Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Hanover area can be challenging. Home prices in Hanover are now at a median cost of $538,923, higher than the New Hampshire average of $295,170.
The average cost of rent is $1,634/mo in Hanover, primarily driven by the current value of real estate in the Hanover area. While nearly 56.67% of residents own their homes outright in Hanover, 49.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hanover is $8,175 per month. Households that rent pay about 19.99% of their income on rent here. Hanover's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Norwich, VT: less expensive homes
- Etna, NH: equally priced homes
- West Lebanon, NH: less expensive homes
- Hanover Center, NH: equally priced homes
- Lebanon, NH: less expensive homes
- White River Junction, VT: less expensive homes
- West Norwich, VT: less expensive homes
- Thetford Center, VT: less expensive homes
- East Thetford, VT: less expensive homes
- West Hartford, VT: less expensive homes
Cities with Similar Populations
- Adkins, TX: less expensive homes
- Oak Brook, IL: higher priced homes
- North Chelmsford, MA: less expensive homes
- North College Hill, OH: less expensive homes
- North East, PA: less expensive homes
- North Fair Oaks, CA: higher priced homes
- North Haledon, NJ: less expensive homes
- North Logan, UT: less expensive homes
- North Valley, NM: less expensive homes
- Wilton Manors, FL: less expensive homes
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