Hanover Market Report
$596,159
AVERAGE PRICE OF 164 HOMES$488,225
AVERAGE PRICE OF 4 DISTRESSED HOMES$3,403,000
AVERAGE PRICE OF 4 MULTI-MILLION DOLLAR HOMES$532,591
AVERAGE PRICE OF 85 NEWLY BUILT HOMES$453,966
AVERAGE PRICE OF 3 HOMES WITH A POOL$528,500
AVERAGE PRICE OF 4 REDUCED PRICE HOMESAverage Home
| Average Price | $596,159 |
| Avg Bedrooms | 3.14 beds |
| Avg Bathrooms | 3.23 baths |
Average Price by Bedrooms
| 2 bedrooms | $356,842 |
| 3 bedrooms | $508,828 |
| 4 bedrooms | $592,974 |
| 5 bedrooms | $659,997 |
Hanover Home Price Trends
| 7/2022 | 6/2022 | 5/2022 | 4/2022 | 3/2022 | |
|---|---|---|---|---|---|
| Total Listings | 179 | n/a | n/a | n/a | 162 |
| Average Price | $583,234 | n/a | n/a | n/a | $561,514 |
| Avg Price Change | n/a | n/a | n/a | n/a | +0.32% |
| Median Price | $519,106 | n/a | n/a | n/a | $517,641 |
| Med Price Change | n/a | n/a | n/a | n/a | +3.01% |
| Avg Bedrooms | 3.12 beds | n/a | n/a | n/a | 3.03 beds |
| Avg Bathrooms | 3.23 baths | n/a | n/a | n/a | 3.38 baths |
Home Price by High School
| School Name | Total Homes | Average Price | Avg Days on Site |
|---|---|---|---|
| Howard | 1 | $425,000 | 73 days |
| Long Reach | 6 | $547,052 | 66 days |
| Meade | 26 | $553,861 | 85 days |
| North County | 1 | $460,990 | 671 days |
Home Price by House Size
| Total Homes | Average Price | Avg Days on Site | |
|---|---|---|---|
| All Homes | 164 | $596,159 | 99 days |
| Distressed Homes | 4 | $488,225 | 62 days |
| Multi-Million Dollar Homes | 4 | $3,403,000 | 251 days |
| Newly Built Homes | 85 | $532,591 | 117 days |
| Homes with a Pool | 3 | $453,966 | 78 days |
| Reduced Price Homes | 4 | $528,500 | 34 days |
