Hanover, IN Housing Market
The Hanover housing market is very competitive. The median sale price of a home in Hanover was $165K last month, down 22.4% since last year. The median sale price per square foot in Hanover is $105, down 24.6% since last year.
Hanover Housing Market Trends
In March 2024, Hanover home prices were down 22.4% compared to last year, selling for a median price of $165K.
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
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 5% below list price and go pending in around 27 days.
- Hot homescan sell for about 1% below list price and go pending in around 8 days.
Hanover Migration & Relocation Trends
Home offer insights for Hanover
Recent offers
View houses in Hanover that sold recently
Recently sold homes
- $150,000 Last Sold Price3 beds1 bath1,592 sq ft385 S Grange Hall Rd, Hanover, IN 47243EXP Realty LLCList Price$150,000Sale to List0% over listDays on Market7 days385 S Grange Hall Rd, Hanover, IN 47243
- $192,500 Last Sold Price3 beds1 bath1,000 sq ft125 Maple St, Hanover, IN 47243List Price$187,500Sale to List3% over listDays on Market19 days125 Maple St, Hanover, IN 47243
- $135,000 Last Sold Price3 beds1 bath1,025 sq ft131 S Sycamore St, Hanover, IN 47243List Price$139,900Sale to List4% under listDays on Market34 days131 S Sycamore St, Hanover, IN 47243
- $132,500 Last Sold Price3 beds2 baths1,640 sq ft568 Hanover Dr, Hanover, IN 47243List Price$149,900Sale to List12% under listDays on Market155 days568 Hanover Dr, Hanover, IN 47243
- $201,000 Last Sold Price3 beds2 baths1,286 sq ft4077 W Pine Ct, Hanover, IN 47243List Price$200,000Sale to List0% over listDays on Market74 days4077 W Pine Ct, Hanover, IN 47243
- $265,000 Last Sold Price4 beds2.5 baths2,412 sq ft4649 W Lea Ln, Hanover, IN 47243EXP Realty LLCList Price$267,000Sale to List1% under listDays on Market99 days4649 W Lea Ln, Hanover, IN 47243
- $112,000 Last Sold Price2 beds1 bath960 sq ft31 N Main Cross St, Hanover, IN 47243List Price$135,000Sale to List17% under listDays on Market76 days31 N Main Cross St, Hanover, IN 47243
- $165,000 Last Sold Price3 beds1 bath960 sq ft535 Gray St, Hanover, IN 47243List Price$164,000Sale to List1% over listDays on Market51 days535 Gray St, Hanover, IN 47243
See all recently sold homes in Hanover.
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Schools in Hanover
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- Middle
- High
GreatSchools Rating
4/10 Southwestern Elementary School Public • PreK-5 | 709 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
Transportation in Hanover
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