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 $210,604, lower than the Texas average of $235,268.
The average cost of rent is $946/mo in Hanover, primarily driven by the current value of real estate in the Hanover area. While nearly 65.03% of residents own their homes outright in Hanover, 10.31% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hanover is $4,613 per month. Households that rent pay about 20.51% of their income on rent here. Hanover's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Gause, TX: equally priced homes
- Hoyte, TX: less expensive homes
- Hix, TX: less expensive homes
- Milano, TX: less expensive homes
- Cameron, TX: less expensive homes
- Maysfield, TX: less expensive homes
- Mumford, TX: equally priced homes
- Hearne, TX: less expensive homes
- Pettibone, TX: less expensive homes
- Rockdale, TX: less expensive homes
Cities with Similar Populations
- Rogers, KY: less expensive homes
- Rochester, TX: less expensive homes
- Rock Creek, TN: less expensive homes
- Rock Hill, AL: less expensive homes
- Rockdale, NY: less expensive homes
- Rockhill Furnace, PA: less expensive homes
- Rockville, MO: less expensive homes
- Rockville, NY: less expensive homes
- Rocky Gap, VA: less expensive homes
- Roebuck, VA: less expensive homes
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