Hanover Housing Market Report February 2025•Jackson County, Michigan

hero building illustration for mobile

Housing Prices in Hanover, MI

How much do homes in Hanover, MI cost?

Median List Price

Median List Price
This is the middle price for which all homes in a given area are listed. Half of all the homes sold were below this price, and half were above.
$342,400$165/SqFt
+$122,500
+55.7%

Based on all homes listed in the last 12 months

Insight

The list price of homes in Hanover has increased by 55.7% since last year.

Summary: The median home list price in Hanover was $342,400 in February 2025, up 55.7% from the previous year, and the median price per square foot was $165.

Median List Price By Cities

Median List Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Hanover
+55.7%
Hanover Township
+34.6%

Median List Price By Bedrooms

Median List Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsFeb 2024Feb 2025Change YoY
1$192.2K$359.9K
+87.3%
2$184.9K$184.9K
0.0%
3$231.9K$389.9K
+68.1%
4$389.9K$347.4K
-10.9%
5$299.9K$519.5K
+73.2%

Summary: Hanover housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +87.3%. The home price for 2 bedroom homes did not change. The home price for 3 bedroom homes increased by +68.1%. The home price for 4 bedroom homes decreased by -10.9%. The home price for 5 bedroom homes increased by +73.2%.

Housing supply in Hanover, MI

How many homes are available in Hanover, MI?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
3Last MonthFeb 2025
52 months agoJan 2025
-40.0 %
Change MoMJan – Feb

Summary: The Hanover real estate market had 3 homes for sale in Feb 2025, a 40.0 % decrease compared to Jan 2025.

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsJan 2025Feb 2025Change MoM
510
-100.0%
100
0.0%
211
0.0%
310
-100.0%
422
0.0%

Summary: Hanover housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 5 bedroom homes decreased by -100.0%. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -100.0%. The inventory for 4 bedroom homes remained the same.

Days on Market for Hanover, MI

How long does it take to sell a home in Hanover, MI?

Average Listing Age

Average Listing Age
This is the average number of days an active home has been on the market.
This Year1 year agoChange YoY
167 DaysThis YearFeb 2025
125 Days1 year agoFeb 2024
+33.0 %
Change YoYFeb 2024 – Feb 2025

Summary: Homes in Hanover had an average listing age of 167 days in Feb 2025, up by 33.0% compared to the previous year.

Connect With An Agent

Local real estate agents are ready to help you find a home here

Sell My Home

Sell your home with an expert or get the job done on your own.

Get Approved

Get a customizable mortgage solution based on today's rates.

Newest Listings in Hanover, MI

What homes are available in Hanover, MI?

See More Listings

Nearby markets

Nearby markets aren't available for Hanover, MI

Popular Cities with Homes for Sale in Michigan

MLS Disclaimers and Copyright

Based on information from Michigan Regional Information Center LLC, for the period 03/01/2023 - 03/01/2025

Broker Reciprocity Disclaimer: Information deemed reliable, but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of MichRIC, LLC. Real estate listings held by brokerage firms other than this broker are marked with the BR logo and detailed information includes the name of the listing broker. Copyright 2025 Grand Rapids Association of REALTORS® / Copyright © MichRIC, LLC. / MLS Exchange Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/6/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.