Hanover, MN housing market
The typical Hanover home is worth about $452,000, up 0.7% in a year, 29% above the Minnesota typical home. Homes typically sell in 21 days, close to asking.
Home values, sales, trends and how Hanover compares with the towns next door — updated as new data is published.
Hanover at a glance
A balanced market
About 5.3 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Hanover | Minnesota |
|---|---|---|
| 2017 | $287,000 | $217,000 |
| 2018 | $306,000 | $232,000 |
| 2019 | $322,000 | $246,000 |
| 2020 | $334,000 | $259,000 |
| 2021 | $360,000 | $282,000 |
| 2022 | $419,000 | $313,000 |
| 2023 | $428,000 | $325,000 |
| 2024 | $436,000 | $331,000 |
| 2025 | $450,000 | $341,000 |
| 2026 | $450,000 | $349,000 |
| August 2026 | $452,000 | $351,000 |
Hanover and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Hanover | $452K | +0.7% | 21 | $156,536 |
| Rockford | $356K | +0.3% | — | $93,378 |
| Greenfield | $598K | +4.4% | 184 | $153,750 |
| St. Michael | $435K | 0% | 35 | $131,274 |
| Rogers | $464K | +1% | 42 | $158,750 |
| Corcoran | $603K | +0.7% | 53 | $133,423 |
2.9 years of income
The typical Hanover home costs about 2.9 years of the town's median household income, less than across Minnesota (3.9 years).
How Hanover ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.