Housing in Hanover, PA

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$221,950

Median List Price

$245,000

Price Per Sq Ft

$140

Days on Market

35

Active Inventory

20

Months of Supply

1.3

Seller's market

Zillow Home Value

$284,243

ZHVI — January 2026

Zillow Rent Index

$1,324

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 1.4%List Price 8.9%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

18.8%

Off Market in 2 Weeks

22.2%

Sale-to-List Ratio

96.3%

Buyer's market

Sold Above Asking
18.8%
Under Contract in 2 Wks
22.2%
Listings with Price Drops
45.0%

Market Activity

Source: Redfin

Homes Sold

16

New Listings

8

Pending Sales

18

Homes Sold 23.8%New Listings 72.4%Pending 40.0%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$140

Median List $/SF

$150

Sale $/SF 1.4%List $/SF 0.0%Mar 24Jan 26

Hanover vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 10,000 - 25,000 residents. Hanover is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$200,900

Median Rent

$1,095

Total Housing Units

7,911

Vacancy Rate

7.9%

Owner Occupied

56.2%

Renter Occupied

43.8%

Median Property Tax

$3,931

per year

Monthly Cost (w/ Mortgage)

$1,243

Housing Types

Single Family
69.3%
Multi-Family
30.6%
Mobile Home
0.1%

The current median sale price in Hanover, PA is $221,950 according to Redfin data. Homes spend a median of 35 days on the market. 18.8% of homes sold above asking price. The market has 1.3 months of supply. The median price per square foot is $140. Zillow's observed rent index is $1,324/month. About 56.2% of housing units are owner-occupied. The median year homes were built is 1954. There are 7,911 total housing units.