A+
57%
Med. Home Val. NAT. AVG.
38%
Rent NAT. AVG.
0%
Owner Occ. NAT. AVG.

Hanover Housing Information

IndexHanoverIllinoisNational
Median home price$141,589$308,565$326,622
Median rent asked$900$1,374$1,444
Avg. people per household1.92.62.6
Owner occupied households63.7%66.0%63.6%
Renter occupied households36.3%34.0%36.4%

Hanover Housing Market

Monthly market trends

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Housing Quick Facts

  • The median home price in Hanover is 57% lower than the national average.
  • The median rent asked in Hanover is 38% lower than the national average.
  • The average number of people per household in Hanover is 29% lower than the national average.
  • The number of owner occupied households in Hanover is equal to the national average.
  • The number of renter occupied households in Hanover is equal to the national average.

Most Affordable Places to Live in and Around Hanover

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Compare Hanover, IL Housing

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Savanna, IL3,028$124,10362%
      Stockton, IL1,700$140,71857%
      Spragueville, IA115$156,66152%
      Elizabeth, IL928$164,38650%
      Springbrook, IA133$167,55749%
      Hanover, IL737$141,58957%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Glen Ullin, ND737$164,25550%
      Chazy, NY737$229,95430%
      Dunkirk, OH737$128,91361%
      Clay, WV737$112,31666%
      Jackson Heights, NC737$0100%
      Hanover, IL737$141,58957%
      Source: The Hanover, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS) and include 2026 modeled data developed using proprietary methodologies.