Hanover, PA Housing Market & Real Estate

Seller's market+2.6% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Hanover, PA is $252,450, up 2.6% year-over-year. Homes sell in an average of 46 days with 23 active listings. The market is currently a seller's market.

$252,450median sale price

Is Hanover a buyer's or seller's market?

Seller's market1.2 months of supply46 avg. days on market

Hanover, PA is currently a seller's market, based on 1.2 months of supply and homes selling in about 46 days. How we determine this →

Homes sold

20

Last 12 weeks

Days on market

46

Average pace

Active listings

23

1.2 months supply

Sale-to-list

95.4%

Below asking

Hanover, PA market data

Current housing market statistics for Hanover, PA
MetricValue
Median sale price$252,450
Median list price$364,000
Year-over-year price change+2.6%
Average days on market46 days
Active inventory23 listings
Months of supply1.2 months
Sale-to-list price ratio95.4%
Market conditionSeller's market

Source: Redfin · Updated weekly

The Hanover housing market is currently classified as a seller's market with a median sale price of $252,450. Prices have risen 2.6% compared to last year, with homes spending an average of 46 days on market, indicating 1.2 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 23 homes listed for sale in Hanover, Pennsylvania. The median listing price is $364K.

Active listings

23

Homes on market

Median list price

$364K

Avg. days on market

46

Days until sale

New this week

11

Newly listed

Price drops:17.4%of listings
Sale-to-list:95.4%

Top public schools in Hanover

11 schools tracked · 6,476 students

The largest public schools serving Hanover, PA by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

South Western SHS

Grades 9-12 · 1,356 students

Public

Emory H Markle MS

Grades 6-8 · 1,021 students

Public

West Manheim El Sch

Grades K-5 · 615 students

Public

Hanover MS

Grades 5-8 · 602 students

Public

Hanover SHS

Grades 8-12 · 590 students

Public

Baresville El Sch

Grades K-5 · 563 students

Public

Park Hills El Sch

Grades K-5 · 508 students

Public

Conewago Twp El Sch

Grades K-3 · 484 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

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Frequently asked questions

What is the average home price in Hanover?

The median home sale price in Hanover is $252,450, up 2.6% from last year.

How long do homes stay on market in Hanover?

Homes typically spend 46 days on market before going under contract.

Is Hanover a buyer's or seller's market?

With 1.2 months of supply, Hanover is currently a seller's market.

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