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Land Foreclosures in Hanover, MI

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Hanover, MI Foreclosures

How much do homes sell for in Hanover, MI?
The average home price is currently $265,796.
In Hanover, MI, how many homes are available?
There are currently 2 active home listings available in Hanover.
What’s the average rental cost in Hanover, MI?
The average rental price in Hanover is $1,172.
What is the most expensive home in Hanover?
The most expensive home sold in Hanover had a price of $1,748,749.
What is currently the cheapest priced home in Hanover, MI?
The cheapest home for sale in Hanover is priced at $14,537.

Living in Hanover, MI

Hanover, MI is a charming small town that offers a peaceful lifestyle amidst beautiful natural scenery. With a strong sense of community and access to outdoor activities, it's an ideal place for families and individuals looking for a slower-paced life. The area also features quality educational institutions, making it perfect for families with children.

Current Market Conditions in Hanover, MI

Current market conditions in Hanover indicate a stable real estate environment, characterized by modest price increases and a balanced supply of properties. The demand remains steady, driven by families seeking the quiet life and retirees looking for peaceful surroundings.

The local market shows signs of growth, with new developments and renovations taking place, keeping the inventory fresh and appealing to buyers. Investors are taking note of the area, as it presents opportunities for both rental and residential purchases.

Home Value Estimator For Hanover, MI

There are currently 955 real estate properties in Hanover, MI, with a median automated valuation model (AVM) price of $214,058.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hanover, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hanover, MI, is $265,796.00, with the most expensive house in Hanover, MI, topping out at $1,748,749.00 and the cheapest home in Hanover, MI, clocking in at $14,537.00. In other words, there’s something for every potential homebuyer or savvy investor in Hanover, MI!

Rent Prices In Hanover, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hanover, MI, is on a rollercoaster ride. The average rent price in Hanover, MI, is $1,172.00. Indeed, when looking to rent in Hanover, MI, you can expect to pay as little as $570.00 or as much as $1,920.00, with the average rent median estimated to be $1,140.00. The good news is that finding an affordable and desirable property to rent in Hanover, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hanover, MI Land


Market Trend for Hanover, MI

Total Listings Available: 2

Market Values:

Home Prices from $14,537 to $1,748,749

Average Sales Price: $265,796

Rental Values:

Rental from $570 to $1,920

Average Rent Value: $1,172 / month

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