Hanover, IN Housing Market
The Hanover housing market is somewhat competitive. The median sale price of a home in Hanover was $143K last month, down 23.2% since last year. The median sale price per square foot in Hanover is $142, down 1.4% since last year.
Hanover Housing Market Trends
In October 2025, Hanover home prices were down 23.2% compared to last year, selling for a median price of $143K.
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 12 months
- Some homes get multiple offers.
- The average homes sell for about 6% below list price and go pending in around 56 days.
- Hot homescan sell for around list price and go pending in around 12 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 44 days.
- Hot homescan sell for about 1% below list price and go pending in around 29 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 84 days.
- Hot homescan sell for around list price and go pending in around 46 days.
Hanover Migration & Relocation Trends
View houses in Hanover that sold recently
Recently sold homes
- $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
- $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
- $234,000 Last Sold Price3 beds2 baths1,354 sq ft148 Wooded Ct, Hanover, IN 47243List Price$239,900Sale to List2% under listDays on Market39 days148 Wooded Ct, Hanover, IN 47243
- $546,250 Last Sold Price3 beds3 baths2,850 sq ft606 S Grange Hall Rd, Hanover, IN 47243List Price$575,000Sale to List5% under listDays on Market132 days606 S Grange Hall Rd, Hanover, IN 47243
- $489,900 Last Sold Price4 beds2 baths2,630 sq ft2993 S River Bluff Dr, Hanover, IN 47243List Price$479,900Sale to List2% over listDays on Market24 days2993 S River Bluff Dr, Hanover, IN 47243
- $345,000 Last Sold Price3 beds2 baths1,900 sq ft105 W Marion Dr, Hanover, IN 47243List Price$349,900Sale to List1% under listDays on Market104 days105 W Marion Dr, Hanover, IN 47243
- $380,000 Last Sold Price3 beds2 baths1,750 sq ft140 W Greene Ct, Hanover, IN 47243List Price$395,000Sale to List4% under listDays on Market196 days140 W Greene Ct, 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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