Zip 17331 (Hanover, PA) Housing

The housing market in 17331 Hanover, PA is a great investment opportunity. The median value of a home in the area is $249,500, which is significantly less than the US median value of $338,100. Moreover, over the past year, the appreciation rate for homes in Hanover was 9.11%, compared to 8.27% nationally. This means that investing in a home in this area could result in significant gains over time. With an affordable median value and excellent appreciation potential, 17331 Hanover has much to offer prospective homeowners looking for a good deal.

The median home cost in Hanover (zip 17331) is $249,500. Home appreciation the last 10 years has been 60.7%. Home Appreciation in Hanover (zip 17331) is up 13.7%.

Average Age of Homes

- The median age of Hanover (zip 17331) real estate is 41 years old

The Rental Market in Hanover (zip 17331)

- Renters make up 25.8% of the Hanover (zip 17331) population
- 0.8% of houses and apartments in Hanover (zip 17331), 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, Pennsylvania	United States
	22,817.0	139,647,020.0
	45	42
	$249,500	$338,100
	13.7%	16.6%
	44.9%	57.0%
	60.7%	101.1%
	$19.58	$10.98
	$3,734	$2,690
	72.1%	57.4%
	5.2%	11.2%
	22.7%	31.4%
Vacant Housing
	0.8%	1.9%
	0.0%	0.4%
	1.3%	0.7%
	0.1%	0.4%
	0.3%	3.6%
	2.8%	4.1%
Value of Owner-Occupied Housing
	1.2%	2.6%
	0.6%	2.4%
	1.4%	2.8%
	1.1%	3.9%
	3.5%	4.5%
	17.7%	11.3%
	28.6%	13.0%
	29.6%	20.1%
	11.0%	13.6%
	2.6%	8.3%
	1.8%	9.7%
	0.4%	3.9%
	0.5%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.6%	0.2%
	15.3%	13.6%
	15.3%	13.6%
	12.1%	13.6%
	12.1%	13.2%
	11.4%	14.8%
	12.1%	13.6%
	11.3%	10.0%
	6.1%	4.7%
	18.4%	12.2%

Reviews for Hanover

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nancy · Hanover, PA

Great place to live

Over 5 years ago

It is a safe place to raise kids, southwest school district and Hanover school districts have good educational system, it has a state park Codorus State Park beautiful, More

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Doug · Hanover, PA

Hanover, PA Climate

Over 17 years ago

Hanover is located in South Central Pennsylvania about halfway between Your and the Historcal city of the Civil War, Gettysburg. The climate is typical Mid-Atlantic, More