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Hanover County, VA Real Estate & Property Data

Hanover County Real Estate Market Trends

Last Updated: April 22, 2025

With up-to-date real estate data get detailed insight into Hanover County, VA sourced from the nation’s leading property data provider. The current median home price in Hanover County, VA is $409,700. Hanover County real estate data shows that there have been a total of 1,820 residential properties sold over the past 12 months. ATTOM’s Hanover County real estate data indicates that the county has 7 properties in foreclosure and 6 REOs (real estate bank owned) properties.

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

Total Residential Properties 46,906

Total Commercial Properties 2,451

Avg. Home Age (Single Family Home) 36 Years

Avg. Square Feet (Single Family Home) 2,131

Total 2025 Residential Sales (year-to-date) 211

% of Homes Seriously Underwater (Q2 2025) 0.58%

Total 2024 Residential Sales 1,709

% of Equity Rich Homes (Q2 2025) 41.7%

Effective 2024 Property Tax 0.68%

Total Foreclosure Filings (year-to-date) 18

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Hanover County, VA Real Estate Overview

There were 1,820 residential properties sold in the past year in Hanover County, VA. The median home value in Hanover County, VA is $421,810. There are a total of 46,906 residential properties in the Hanover.

Median Sales Price i

$409,700

(Feb 2025)

-3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $409,700
January '25 Jan '25 $393,877
December '24 Dec '24 $415,000
November '24 Nov '24 $426,000
October '24 Oct '24 $443,750
September '24 Sep '24 $430,000
August '24 Aug '24 $429,000
July '24 Jul '24 $449,950
June '24 Jun '24 $440,000
May '24 May '24 $437,000
April '24 Apr '24 $440,250
March '24 Mar '24 $459,000

Median Down Payment i

$80,000

(Feb 2025)

+5.4%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 $80,000
January '25 Jan '25 $62,400
December '24 Dec '24 $80,000
November '24 Nov '24 $64,305
October '24 Oct '24 $64,625
September '24 Sep '24 $86,250
August '24 Aug '24 $55,000
July '24 Jul '24 $85,600
June '24 Jun '24 $67,512
May '24 May '24 $74,500
April '24 Apr '24 $89,000
March '24 Mar '24 $60,000

Number of Homes Sold i

114

(Feb 2025)

+6.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 114
January '25 Jan '25 97
December '24 Dec '24 142
November '24 Nov '24 147
October '24 Oct '24 166
September '24 Sep '24 148
August '24 Aug '24 147
July '24 Jul '24 186
June '24 Jun '24 151
May '24 May '24 167
April '24 Apr '24 136
March '24 Mar '24 112

Number of Purchase Loans i

(Feb 2025)

-5.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 90
January '25 Jan '25 73
December '24 Dec '24 141
November '24 Nov '24 126
October '24 Oct '24 139
September '24 Sep '24 124
August '24 Aug '24 125
July '24 Jul '24 166
June '24 Jun '24 122
May '24 May '24 135
April '24 Apr '24 101
March '24 Mar '24 97

Number of REFI Loans i

(Feb 2025)

+15.5%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 82
January '25 Jan '25 56
December '24 Dec '24 77
November '24 Nov '24 91
October '24 Oct '24 122
September '24 Sep '24 120
August '24 Aug '24 94
July '24 Jul '24 109
June '24 Jun '24 77
May '24 May '24 76
April '24 Apr '24 85
March '24 Mar '24 68

Number of HELOC Loans i

(Feb 2025)

-23.1%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years

February '25 Feb '25 40
January '25 Jan '25 52
December '24 Dec '24 49
November '24 Nov '24 67
October '24 Oct '24 59
September '24 Sep '24 65
August '24 Aug '24 57
July '24 Jul '24 49
June '24 Jun '24 55
May '24 May '24 60
April '24 Apr '24 59
March '24 Mar '24 41

Hanover County, VA Real Estate Market Overview

Last 30 days

City

Median Est. Value
City

Median Est. Value
City

Median Est. Value

Ashland

$421,810 $197.9/sqft
Beaverdam

$365,795 $184.2/sqft
Doswell

$360,849 $179.26/sqft
Glen Allen

$495,675 $198.53/sqft
Mechanicsville

$421,020 $200.91/sqft
Montpelier

$394,508 $182.58/sqft
Rockville

$508,721 $216.26/sqft

Hanover County, VA Foreclosure Activity

There were a total of 7 Hanover County, VA properties with a foreclosure filing in February 2025. Lenders started the foreclosure process on 7 Hanover County, VA properties and repossessed 6 Hanover County, VA properties through completed foreclosures (REOs) in February 2025.

Total Foreclosure Filings i

(Feb 2025)

+133.3%

year-over-year

y-o-y

List Graph

1 year 3 years

5 years