Hanover, IN Housing Market
The Hanover housing market is somewhat competitive. The median sale price of a home in Hanover was $203K last month, up 16.0% since last year. The median sale price per square foot in Hanover is $161, up 26.8% since last year.
Hanover Housing Market Trends
In November 2025, Hanover home prices were up 16.0% compared to last year, selling for a median price of $203K.
since last year
since last year

How much is your home worth? Track your home’s value and compare it to nearby sales.
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 4% below list price and go pending in around 61 days.
- Hot homescan sell for around list price and go pending in around 39 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 5% below list price and go pending in around 68 days.
- Hot homescan sell for about 1% below list price and go pending in around 37 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 1% below list price and go pending in around 87 days.
- Hot homescan sell for around list price and go pending in around 50 days.
Hanover Migration & Relocation Trends
View houses in Hanover that sold recently
Recently sold homes
- $171,000 Last Sold Price3 beds1.5 baths1,677 sq ft63 S Main Cross St, Hanover, IN 47243List Price$199,900Sale to List14% under listDays on Market74 days63 S Main Cross St, Hanover, IN 47243
- $299,900 Last Sold Price3 beds2 baths2,040 sq ft5232 W Reed Rd, Hanover, IN 47243EXP Realty LLCList Price$299,900Sale to List0% over listDays on Market55 days5232 W Reed Rd, Hanover, IN 47243
- $300,000 Last Sold Price4 beds2 baths750 sq ft138 Ohio Ave, Hanover, IN 47243EXP Realty LLCList Price$299,900Sale to List0% over listDays on Market0 days138 Ohio Ave, Hanover, IN 47243
- $370,000 Last Sold Price3 beds2 baths1,800 sq ft60 S West Paine St, Hanover, IN 47243List Price$375,000Sale to List1% under listDays on Market63 days60 S West Paine St, Hanover, IN 47243
- $157,000 Last Sold Price3 beds2 baths1,128 sq ft231 E Lagrange Rd, Hanover, IN 47243List Price$159,900Sale to List2% under listDays on Market195 days231 E Lagrange Rd, Hanover, IN 47243
- $162,500 Last Sold Price3 beds1.5 baths1,212 sq ft254 Thornton Dr, Hanover, IN 47243List Price$164,900Sale to List1% under listDays on Market93 days254 Thornton Dr, Hanover, IN 47243
- $251,900 Last Sold Price3 beds2 baths1,300 sq ft157 Dunn Ave, Hanover, IN 47243List Price$251,900Sale to List0% over listDays on Market66 days157 Dunn Ave, Hanover, IN 47243
- $199,000 Last Sold Price3 beds2 baths1,232 sq ft215 Sharon Dr, Hanover, IN 47243List Price$209,900Sale to List5% under listDays on Market42 days215 Sharon Dr, 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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