A+
73%
Med. Home Val. NAT. AVG.
100%
Rent NAT. AVG.
41%
Owner Occ. NAT. AVG.

Hanover Housing Information

IndexHanoverMinnesotaNational
Median home price$566,557$339,061$326,622
Median rent asked$0$1,332$1,444
Avg. people per household2.62.42.6
Owner occupied households89.9%71.4%63.6%
Renter occupied households10.1%28.6%36.4%
See Local Housing Trends Before You Buy! Local Insights Report
  • See home value trends within a small radius
  • Understand local market conditions near your address
  • Use detailed data to choose the right home
Local Insights Report

Housing Quick Facts

  • The median home price in Hanover is 73% higher than the national average.
  • The median rent asked in Hanover is 100% lower than the national average.
  • The average number of people per household in Hanover is 2% lower than the national average.
  • The number of owner occupied households in Hanover is 41% higher than the national average.
  • The number of renter occupied households in Hanover is 72% lower than the national average.

Most Affordable Places to Live in and Around Hanover

See all the best places to live around Hanover

Compare Hanover, MN Housing

City Image
    City Default Image
      vs
      How would you rate real estate in Hanover?
      Write a review to give others more information about this area.
      How would you rate rentals in Hanover?
      Write a review to give others more information about this area.
      See all Hanover poll results

      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Big Lake CDP, MN390$334,0482%
      Rockford, MN4,595$343,5485%
      Montrose, MN3,624$357,4299%
      Buffalo, MN16,770$362,25811%
      Osseo, MN2,826$367,52513%
      Hanover, MN3,482$566,55773%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Rio Dell, CA3,481$359,17410%
      Whispering Pines, NC3,481$613,90488%
      Palmyra, NY3,480$196,80540%
      Fort Branch, IN3,484$243,23826%
      Newcastle, WY3,484$240,42326%
      Hanover, MN3,482$566,55773%
      Source: The Hanover, MN 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.