Hanover, MN
Housing market overview · Updated weekly
$492,450median sale price
Homes sold
8
Last 12 weeks
Days on market
87
Average pace
Active listings
26
3.3 months supply
Sale-to-list
100.4%
Above asking
The Hanover housing market is currently classified as a balanced market with a median sale price of $492,450. Prices have risen 4.5% compared to last year, with homes spending an average of 87 days on market, indicating 3.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Hanover
There are currently 26 homes listed for sale in Hanover, Minnesota. The median listing price is $482K.
Active listings
26
Homes on market
Median list price
$482K
Avg. days on market
87
Days until sale
New this week
16
Newly listed
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Frequently asked questions
What is the average home price in Hanover?
The median home sale price in Hanover is $492,450, up 4.5% from last year.
How long do homes stay on market in Hanover?
Homes typically spend 87 days on market before going under contract.
Is Hanover a buyer's or seller's market?
With 3.3 months of supply, Hanover is currently a balanced market.
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