Hanover, MI (49241) has a housing median value of $200,600, which is significantly lower than the US median house value of $338,100. In the past year, house appreciation in Hanover was 9.09%, slightly above the nation-wide figure of 8.27%. This rapid growth in housing prices indicate that investing in property in Hanover could be an attractive option for potential buyers.
The median home cost in Hanover (zip 49241) is $200,600. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Hanover (zip 49241) is up 16.2%.
Average Age of Homes
- The median age of Hanover (zip 49241) real estate is 41 years old
The Rental Market in Hanover (zip 49241)
- Renters make up 6.2% of the Hanover (zip 49241) population
- 0.0% of houses and apartments in Hanover (zip 49241), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.