Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hannover area can be challenging. Home prices in Hannover are now at a median cost of $229,517, higher than the North Dakota average of $223,566.
The average cost of rent is $547/mo in Hannover, primarily driven by the current value of real estate in the Hannover area. While nearly 66.75% of residents own their homes outright in Hannover, 5.01% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hannover is $5,681 per month. Households that rent pay about 9.63% of their income on rent here. Hannover's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Center, ND: less expensive homes
- Fort Clark, ND: less expensive homes
- Hazen, ND: less expensive homes
- Stanton, ND: less expensive homes
- New Salem, ND: less expensive homes
- Beulah, ND: less expensive homes
- Hensler, ND: less expensive homes
- Judson, ND: higher priced homes
- Sims, ND: less expensive homes
- Sanger, ND: less expensive homes
Cities with Similar Populations
- Ontario, VA: less expensive homes
- Neola, MO: less expensive homes
- Neptune, IA: higher priced homes
- Neskowin, OR: higher priced homes
- New Home, TX: less expensive homes
- New Millport, PA: less expensive homes
- Niagara, PA: equally priced homes
- Northfork, WV: less expensive homes
- Norway Center, SD: less expensive homes
- Oakwood, OK: less expensive homes
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