Home/Hanover/Market Report

Hanover Housing Market Report

November 2026 • Updated daily from MLS data

$625,000
Average Price
2
Active Listings
80
Avg Days on Market
$240
Avg Price/Sqft
0
New This Week

Inventory by Property Type

Active listings in Hanover broken down by property type

Price Distribution

How Hanover home prices are distributed across price ranges

Under $100K
0
$100K–$200K
1
1
$200K–$300K
0
$300K–$500K
0
$500K–$750K
0
$750K–$1M
0
$1M+
1
1

Listings by Bedrooms

Bedroom count breakdown for active listings in Hanover

0
1 Bed
0
2 Bed
0
3 Bed
2
4 Bed
0
5+ Bed

Demographics & Community

Census data for Hanover, Illinois

849
Population
$43,802
Median Household Income
41.3
Median Age
$85,700
Census Median Home Value

Housing Occupancy

Total Housing Units464
Owner-Occupied251 (63.9%)
Renter-Occupied142 (36.1%)
Vacant Units71
Median Rent$711/mo

Commute & Education

Median Commute339 min
Work From Home1.4%
0
Bachelor's Degree+9.0%
High School Diploma+4.7%

Affordability & Housing Costs

HUD data for the Hanover area

Fair Market Rent (2024)

Studio$596/mo
1 Bedroom$680/mo
2 Bedroom$807/mo
3 Bedroom$1,071/mo
4 Bedroom$1,075/mo

Income Limits (2024)

Median Family Income$92,200
Low Income (4-person)$73,750
Very Low Income (4-person)$46,100
Extremely Low (4-person)$31,200

Safety & Crime Statistics

Crime data for Hanover (2024)

46
Violent Crimes
149
Property Crimes
30
Burglaries
18
Vehicle Thefts

School Districts

School districts serving Hanover properties

210

Featured Listings in Hanover

Top properties currently on the market

Save $16,350 on the Average Hanover Home

Traditional agents charge 3% commission ($18,750). With IvyGro, our broker keeps just $2,400 (negotiable at closing) and you keep the rest as your rebate.