Town of Hanover Home Prices & Values

$419,200 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

  • -0.5% 1-year change
  • No data 1-year forecast

The median home value in Town of Hanover is $419,200. Town of Hanover home values have declined -0.5% over the past year. The median list price per square foot in Town of Hanover is $241, which is higher than the Lebanon Metro average of $135. The median price of homes currently listed in Town of Hanover is $485,000 while the median price of homes that sold is $358,500. The median rent price in Town of Hanover is $995, which is lower than the Lebanon Metro median of $1,295.

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 7.2%. 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 6.3%.

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Relative ZHVI
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Town of Hanover Market Overview

Data through Jun 30, 2014
  • $419,200 ZHVI
  • No data 1-yr forecast
  • $485,000 Median listing price
  • $358,500 Median sale price
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Town of Hanover Market Health

Data through Jun 30, 2014
  • 7.3/10 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 of days on Zillow
  • 6.3% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 0.0% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Plainfield $238,600 Hartland $230,000 Grantham $205,700
Hartford $201,200 Town of Enfield $195,600 Lebanon $190,300
Orford $175,700 Canaan $171,800 White River Junction $156,200

Listings & Sales

Data through Jun 30, 2014
  • $241 Median list price / sq ft
  • $235 Median sale price / sq ft
  • 24.6% Listings with price cut
31.2%
Sold below listing
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Town of Hanover Rentals

Data through Jun 30, 2014
  • 5.0 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, 2013)
  • No recent data Rent list price
  • No data Rent list price / sq ft
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