Current Price

$526,783

1 Month Forecast

â–² $544,669

1-Year Forecast *

â–² $566,555

5-Year Forecast *

â–² $609,936

"Is it a good time to buy homes in Hanover?" "Does investing in real estate in Hanover (Maryland State, Anne Arundel County) worth it?" According to our live Forecast System, buying a house in Hanover is a acceptable 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 Maryland State, Anne Arundel 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 526,783 USD on 2026-03-02. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hanover" area is 609,936 USD by 2031-03-02. For a 5-year investment the profit is expected to be around +15.78% meaning that investing 100000 USD today may yield a profit of 15,785 USD by 2031.

Current Median Listing Price: 526,783 USD Median Listing Price Per Square Foot: 293 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 (Maryland 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: $566,555* (upside of 7.5%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $544,493 $542,537 $542,537 $545,810
2024 $511,523 $526,783 $511,523 $526,783
2023 $502,849 $511,454 $502,849 $512,149
2022 $481,508 $502,713 $481,508 $509,935
2021 $435,543 $477,421 $435,543 $477,421
2020 $407,870 $430,908 $407,870 $430,908
2019 $400,669 $405,978 $400,669 $405,978
2018 $397,260 $400,225 $397,260 $400,225
2017 $389,128 $396,301 $389,128 $396,301
2016 $385,406 $387,188 $383,754 $387,188
2015 $382,238 $384,100 $379,954 $384,100
2014 $373,400 $381,169 $373,400 $381,169
2013 $359,400 $371,511 $359,400 $371,511
2012 $338,793 $357,481 $338,793 $357,481

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 $526,783 USD.

What is the average price per square foot in Hanover?

According to Walletinvestor the median price per square foot in Hanover is 293 USD.

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

Yes. The Hanover home prices may rise from 526,783 USD to 566,555 USD in one year.

Is it profitable to invest in Hanover homes?

Yes. The long-term profit potential is +7.55% 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 596,892 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 659,097 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 3158. largest city in the United States, located in Maryland State.

During the last 12 months the real estate prices in Anne Arundel, 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 3.486% to 526,783 USD, between 2025-03-02 and 2026-03-02

The average annual profit of property investment was:

  • 9.110% in 2021
  • 7.390% in 2022
  • 6.920% in 2023
  • 6.740% in 2024
  • 8.870% in 2025
  • 6.280% in 2026

Based on our Hanover real estate market research and report the predicted sales prices will increase by 107.063% in the next 10 years.

Over the last 12 months, the value of homes in Hanover fluctuated: decreasing 4 times.

Hanover (Maryland) 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 544669 508720 580617
September 2025 546809 500330 593287
October 2025 548957 506687 591227
November 2025 551114 517496 584732
December 2025 553279 525062 581496
Hanover Housing Market Forecast with Real Estate Prices for 2026
January 2026 554077 508643 599511
February 2026 555555 512777 598332
March 2026 557737 518138 597337
April 2026 559929 518494 601364
May 2026 562129 510413 613845
June 2026 564337 521448 607227
July 2026 566555 516131 616978
August 2026 568781 532379 605183
September 2026 571015 532186 609845
October 2026 573259 527398 619120
November 2026 573992 527499 620486
December 2026 572610 537108 608112
Hanover Housing Market Forecast with Real Estate Prices for 2027
January 2027 571231 514108 628354
February 2027 569855 514009 625701
March 2027 568678 536263 601092
April 2027 568786 537502 600069
May 2027 568940 534803 603076
June 2027 569540 522268 616812
July 2027 570146 532516 607776
August 2027 571621 536180 607061
September 2027 573449 543630 603269
October 2027 575703 530798 620607
November 2027 577323 542106 612540
December 2027 578708 538777 618639
Hanover Housing Market Forecast with Real Estate Prices for 2028
January 2028 579179 542112 616247
February 2028 579396 537100 621692
March 2028 578966 521070 636863
April 2028 578610 538108 619113
May 2028 578688 535287 622090
June 2028 580784 551744 609823
July 2028 583066 529424 636708
August 2028 585356 538528 632185
September 2028 587207 542579 631834
October 2028 587074 537173 636975
November 2028 586362 534176 638548
December 2028 586389 529509 643269
Hanover Housing Market Forecast with Real Estate Prices for 2029
January 2029 587837 557269 618405
February 2029 589732 550220 629244
March 2029 591713 550885 632542
April 2029 593122 558127 628116
May 2029 595452 549007 641897
June 2029 596476 563670 629282
July 2029 596892 544962 648821
August 2029 596812 559213 634412
September 2029 595751 548091 643412
October 2029 594371 539689 649053
November 2029 593312 561273 625351
December 2029 595643 559309 631978
Hanover Housing Market Forecast with Real Estate Prices for 2030
January 2030 597984 562703 633265
February 2030 600333 557710 642957
March 2030 602692 547847 657537
April 2030 605060 563311 646809
May 2030 605932 545339 666525
June 2030 607548 572311 642786
July 2030 609936 575779 644092
August 2030 612332 554160 670503
September 2030 614738 556952 672523
October 2030 617153 568398 665908
November 2030 619578 585501 653655
December 2030 622012 571629 672395
Hanover Housing Market Forecast with Real Estate Prices for 2031
January 2031 624456 592609 656303
February 2031 626910 582399 671420
March 2031 627712 573728 681695
April 2031 626200 572973 679427
May 2031 624692 567845 681539
June 2031 623187 562115 684260
July 2031 621899 571526 672273
August 2031 622018 580342 663693
September 2031 622186 575522 668850
October 2031 622842 573638 672047
November 2031 623505 569884 677127
December 2031 625118 587611 662625
Hanover Housing Market Forecast with Real Estate Prices for 2032
January 2032 627118 571932 682304
February 2032 629582 572290 686874
March 2032 631354 592210 670498
April 2032 632869 571481 694257
May 2032 633384 577646 689122
June 2032 633621 588000 679242
July 2032 633151 591363 674939

> 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.