Town of Hanover Home Prices & Values

$433,500 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.9% 1-year change
  • No data 1-year forecast

The median home value in Town of Hanover is $433,500. Town of Hanover home values have gone up 0.9% over the past year. The median list price per square foot in Town of Hanover is $248, which is higher than the Lebanon Metro average of $134. The median price of homes currently listed in Town of Hanover is $475,000 while the median price of homes that sold is $528,912. The median rent price in Town of Hanover is $995, which is lower than the Lebanon Metro median of $1,380.

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 Town of Hanover is 0.0%, which is lower than the national value of 6.9%. 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 Town of Hanover homeowners underwater on their mortgage is 7.4%.

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Relative ZHVI
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Town of Hanover Market Overview

Data through Aug 31, 2014
  • $433,500 ZHVI
  • No data 1-yr forecast
  • $475,000 Median listing price
  • $528,912 Median sale price (Jul 31, 2014)
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Town of Hanover Market Health

Data through Aug 31, 2014
  • 8.6/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average days on Zillow
  • 7.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 0.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Thetford $245,200 Plainfield $236,000 Hartford $218,700
Grantham $211,700 Town of Enfield $202,600 Lebanon $196,600
Orford $185,500 Canaan $174,500 White River Junction $166,500

Listings & Sales

Data through Aug 31, 2014
  • $248 Median list price / sq ft
  • $250 Median sale price / sq ft (Jul 31, 2014)
  • 39.6% Listings with price cut
18.0%
Sold below listing
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Town of Hanover Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,323 Lebanon Metro
$1,328 United States
  • 8.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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