4 days on Rocket
$8,609 Closing Credit¹
#73397211, Stephanie Patten, Listing office: Engel & Volkers, South Shore
Hanover Housing Market Report May 2025•Plymouth County, Massachusetts
Housing Prices in Hanover, MA
How much do homes in Hanover, MA cost?
Housing Market Conditions
Is Hanover, MA a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Hanover is a Seller's Market
Difference Since May 2024
At the same time last year, Hanover was a Buyer's Market.
Insight
Hanover is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$770,000$362/SqFt
+$15,000
+2.0%
Based on all homes sold in the last 12 months
Insight
Homes in Hanover have sold for 2% more than they did a year ago.
Summary: The median home sold price in Hanover was $770,000 in May 2025, up 2% from last year, and the median price per square foot was $362.
Median Sold Price By Bedrooms
| Beds | May 2024 | May 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | - | - | N/A |
| 22 Bedrooms | $555K | $698.7K | +25.9% |
| 33 Bedrooms | $687.5K | $665K | -3.3% |
| 44 Bedrooms | $866.7K | $945K | +9.0% |
| 55+ Bedrooms | $1.0M | $830K | -17.8% |
Summary: Hanover housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes increased by +25.9%. The home price for 3 bedroom homes decreased by -3.3%. The home price for 4 bedroom homes increased by +9.0%. The home price for 5 bedroom homes decreased by -17.8%.
How does Hanover, MA compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Hanover, MA
Housing supply in Hanover, MA
How many homes are available in Hanover, MA?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 36Last MonthMay 2025 | ||
| 322 months agoApr 2025 | +12.5 % Change MoMApr – May |
Summary: The Hanover real estate market had 36 homes for sale in May 2025, a 12.5 % increase compared to Apr 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 8Last MonthMay 2025 | ||
| 92 months agoApr 2025 | -11.1 % Change MoMApr – May |
Homes For Sale By Bedroom Count
| Beds | Apr 2025 | May 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 3 | 3 | 0.0% |
| 33 Bedrooms | 12 | 13 | +8.3% |
| 44 Bedrooms | 14 | 13 | -7.1% |
| 55+ Bedrooms | 3 | 7 | +133.3% |
Summary: Hanover housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +8.3%. The inventory for 4 bedroom homes decreased by -7.1%. The inventory for 5 bedroom homes increased by +133.3%.
Asking Price vs. Sold Price
How much do homes in Hanover, MA cost?
Over Asking Price4 Homes
At Asking Price1 Home
Under Asking Price3 Homes
Insight
If you're buying a home in Hanover, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 8 homes were sold or pending in Hanover in May 2025, down by 11.1% month-over-month. Of the 8 sold homes, 38% were sold under asking, 13% were sold at asking, and and 50% were sold over asking.
Days on Market for Hanover, MA
How long does it take to sell a home in Hanover, MA?
Breakdown of Home Sale Times
Under 30 Days6 Homes
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in Hanover are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 8 homes were sold in Hanover; 75% of homes were sold within 30 days, 13% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 29 DaysThis YearMay 2025 | ||
| 18 Days1 year agoMay 2024 | +63.2 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Hanover had an average listing age of 29 days in May 2025, up by 63.2% compared to the previous year.
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Newest Listings in Hanover, MA
What homes are available in Hanover, MA?
5 days on RocketBackup offers
$7,599 Closing Credit¹
#73396240, Kristen Dailey, Listing office: The Firm
6 days on Rocket
$6,530 Closing Credit¹
#73395984, Kristen Dailey, Listing office: The Firm
Backup offers
$10,000 Closing Credit¹
#73392688, Debbie Glynn, Listing office: The Firm
$8,894 Closing Credit¹
#73392580, Christine Powers, Listing office: Coldwell Banker Realty - Cohasset
Backup offers
$8,550 Closing Credit¹
#73391342, Team ROVI, Listing office: Real Broker MA, LLC
Backup offers
$10,000 Closing Credit¹
#73390321, Michael McCarthy, Listing office: Coldwell Banker Realty - Norwell - Hanover Regional Office
Backup offers
$9,974 Closing Credit¹
#73390054, Anne Fitzgerald, Listing office: William Raveis R.E. & Home Services
Backup offers
$10,000 Closing Credit¹
#73389331, Lindsay Conlon, Listing office: Coldwell Banker Realty - Norwell - Hanover Regional Office
$9,488 Closing Credit¹
#73389201, James Roche, Listing office: Coldwell Banker Realty - Norwell - Hanover Regional Office
$10,000 Closing Credit¹
#73388507, Shaughnessy & Cochran Group, Listing office: Coldwell Banker Realty - Boston
$8,608 Closing Credit¹
#73386182, Elizabeth Cohen, Listing office: Berkshire Hathaway HomeServices Evolution Properties
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MLS Disclaimers and Copyright
Based on information from MLS Property Information Network Inc., for the period 06/01/2023 - 06/01/2025
Disclaimer: The property listing data and information set forth herein were provided to MLS Property Information Network, Inc. from third party sources, including sellers, lessors and public records, and were compiled by MLS Property Information Network, Inc. The property listing data and information are for the personal, non commercial use of consumers having a good faith interest in purchasing or leasing listed properties of the type displayed to them and may not be used for any purpose other than to identify prospective properties which such consumers may have a good faith interest in purchasing or leasing. MLS Property Information Network, Inc. and its subscribers disclaim any and all representations and warranties as to the accuracy of the property listing data and information set forth herein. We may make use of information provided by users of this website - see our Terms of Use for more details on our privacy policy.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/1/2025, 12:55:44 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.