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Housing in Hanover

A typical Hanover home is worth roughly $408,000

Typical home value
$408K
NE $281K
Estimate
2-bedroom rent
$1,290
a month, utilities in · HUD
Median tax bill
$3,720
NE $3,549

What kind of housing town is Hanover?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

What it takes to buy in Hanover

Try your own numbers below.

You could afford about
$274,000
Typical Hanover home $408K

That’s $134K short of a typical Hanover home.

The typical home, each month
$2,640
Loan $2,020Tax $510Insurance $120

A two-bedroom rents for about $1,290 a month here, $1,350 less than owning.

Where your budget reaches nearby

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, the Nebraska typical property tax (1.49% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

The homes

93% of Hanover households own their home

Half of Hanover’s homes were built before 1964.

Owners and renters
Own 93%Rent 8%

Nebraska: 67% own.

1964
typical home built · NE 1975
$3,720
median property tax bill · NE $3,549

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

Renting

A two-bedroom rents for about $1,290

Fair Market Rent a month, utilities included

Studio$890
1 bedroom$990
2 bedrooms$1,290
3 bedrooms$1,560
4 bedrooms$1,750
8%
of households rent · NE 34%
8
renter households

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Gage County, NE): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

Next door

Hanover vs. its neighbors

The towns that share a border with Hanover. Tap one to see its housing page.

Compare more
TownTypical value1-yr change2-bed rentMedian income
Hanover$408K*—$1,290$191,094
Holt$317K*—$1,290$70,208

Typical value: Zillow Home Value Index; * Census median home value where Zillow has none. † FHFA price index change where Zillow has none. Rent: HUD Fair Market Rent. New homes: Census building permits.

Neighbors talk housing

What Hanover buyers, sellers and renters are saying.

Town Square →
Weigh in
Is Hanover still affordable for young families?

Your answer becomes a post in Town Square.

Start the conversation

Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers. The calculator is an estimate, not a loan offer.

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