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Hanover, MI Real Estate & Property Data

Hanover Real Estate Market Trends

Last Updated: September 06, 2025

Accurate and comprehensive real estate data is critical for insight into Hanover, MI 49241. ATTOM’s Hanover real estate data is updated daily, and current market trends show that in Hanover, MI a total of 35 residential properties have sold over the past year. With a median home price of $315,000 in Hanover. Get detailed property data for Hanover, MI instantly. ATTOM is your one-stop-shop for the Hanover property reports and real estate data you need in Hanover, MI.

Hanover Real Estate Market Trends

Get property data for any address in Hanover, MI or the country:

Total Residential Properties 922

Total Commercial Properties 32

Avg. Home Age (Single Family Home) 47 Years

Avg. Square Feet (Single Family Home) 1,613

Total 2025 Residential Sales (year-to-date) 15

% of Homes Seriously Underwater (Q3 2025) 0.66%

Total 2024 Residential Sales 27

% of Equity Rich Homes (Q3 2025) 37.5%

Effective 2024 Property Tax 0.98%

Total Foreclosure Filings (year-to-date) N/A

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Hanover, MI 49241 Real Estate Overview

There were 35 residential properties sold in the past year in Hanover, MI 49241. The median home value in Hanover, MI 49241 is $212,251. There are a total of 922 residential properties in the 49241.

Median Sales Price i

$315,000

(Jun 2025)

+70.4%

year-over-year

y-o-y

June '25 Jun '25 $315,000
May '25 May '25 $175,000
April '25 Apr '25 N/A
March '25 Mar '25 $332,500
February '25 Feb '25 $260,000
January '25 Jan '25 $520,000
December '24 Dec '24 $278,000
November '24 Nov '24 $332,000
October '24 Oct '24 $515,000
September '24 Sep '24 $339,900
August '24 Aug '24 N/A
July '24 Jul '24 $197,000

Median Down Payment i

$16,625

(Jun 2025)

-65.2%

year-over-year

y-o-y

June '25 Jun '25 $16,625
May '25 May '25 $3,442
April '25 Apr '25 N/A
March '25 Mar '25 $28,000
February '25 Feb '25 $66,250
January '25 Jan '25 N/A
December '24 Dec '24 $13,900
November '24 Nov '24 $121,600
October '24 Oct '24 $12,839
September '24 Sep '24 $33,990
August '24 Aug '24 N/A
July '24 Jul '24 $9,850

Number of Homes Sold i

5

(Jun 2025)

+25%

year-over-year

y-o-y

June '25 Jun '25 5
May '25 May '25 4
April '25 Apr '25 1
March '25 Mar '25 2
February '25 Feb '25 1
January '25 Jan '25 2
December '24 Dec '24 2
November '24 Nov '24 4
October '24 Oct '24 4
September '24 Sep '24 1
August '24 Aug '24 3
July '24 Jul '24 2

Number of Purchase Loans i

3

(Jun 2025)

year-over-year

y-o-y

June '25 Jun '25 3
May '25 May '25 3
April '25 Apr '25 N/A
March '25 Mar '25 2
February '25 Feb '25 1
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 3
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 N/A
July '24 Jul '24 1

Number of REFI Loans i

4

(Jun 2025)

+33.3%

year-over-year

y-o-y

June '25 Jun '25 4
May '25 May '25 2
April '25 Apr '25 3
March '25 Mar '25 2
February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 6
November '24 Nov '24 4
October '24 Oct '24 4
September '24 Sep '24 3
August '24 Aug '24 3
July '24 Jul '24 N/A

Number of HELOC Loans i

June '25 Jun '25 N/A
May '25 May '25 1
April '25 Apr '25 1
March '25 Mar '25 1
February '25 Feb '25 2
January '25 Jan '25 1
December '24 Dec '24 2
November '24 Nov '24 1
October '24 Oct '24 1
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 1

Hanover, MI 49241 Real Estate Market Overview

Last 30 days

Street
Street
Street

1
2

Hanover, MI 49241 Foreclosure Activity

Total Foreclosure Filings i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 2
July '24 Jul '24 N/A

Foreclosure Starts i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 1
September '24 Sep '24 1
August '24 Aug '24 2
July '24 Jul '24 N/A

Completed Foreclosures (REOs) i

June '25 Jun '25 N/A
May '25 May '25 N/A
April '25 Apr '25 N/A
March '25 Mar '25 N/A
February '25 Feb '25 N/A
January '25 Jan '25 N/A
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 N/A
August '24 Aug '24 N/A
July '24 Jul '24 N/A

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