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These days, finding an affordable place to live in the Hanoverton area can be challenging. Home prices in Hanoverton are now at a median cost of $191,596, lower than the Ohio average of $236,816.
The average cost of rent is $868/mo in Hanoverton, primarily driven by the current value of real estate in the Hanoverton area. In Hanoverton, 14.82% of households rent, and 43.87% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hanoverton is $5,779 per month. Households that rent pay about 15.03% of their income on rent here. Hanoverton’s most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Guilford, OH: equally priced homes
- New Garden, OH: higher priced homes
- Kensington, OH: equally priced homes
- Winona, OH: equally priced homes
- Rock Camp, OH: less expensive homes
- East Rochester, OH: equally priced homes
- Summitville, OH: less expensive homes
- North Georgetown, OH: higher priced homes
- Lisbon, OH: less expensive homes
- Gavers, OH: less expensive homes
Cities with Similar Populations
- Ashton, MD: higher priced homes
- Wright, WY: higher priced homes
- Worthington, IN: less expensive homes
- Willisburg, KY: equally priced homes
- Wellington, TX: less expensive homes
- Webster Springs, WV: less expensive homes
- Wappapello, MO: less expensive homes
- Walcott, IA: equally priced homes
- Upton, KY: equally priced homes
- Tuckerman, AR: less expensive homes
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