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 $188,834, higher than the Ohio average of $181,280.
The average cost of rent is $896/mo in Hanover, primarily driven by the current value of real estate in the Hanover area. While nearly 34.52% of residents own their homes outright in Hanover, 19.44% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hanover is $6,190 per month. Households that rent pay about 14.48% of their income on rent here. Hanover's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Marne, OH: equally priced homes
- Reform, OH: less expensive homes
- Hickman, OH: less expensive homes
- Perryton, OH: less expensive homes
- Claylick, OH: equally priced homes
- Brownsville, OH: equally priced homes
- Frazeysburg, OH: less expensive homes
- Linnville, OH: higher priced homes
- Newark, OH: less expensive homes
- Heath, OH: less expensive homes
Cities with Similar Populations
- Mount Pulaski, IL: less expensive homes
- Sandy Hook, MS: less expensive homes
- Salem, MI: higher priced homes
- Rolling Fork, MS: less expensive homes
- Rapidan, VA: higher priced homes
- Questa, NM: equally priced homes
- Plumerville, AR: less expensive homes
- Osceola, MO: less expensive homes
- Orangeville, MI: higher priced homes
- Sandy Lake, PA: less expensive homes
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