Hanover, VA Foreclosures
How much do homes sell for in Hanover, VA?
The average home price is currently $506,507.
What’s the average rental cost in Hanover, VA?
The average rental price in Hanover is $1,507.
What is the most expensive home in Hanover?
The most expensive home sold in Hanover had a price of $9,328,121.
What is currently the cheapest priced home in Hanover, VA?
The cheapest home for sale in Hanover is priced at $31,030.
Living in Hanover, VA
Hanover, VA, is an inviting suburban town that combines historic charm with modern conveniences. The area offers excellent educational opportunities, beautiful parks, and a variety of community events. With its friendly atmosphere and scenic beauty, Hanover is an ideal place for families and nature lovers alike.
Current Market Conditions in Hanover, VA
The current real estate market in Hanover, VA, reflects a steady demand for homes, with a balanced number of buyers and sellers. Properties are selling at a reasonable pace, and while inventory levels are modest, new listings are frequently becoming available. The area continues to attract families and retirees, contributing to a solid market presence.
Overall, the Hanover market appears stable as buyers express interest in suburban settings with access to city amenities. Some neighborhoods have seen slightly increased pricing due to demand, signaling a favorable trend for homeowners looking to invest.
Home Value Estimator For Hanover, VA
There are currently 1,479 real estate properties
in Hanover, VA,
with a median automated valuation model (AVM) price
of $416,664.00. 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, VA, 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, VA,
is $506,507.00, with the most expensive house
in Hanover, VA, topping out
at $9,328,121.00 and the cheapest home
in Hanover, VA,
clocking in at $31,030.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Hanover, VA!
Rent Prices
In Hanover, VA
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Hanover, VA, is on
a rollercoaster ride. The
average rent price in Hanover, VA,
is $1,507.00. Indeed, when looking to rent in
Hanover, VA, you can expect to pay as little
as $660.00 or as much
as $3,200.00,
with the average rent median estimated to
be $1,360.00. The good news is that finding
an affordable and desirable property to rent in Hanover, VA
-- 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.
Learn more on Foreclosure homes
