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Featured local agent — Hanover, WI
Sarah Mitchell
Compass Real Estate · Hanover, WI
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hanover, WI Housing Market & Real Estate
Housing market overview · Updated monthly ·
$221,900median sale price
How is the Hanover, WI housing market right now?
The median home sale price in Hanover, WI is $221,900. Homes sell in an average of 46 days. The market is currently a balanced market. (Source: Redfin monthly MLS data, as of August 2025 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hanover a buyer's or seller's market?
Hanover, WI is currently a balanced market and homes selling in about 46 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
46
Average pace
Active listings
—
Sale-to-list
102.8%
Above asking
What does the Hanover housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $221,900 |
| Average days on market | 46 days |
| Sale-to-list price ratio | 102.8% |
| Median price per sq ft | $135/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Balanced market |
Source: Redfin · Updated monthly
How much do homes cost in Hanover by property type?
How the Hanover, WI market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $221,900 | $135/sq ft | 1 | 46 days |
Source: Redfin · Updated monthly
The Hanover housing market is currently classified as a balanced market with a median sale price of $221,900. Prices have fallen 0.0% compared to last year, with homes spending an average of 46 days on market.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Hanover
Explore homes currently listed for sale in Hanover, Wisconsin across major real estate platforms.
Who lives in Hanover?
Population
143
Median income
$58,281/yr
Median age
30.5 years
Owner-occupied
83.6%
College grads
25.0%
Avg commute
27.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Hanover?
Hanover is a community of approximately 0K residents with a median age of 30.5 years.The median household income is $58,281, which represents a working-class community with solid middle-income opportunities. 25.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 83.6%, reflecting strong community stability and long-term resident commitment. The average commute time is 27.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hanover offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Hanover, WI?
Want a head-to-head view? Compare Hanover side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hanover?
The median home sale price in Hanover is $221,900, down 0.0% from last year.
How long do homes stay on market in Hanover?
Homes typically spend 46 days on market before going under contract.
What is the median income in Hanover?
The median household income is $58,281 per year.
How much does a single-family home cost in Hanover?
The median single-family home price in Hanover, WI is $221,900 (about $135 per square foot).
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