Hanover County, VA Home Values & Market Trends
The median home price in Hanover County, VA is $485,934. There were 2,435 home sales in Hanover County, VA over the past 12 months. The median residential Hanover County, VA home value for transactions over the previous year is $429,027. The number of current listings in Hanover County, VA is 2,137, and the percentage of properties for sale is 2137.00%. The county has 20 foreclosures, 13 bank owned properties, 7 headed for auction, and 2,137 properties for sale.
Hanover County, VA Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Mechanicsville | $ 466,165 $ 232/sqft | Rockville | $ 708,669 $ 263/sqft |
| Ashland | $ 496,469 $ 248/sqft | Hanover | $ 509,206 $ 255/sqft |
| Montpelier | $ 565,861 $ 248/sqft | Doswell | $ 551,137 $ 240/sqft |
| Beaverdam | $ 542,352 $ 243/sqft |
Housing Market Summary for Hanover County, VA
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $499.9K | $500K | 0.02% |
| Median Sold Price | $420.3K | $428.1K | 1.86% |
| Homes For Sale | 1,348 | 2,079 | 54.23% |
| Homes Sold | 1,048 | 817 | -22.04% |
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 County, VA
Browse Homes in Hanover County, VA
Hanover County, VA home values range from $50,000 to $7,950,000. Rockville is the priciest city with a median listing home price of $794,975, and Mechanicsville is most affordable with average house prices of around $475,000.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Hanover County, VA with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 7 cities within Hanover County, VA; of those cities, 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 County, VA ranges from the highest value of $953,535 in Hanover to the lowest value of $219,546 in Mechanicsville. Bank owned homes and properties account for 0.41% of properties in Hanover County, VA. There are 7 cities within Hanover County, VA; Mechanicsville containing 8 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsMechanicsville has 4 auction properties, the highest number of properties going to auction in a single city in the state of Hanover County, VA. Auction homes and other auction properties account for 0.22% of all properties in Hanover County, VA. There are 7 cities within Hanover County, VA; of those cities, the median estimated home value for homes going to auction ranges from $729,167 in Beaverdam to the lowest value of $176,842 in Beaverdam.
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More Real Estate Resources for Hanover County, VA
Guide for Hanover County, VA
Virginia Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
