How much do homes in Hanover County, VA cost?

Median List Price

$357,966

Based on all homes listed in the last 12 months.

Difference Since August 2020

+$28,741(+8.7%)

Key Takeaway

The list price of homes in Hanover County has increased by 8.7% since last year.

Housing Market Conditions

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Key Takeaway

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Median List Price By Bedroom Count

# BEDSAug 2020Aug 2021%
1 $197.4K$199.9K+1.2%
2 $274.4K$218.7K-20.3%
3 $274.9K$289.9K+5.4%
4 $359.9K$392.9K+9.2%
5+ $439.9K$499.6K+13.6%

Median List Price Compared To Nearby Counties

Caroline County
+16.6%
King William County
+13.3%
Hanover County
+8.7%
Goochland County
+6.9%
Henrico County
+6.5%

How many homes are available in Hanover County, VA?

Number of Homes For Sale

Jul 2021Aug 2021%
698681-2.4%

Homes For Sale By Bedroom Count

# BEDSJul 2021Aug 2021%
1 000.0%
2 2021+5.0%
3 266259-2.6%
4 300289-3.7%
5+ 1121120.0%

Asking Price vs. Sold Price

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Key Takeaway

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Average Listing Age

Aug 2020Aug 2021%
124 Days538 Days+332.6%

Breakdown of Home Sale Times

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Key Takeaway

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About Hanover County, VA

Homes for sale in Hanover County, VA have reached 681. The number of listings in Hanover County, VA decreased by 2.4% between July 2021 and August 2021. In August 2021, listings were on the market for 538 days. During the same period, the median list price in this real estate market was $357,966. This housing market listing prices have changed between July 2021 and August 2021: prices of 1 bedroom properties went up by 1.2%, prices of 2 bedrooms properties decreased by 20.3%, 3 bedrooms properties became 5.4% more expensive, prices of 4 bedrooms properties went up by 9.2%, prices of 5 bedrooms properties increased by 13.6%. This housing market inventory have changed: 1 bedroom homes did not move, volume of 2 bedrooms homes went up by 5%, number of 3 bedrooms homes decreased by 2.6%, volume of 4 bedrooms homes went down by 3.7%, 5 bedrooms homes did not move. While more than 92 listings in Hanover County, VA in August 2021 were sold above asking price, there were more than 43 listings sold at asking price, and more than 41 were sold below.

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