Hanover, PA Home Values & Market Trends
Real estate market trends reflect that there have been 857 transactions over the past year in Hanover. The median value for residential home transactions that occurred over the previous year is $251,209.35. The number of current listings in Hanover is 43, and the percentage of properties for sale in the city is 43.00%. Hanover, PA currently has 26 properties in foreclosure, 2 bank owned properties, 23 properties headed for auction, and 43 properties for sale.
Hanover, PA Real Estate Market Overview
Housing Market Summary for Hanover, PA
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $272.4K | $242.4K | -11.00% |
Median Sold Price | $226.6K | $242.4K | 6.97% |
Homes For Sale | 34 | 38 | 11.76% |
Homes Sold | 439 | 406 | -7.52% |
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, PA
Browse Homes in Hanover, PA
Hanover home values range from $25,280 to $2,028,948. The median estimated value of a home in Hanover is $251,209.35. The median list price of a home is 239,000, and the total count of properties in the city is 18,903.
- Pre-ForeclosurePre-foreclosure homes account for 0.01% of all residential properties in Hanover, PA with 17331 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 2 zips within Hanover, PA; of those zips, the estimated home value for pre-foreclosure homes ranges from $208,187 in 17331 to the lowest home value of $208,187 in 17331.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hanover, PA ranges from the highest value of $182,772 in 17331 to the lowest value of $150,000 in 17331. Bank owned homes and properties account for 0.01% of properties in Hanover, PA. There are 2 zips within Hanover, PA; 17331 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions17331 has 23 auction properties, the highest number of properties going to auction in a single zip in the state of Hanover, PA. Auction homes and other auction properties account for 0.12% of all properties in Hanover, PA. There are 2 zips within Hanover, PA; of those zips, the median estimated home value for homes going to auction ranges from $419,508 in 17331 to the lowest value of $158,000 in 17331.
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More Real Estate Resources for Hanover, PA
Guide for Hanover, PA
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