Is Hanover, NH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, Hanover was a Neutral Market.
Housing Prices in Hanover, NH
How much do homes in Hanover, NH cost?
Median Sold Price
$470,000
$297/sqft
Based on all homes sold in March 2024.
Difference Since Last Month
Summary: The median home sold price in Hanover was $470,000 in March 2024, down 61.2% from last month, and the median price per square foot was $297.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | - | - | N/A |
2 Bedrooms | - | $470K | N/A |
3 Bedrooms | $1.2M | - | N/A |
4 Bedrooms | $1.2M | - | N/A |
5+ Bedrooms | $825K | - | N/A |
Summary: Hanover housing prices by bedroom type for March 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes did not change, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
West Lebanon | $405K | $467.5K | +15.4% |
Hanover | $1.2M | $470K | -61.2% |
Housing Supply in Hanover, NH
How many homes are available in Hanover, NH?
Number of Homes For Sale
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
24 | 29 | +20.8% |
Summary: The Hanover real estate market had 29 homes for sale in March 2024, a 20.8% increase compared to February 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 0 | 2 | +100.0% |
2 Bedrooms | 4 | 6 | +50.0% |
3 Bedrooms | 7 | 10 | +42.9% |
4 Bedrooms | 7 | 7 | 0.0% |
5+ Bedrooms | 6 | 4 | -33.3% |
Summary: The Hanover housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes increased by 50%, 3 bedroom homes increased by 42.9%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 33.3%.
Number of Homes Sold
Feb 2024 | Mar 2024 | CHANGE |
---|---|---|
4 | 2 | -50.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Summary: A total of 2 homes were sold or pending in Hanover in March 2024, down by 50.0% month-over-month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Hanover, NH
We’re sorry, we don't have information for this market at the moment