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 $72,841, lower than the West Virginia average of $138,399.
The average cost of rent is $628/mo in Hanover, primarily driven by the current value of real estate in the Hanover area. While nearly 71.38% of residents own their homes outright in Hanover, 5.90% rent.
Housing affordability isn’t just about home prices, though. The average household income in Hanover is $2,891 per month. Households that rent pay about 21.71% of their income on rent here. Hanover's most expensive areas are in the northwestern regions, while the cheapest areas are in the northeastern parts of the city.
Nearby Cities
- Ikes Fork, WV: equally priced homes
- North Spring, WV: equally priced homes
- Simon, WV: equally priced homes
- Justice, WV: equally priced homes
- Sun Hill, WV: higher priced homes
- Sandy Huff, WV: equally priced homes
- Iaeger, WV: less expensive homes
- Stoneville, WV: equally priced homes
- Gilbert Creek, WV: higher priced homes
- Verner, WV: less expensive homes
Cities with Similar Populations
- Sheep Springs, NM: less expensive homes
- Hunter, TN: higher priced homes
- Hurricane Mills, TN: higher priced homes
- Jekyll Island, GA: higher priced homes
- Leola, AR: higher priced homes
- Rocky Branch, LA: higher priced homes
- Roggen, CO: higher priced homes
- Salyer, CA: higher priced homes
- Sandisfield, MA: higher priced homes
- Sandy, FL: higher priced homes
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