36 S Main Cross St, Hanover, IN 47243
- $184,500 Last Sold Price3 beds1 bath936 sq ft205 W Main St, Hanover, IN 47243List Price$187,000Sale to List1% under listDays on Market35 days205 W Main St, Hanover, IN 47243
- $99,900 Last Sold Price2 beds1 bath1,368 sq ft24 N Main Cross St, Hanover, IN 47243List Price$99,900Sale to List0% over listDays on Market89 days24 N Main Cross St, Hanover, IN 47243
- $155,000 Last Sold Price3 beds1 bath960 sq ft168 Sycamore South Dr, Hanover, IN 47243List Price$160,000Sale to List3% under listDays on Market111 days168 Sycamore South Dr, Hanover, IN 47243
- $178,500 Last Sold Price3 beds1 bath1,025 sq ft307 October St, Hanover, IN 47243List Price$180,000Sale to List1% under listDays on Market41 days307 October St, Hanover, IN 47243
See all recently sold homes in Hanover.
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Schools in Hanover
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Southwestern Elementary School Public • PreK-5 | 641 Students | 1 reviews |
Climate's impact on Hanover housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hanover.
Flood Factor - Minor
Flood Factor

Fire Factor - Moderate
Fire Factor

Wind Factor - Minor
Wind Factor

Wind likelihood over time
Heat Factor - Moderate
Heat Factor

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