The housing market in Hanover borough, PA is a strong one, with the median value of homes at $240,100 and an impressive one-year appreciation rate of 9.11%. This is higher than the US House Median Value of $338,100 and one-year appreciation rate of 8.27%, demonstrating that this area has seen greater growth in its housing market than the rest of the country.
The median home cost in Hanover is $240,100. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Hanover is up 13.7%.
Average Age of Homes
- The median age of Hanover real estate is 63 years old
The Rental Market in Hanover
- Renters make up 42.4% of the Hanover population
- 2.3% of houses and apartments in Hanover, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.