Current Price

$432,179

1 Month Forecast

â–² $450,041

1-Year Forecast *

â–² $474,305

5-Year Forecast *

â–² $513,245

"Is it a good time to buy homes in Hanover?" "Does investing in real estate in Hanover (Minnesota State, Wright 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 Minnesota State, Wright 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 432,179 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 513,245 USD by 2031-03-03. For a 5-year investment the profit is expected to be around +18.76% meaning that investing 100000 USD today may yield a profit of 18,757 USD by 2031.

Current Median Listing Price: 432,179 USD Median Listing Price Per Square Foot: 240 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 (Minnesota 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: $474,305* (upside of 9.7%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $448,881 $447,898 $447,898 $450,924
2024 $421,251 $432,179 $421,251 $432,179
2023 $413,020 $421,242 $411,183 $421,242
2022 $404,747 $415,155 $404,747 $426,834
2021 $347,932 $401,090 $347,932 $401,090
2020 $322,109 $343,132 $322,109 $343,132
2019 $310,985 $320,884 $310,985 $320,884
2018 $295,344 $309,693 $295,344 $309,693
2017 $277,033 $294,183 $277,033 $294,183
2016 $264,802 $274,946 $264,802 $274,946
2015 $247,483 $262,794 $247,483 $262,794
2014 $237,395 $246,272 $237,395 $246,272
2013 $214,115 $236,066 $214,115 $236,066
2012 $186,746 $212,253 $186,746 $212,253

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 $432,179 USD.

What is the average price per square foot in Hanover?

According to Walletinvestor the median price per square foot in Hanover is 240 USD.

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

Yes. The Hanover home prices may rise from 432,179 USD to 474,305 USD in one year.

Is it profitable to invest in Hanover homes?

Yes. The long-term profit potential is +9.75% 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 497,352 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 555,382 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 12687. largest city in the United States, located in Minnesota State.

During the last 12 months the real estate prices in Wright, 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 4.157% to 432,179 USD, between 2025-03-03 and 2026-03-03

The average annual profit of property investment was:

  • 10.497% in 2021
  • 11.697% in 2022
  • 11.117% in 2023
  • 10.427% in 2024
  • 9.007% in 2025
  • 8.397% in 2026

Based on our Hanover real estate market research and report the predicted sales prices will increase by 153.476% in the next 10 years.

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

Hanover (Minnesota) 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 450041 424389 475693
September 2025 452194 413306 491083
October 2025 454358 423008 485709
November 2025 456532 415445 497620
December 2025 458717 415139 502295
Hanover Housing Market Forecast with Real Estate Prices for 2026
January 2026 460912 422195 499629
February 2026 463118 432552 493683
March 2026 465334 432295 498372
April 2026 467560 421272 513849
May 2026 469798 436912 502684
June 2026 472046 440419 503673
July 2026 474305 429720 518889
August 2026 476574 450839 502309
September 2026 478855 452039 505670
October 2026 481146 446022 516270
November 2026 481064 446909 515220
December 2026 479596 448902 510291
Hanover Housing Market Forecast with Real Estate Prices for 2027
January 2027 478133 449923 506343
February 2027 476674 443784 509565
March 2027 475220 440054 510386
April 2027 473770 448187 499354
May 2027 472325 431233 513417
June 2027 470884 433684 508084
July 2027 470847 428000 513694
August 2027 472249 439191 505306
September 2027 474508 436073 512944
October 2027 476779 449603 503955
November 2027 478747 445713 511780
December 2027 479510 450260 508760
Hanover Housing Market Forecast with Real Estate Prices for 2028
January 2028 480154 450865 509444
February 2028 480567 436835 524298
March 2028 480845 451994 509696
April 2028 480911 436186 525636
May 2028 480922 433311 528534
June 2028 481995 433796 530195
July 2028 483935 456351 511519
August 2028 486251 443947 528555
September 2028 487788 440960 534616
October 2028 487853 447361 528345
November 2028 486956 457739 516174
December 2028 486347 459111 513582
Hanover Housing Market Forecast with Real Estate Prices for 2029
January 2029 486745 439044 534446
February 2029 488259 446269 530250
March 2029 490394 442335 538452
April 2029 492740 459234 526247
May 2029 495098 451034 539162
June 2029 496853 468036 525671
July 2029 497352 463532 531172
August 2029 496910 460635 533184
September 2029 495645 466402 524888
October 2029 494636 445173 544100
November 2029 494013 465855 522172
December 2029 496377 466595 526160
Hanover Housing Market Forecast with Real Estate Prices for 2030
January 2030 498753 470822 526683
February 2030 501139 459044 543235
March 2030 503537 477353 529721
April 2030 505947 455858 556035
May 2030 508368 475324 541412
June 2030 510800 477088 544513
July 2030 513245 468079 558410
August 2030 515701 479086 552315
September 2030 518168 466351 569985
October 2030 520648 493574 547721
November 2030 523139 482334 563944
December 2030 525642 485168 566117
Hanover Housing Market Forecast with Real Estate Prices for 2031
January 2031 528158 491715 564601
February 2031 530685 487700 573670
March 2031 530595 479658 581532
April 2031 528976 501469 556483
May 2031 527362 485700 569024
June 2031 525753 477384 574122
July 2031 524149 494272 554025
August 2031 522550 487539 557561
September 2031 520956 492824 549087
October 2031 519366 468468 570264
November 2031 519325 475183 563468
December 2031 520872 468784 572959
Hanover Housing Market Forecast with Real Estate Prices for 2032
January 2032 523364 482018 564710
February 2032 525868 493790 557946
March 2032 528039 492660 563417
April 2032 528881 499792 557969
May 2032 529591 482987 576195
June 2032 530046 479162 580931
July 2032 530353 488985 571720

> 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.