Home Values

Hanover Township Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$65,300

  • -8.5% 1-year change
  • -0.3% 1-year forecast

The median home value in Hanover Township is $65,300. Hanover Township home values have declined -8.5% over the past year and Zillow predicts they will fall -0.3% within the next year. The median list price per square foot in Hanover Township is None.

Foreclosures will be a factor impacting home values in the next several years. In Hanover Township 7.1 homes are foreclosed (per 10,000). This is greater than the national value of 3.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Hanover Township is 7.0%, which is higher than the national value of 6.0%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Hanover Township homeowners underwater on their mortgage is 28.7%.

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Relative ZHVI
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Hanover Township Market Overview

Data through May 31, 2015
  • $65,300 ZHVI
  • -0.3% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (May 31, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Hanover Township Market Health

Data through May 31, 2015
  • No recent data Less healthy
  • No data Average days on Zillow
  • 28.7% Homes with negative equity (15.4% US Avg) (Mar 31, 2015)
  • 7.0% Delinquent on mortgage (6.0% US Avg) (Mar 31, 2015)

Homes foreclosed (per 10,000)

7.1 homes Hanover Township
3.5 homes United States
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Nearby Cities

Name Median ZHVI
Mountain Top $165,000
Larksville $95,900
Kingston $95,000
Name Median ZHVI
Wilkes-Barre Township $61,600
Nanticoke $60,100
Plymouth Township $59,400
Name Median ZHVI
Ashley $58,800
Edwardsville $56,300
Wilkes-Barre $54,000

Listings & Sales

  • No data
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Hanover Township Rentals

Data through May 31, 2015
  • Zillow Rent Index

  • $771 Hanover Township
    $989 Scranton Metro
    $1,367 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.6 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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