$4,364 Closing Credit*
$367,500
1,179 SqFt
3 Beds
•2 Full Baths
Ruby A Brabo, Listing Office: Long & Foster Real Estate, Inc.
Housing Prices in Hanover, VA
How much do homes in Hanover, VA cost?
Median List Price
$410,000
$224/sqft
Based on all homes listed in the last 12 months.
Difference Since November 2023
-$38,900(-8.7%)
Key Takeaway
The list price of homes in Hanover has decreased by 8.7% since last year.
Summary: The median home list price in Hanover was $410,000 in November 2024, down 8.7% from the previous year, and the median price per square foot was $224.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $195K | $447.5K | +129.5% |
| 3 Bedrooms | $335K | $339.9K | +1.5% |
| 4 Bedrooms | $649.9K | $615K | -5.4% |
| 5+ Bedrooms | $848.7K | $896.4K | +5.6% |
Summary: Hanover housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 129.5%, 3 bedroom homes increased by 1.5%, 4 bedroom homes decreased by 5.4%, and 5+ bedroom homes increased by 5.6%.
Housing Supply in Hanover, VA
How many homes are available in Hanover, VA?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 6 | 8 | +33.3% |
Summary: The Hanover real estate market had 8 homes for sale in November 2024, a 33.3% increase compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 1 | 1 | 0.0% |
| 3 Bedrooms | 3 | 6 | +100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Hanover housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.
Days on Market for Hanover, VA
How long does it take to sell a home in Hanover, VA?
Average Listing Age
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 730 Days | 39 Days | -94.5% |
Summary: Homes in Hanover had an average listing age of 39 days in Nov 2024, down by 94.5% compared to the previous year.
All or a portion of the multiple Listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of Listings. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of Listings and each individual Listing are ©2024 Central Virginia Regional Multiple Listing Service,LLC. All rights reserved