Hanover County, VA Housing

The housing market in Hanover, VA County is vibrant and thriving. The median value for a home in the county is currently $372,700, which is significantly higher than the US median of $338,100. What's more, over the previous year there has been an 8.27% appreciation across the US, while in Hanover County this figure is higher at 13.22%. This indicates a very strong and stable market here in Hanover County that continues to grow and develop each year.

The median home cost in Hanover County is $372,700. Home appreciation the last 10 years has been 68.8%. Home Appreciation in Hanover County is up 15.1%.

Average Age of Homes

- The median age of Hanover County real estate is 29 years old

The Rental Market in Hanover County

- Renters make up 16.8% of the Hanover County population
- 0.8% of houses and apartments in Hanover County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hanover, Virginia	United States
	42,692.0	139,647,020.0
	32	42
	$372,700	$338,100
	15.1%	16.6%
	47.4%	57.0%
	68.8%	101.1%
	$7.21	$10.98
	$2,198	$2,690
	78.2%	57.4%
	5.6%	11.2%
	16.2%	31.4%
Vacant Housing
	0.8%	1.9%
	0.1%	0.4%
	1.2%	0.7%
	0.2%	0.4%
	0.3%	3.6%
	3.0%	4.1%
Value of Owner-Occupied Housing
	1.1%	2.6%
	1.6%	2.4%
	0.2%	2.8%
	0.1%	3.9%
	0.5%	4.5%
	2.4%	11.3%
	9.2%	13.0%
	33.7%	20.1%
	26.9%	13.6%
	13.3%	8.3%
	8.2%	9.7%
	1.7%	3.9%
	0.6%	2.2%
	0.0%	0.8%
	0.5%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	15.6%	13.6%
	15.6%	13.6%
	22.2%	13.6%
	17.4%	13.2%
	14.3%	14.8%
	22.2%	13.6%
	5.1%	10.0%
	2.5%	4.7%
	3.2%	12.2%

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