Hanover, IN Home Values & Market Trends
Real estate market trends reflect that there have been 0 transactions over the past year in Hanover. The median value for residential home transactions that occurred over the previous year is $256,208. The number of current listings in Hanover is 68, and the percentage of properties for sale in the city is 68.00%. Hanover, IN currently has 3 properties in foreclosure, 0 bank owned properties, 3 properties headed for auction, and 68 properties for sale.
Hanover, IN Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 47243 | $ 256,208 $ 170/sqft |
Housing Market Summary for Hanover, IN
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $344.9K | $257.4K | -25.36% |
| Median Sold Price | $0 | $0 | - |
| Homes For Sale | 47 | 65 | 38.30% |
| Homes Sold | 0 | 0 | - |
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, IN
Browse Homes in Hanover, IN
Hanover home values range from $75,624 to $616,825. The median estimated value of a home in Hanover is $256,208. The median list price of a home is 264,999, and the total count of properties in the city is 74.
- Pre-ForeclosurePre-foreclosure homes account for 0% of all residential properties in Hanover, IN 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, IN; 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, IN 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, IN. There is 1 zips within Hanover, IN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions47243 has 3 auction properties, the highest number of properties going to auction in a single zip in the state of Hanover, IN. Auction homes and other auction properties account for 4.05% of all properties in Hanover, IN. There is 1 zips within Hanover, IN; of that zips, the median estimated home value for homes going to auction ranges from $218,364 in 47243 to the lowest value of $160,917 in 47243.
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More Real Estate Resources for Hanover, IN
Guide for Hanover, IN
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.
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