Current Price

$94,264

1 Month Forecast

â–² $123,333

1-Year Forecast *

â–² $126,633

5-Year Forecast *

â–² $133,608

"Is it a good time to buy homes in Hanover?" "Does investing in real estate in Hanover (Illinois State, Jo Daviess County) worth it?" According to our live Forecast System, buying a house in Hanover is a very good short-term (1-year) investment*. The Hanover average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Hanover" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Hanover in Illinois State, Jo Daviess County. If you are looking for homes for sale with good flipping profit, Hanover can be a profitable property investment option. The median price of an average house in Hanover was 94,264 USD on 2026-03-03. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hanover" area is 133,608 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +41.74% meaning that investing 100000 USD today may yield a profit of 41,738 USD by 2031.

Current Median Listing Price: 94,264 USD Median Listing Price Per Square Foot: 52 USD

Hanover Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Hanover (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Hanover Price Target

Hanover median home price target in 12 months: $126,633* (upside of 34.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $123,559 $124,237 $123,559 $125,104
2024 $92,994 $94,264 $92,994 $99,242
2023 $94,325 $93,311 $93,311 $97,367
2022 $0 $93,233 $0 $93,233
2021 $0 $0 $0 $0
2020 $0 $0 $0 $0
2019 $0 $0 $0 $0
2018 $0 $0 $0 $0
2017 $0 $0 $0 $0
2016 $0 $0 $0 $0
2015 $0 $0 $0 $0
2014 $0 $0 $0 $0
2013 $0 $0 $0 $0
2012 $0 $0 $0 $0

Questions & Answers about the Hanover Housing Market Forecast

How much does an average home cost in Hanover today?

The value of an average home (the listing price) in Hanover is $94,264 USD.

What is the average price per square foot in Hanover?

According to Walletinvestor the median price per square foot in Hanover is 52 USD.

Will the median listing price of homes in Hanover grow / rise / go up?

Yes. The Hanover home prices may rise from 94,264 USD to 126,633 USD in one year.

Is it profitable to invest in Hanover homes?

Yes. The long-term profit potential is +34.34% in one year.

Will Hanover house prices fall / drop?

No. See above.

What is the predicted price of a Hanover home in 2030?

The predicted home sales price of a Hanover home in 2030 in Hanover is 128,189 USD.

What is the predicted price of a Hanover home in 2035?

The predicted home sales price of a Hanover home in 2035 in Hanover is 141,440 USD.

Will real estate prices decrease in Hanover?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Hanover is the 18211. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Jo Daviess, Hanover decreased, looking at the past 12 months.

According to Walletinvestor's Hanover real estate market research, home values will increase in the next 12 months.

Median home values decreased by 24.651% to 94,264 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 33.748% in 2021
  • 34.218% in 2022
  • 33.788% in 2023
  • 32.638% in 2024
  • 33.208% in 2025
  • 34.038% in 2026

Based on our Hanover real estate market research and report the predicted sales prices will increase by 1,814.263% in the next 10 years.

Over the last 12 months, the value of homes in Hanover fluctuated: increasing 2 times and decreasing 2 times.

Hanover (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Hanover Housing Market Forecast with Real Estate Prices for 2025
August 2025 123333 111493 135173
September 2025 122528 114563 130492
October 2025 121734 109926 133542
November 2025 122188 111924 132451
December 2025 123090 113489 132691
Hanover Housing Market Forecast with Real Estate Prices for 2026
January 2026 123114 113019 133209
February 2026 122511 114181 130842
March 2026 122429 115084 129775
April 2026 123396 116362 130429
May 2026 124641 112550 136731
June 2026 126101 119417 132784
July 2026 126633 113970 139296
August 2026 127383 120377 134389
September 2026 127392 117710 137074
October 2026 128376 121187 135565
November 2026 129237 119932 138542
December 2026 130167 122097 138238
Hanover Housing Market Forecast with Real Estate Prices for 2027
January 2027 129444 118959 139929
February 2027 127691 116454 138928
March 2027 126217 116877 135557
April 2027 125557 119279 131835
May 2027 124744 113767 135722
June 2027 124320 114623 134017
July 2027 124733 114380 135086
August 2027 127126 116702 137551
September 2027 129189 119241 139136
October 2027 130716 120520 140912
November 2027 132072 122167 141978
December 2027 132674 120866 144482
Hanover Housing Market Forecast with Real Estate Prices for 2028
January 2028 132396 119818 144973
February 2028 129941 121624 138257
March 2028 127982 117616 138349
April 2028 126428 115050 137807
May 2028 126019 118836 133202
June 2028 129285 118683 139886
July 2028 130287 117649 142925
August 2028 130902 118204 143599
September 2028 130083 118115 142051
October 2028 130122 120363 139882
November 2028 129913 117052 142774
December 2028 129994 118555 141434
Hanover Housing Market Forecast with Real Estate Prices for 2029
January 2029 129049 117177 140922
February 2029 128206 117180 139232
March 2029 127376 118077 136674
April 2029 127850 117366 138334
May 2029 128794 121711 135878
June 2029 128819 116710 140928
July 2029 128189 116139 140239
August 2029 128103 115677 140529
September 2029 129114 118010 140218
October 2029 130417 120505 140328
November 2029 131944 119410 144479
December 2029 132501 125744 139259
Hanover Housing Market Forecast with Real Estate Prices for 2030
January 2030 133286 124756 141817
February 2030 133296 121832 144759
March 2030 134325 126669 141982
April 2030 135226 124138 146315
May 2030 136199 127619 144780
June 2030 135443 123118 147768
July 2030 133608 121851 145366
August 2030 132067 120973 143160
September 2030 131376 120603 142148
October 2030 130525 122955 138096
November 2030 130082 122927 137236
December 2030 130514 118376 142651
Hanover Housing Market Forecast with Real Estate Prices for 2031
January 2031 133018 124771 141265
February 2031 135176 127471 142881
March 2031 136773 128567 144980
April 2031 138193 125203 151183
May 2031 138822 128688 148956
June 2031 138531 129250 147813
July 2031 135962 128213 143712
August 2031 133913 122531 145296
September 2031 132287 122498 142077
October 2031 131859 125266 138452
November 2031 135276 121749 148804
December 2031 136325 129100 143550
Hanover Housing Market Forecast with Real Estate Prices for 2032
January 2032 136968 123408 150528
February 2032 136111 128353 143870
March 2032 136153 122537 149768
April 2032 135933 123563 148303
May 2032 136018 123641 148396
June 2032 135030 126253 143806
July 2032 134147 125964 142330

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.