Hanover, MN Home Values & Market Trends
Real estate market trends reflect that there have been 71 transactions over the past year in Hanover. The median value for residential home transactions that occurred over the previous year is $424,224.81. The number of current listings in Hanover is 5, and the percentage of properties for sale in the city is 5.00%. Hanover, MN currently has 1 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 5 properties for sale.
Hanover, MN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 55341 | $ 410,545 $ 160/sqft |
Housing Market Summary for Hanover, MN
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $500K | $440.1K | -11.98% |
| Median Sold Price | $412.9K | $440.1K | 6.59% |
| Homes For Sale | 9 | 4 | -55.56% |
| Homes Sold | 27 | 33 | 22.22% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hanover, MN
Browse Homes in Hanover, MN
Hanover home values range from $70,098 to $1,166,928. The median estimated value of a home in Hanover is $424,224.81. The median list price of a home is 540,000, and the total count of properties in the city is 1,242.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Hanover, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hanover, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hanover, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Hanover, MN. There is 1 zips within Hanover, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions55341 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Hanover, MN. Auction homes and other auction properties account for 0.08% of all properties in Hanover, MN. There is 1 zips within Hanover, MN; of that zips, the median estimated home value for homes going to auction ranges from $372,750 in 55341 to the lowest value of $372,750 in 55341.
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More Real Estate Resources for Hanover, MN
Guide for Hanover, MN
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