Hanover, IN Housing Market
The Hanover housing market is very competitive. The median sale price of a home in Hanover was $207K last month, up 33.2% since last year. The median sale price per square foot in Hanover is $106, down 3.6% since last year.
Hanover Housing Market Trends
In May 2025, Hanover home prices were up 33.2% compared to last year, selling for a median price of $207K.
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 25 days.
- Hot homescan sell for around list price and go pending in around 5 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 3% below list price and go pending in around 22 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 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
- $97,500 Last Sold Price3 beds1 bath1,515 sq ft205 Smith Ln, Hanover, IN 47243List Price$119,900Sale to List19% under listDays on Market49 days205 Smith Ln, Hanover, IN 47243
- $146,000 Last Sold Price3 beds1 bath960 sq ft6371 S Saluda Paynesville Rd, Hanover, IN 47243List Price$150,000Sale to List3% under listDays on Market88 days6371 S Saluda Paynesville Rd, Hanover, IN 47243
- $230,000 Last Sold Price3 beds2 baths1,429 sq ft132 Maple St, Hanover, IN 47243List Price$239,900Sale to List4% under listDays on Market80 days132 Maple St, Hanover, IN 47243
- $675,000 Last Sold Price4 beds4 baths4,625 sq ft1311 S Riverview Dr, Hanover, IN 47243List Price$799,000Sale to List16% under listDays on Market73 days1311 S Riverview Dr, Hanover, IN 47243
- $263,000 Last Sold Price3 beds2 baths1,828 sq ft191 S Birch St, Hanover, IN 47243List Price$274,900Sale to List4% under listDays on Market93 days191 S Birch St, Hanover, IN 47243
- $385,000 Last Sold Price3 beds2 baths1,725 sq ft145 W Greene Ct, Hanover, IN 47243List Price$389,900Sale to List1% under listDays on Market71 days145 W Greene Ct, Hanover, IN 47243
- $294,900 Last Sold Price3 beds2.5 baths2,778 sq ft910 S Goldenrod Ln, Hanover, IN 47243List Price$299,900Sale to List2% under listDays on Market48 days910 S Goldenrod Ln, Hanover, IN 47243
- $229,900 Last Sold Price3 beds1.5 baths1,150 sq ft213 W Main St, Hanover, IN 47243List Price$229,900Sale to List0% over listDays on Market64 days213 W Main St, Hanover, IN 47243
See all recently sold homes in Hanover.
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Schools in Hanover
- Elementary
- Middle
- High
GreatSchools Rating
5/10 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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