Current Price

$306,029

1 Month Forecast

â–² $307,432

1-Year Forecast *

â–² $317,942

5-Year Forecast *

â–² $363,833

"Is it a good time to buy homes in Hanover?" "Does investing in real estate in Hanover (Ohio State, Licking County) worth it?" According to our live Forecast System, buying a house in Hanover is a not so 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 Ohio State, Licking 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 306,029 USD on 2026-03-04. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hanover" area is 363,833 USD by 2031-03-04. For a 5-year investment the profit is expected to be around +18.89% meaning that investing 100000 USD today may yield a profit of 18,888 USD by 2031.

Current Median Listing Price: 306,029 USD Median Listing Price Per Square Foot: 170 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 (Ohio 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: $317,942* (upside of 3.9%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2024 $295,092 $306,029 $295,092 $306,029
2023 $275,676 $294,350 $274,989 $294,350
2022 $251,032 $276,761 $251,032 $279,322
2021 $228,333 $248,024 $228,333 $248,024
2020 $204,587 $225,824 $204,587 $225,824
2019 $191,395 $204,479 $191,395 $204,479
2018 $183,994 $190,687 $182,719 $191,221
2017 $175,762 $184,431 $174,526 $184,431
2016 $200,664 $177,264 $177,264 $201,883
2015 $181,568 $200,040 $181,568 $200,040
2014 $154,590 $178,757 $154,590 $178,757
2013 $142,848 $152,408 $142,223 $152,408
2012 $144,396 $143,395 $142,448 $145,006

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 $306,029 USD.

What is the average price per square foot in Hanover?

According to Walletinvestor the median price per square foot in Hanover is 170 USD.

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

Yes. The Hanover home prices may rise from 306,029 USD to 317,942 USD in one year.

Is it profitable to invest in Hanover homes?

Yes. The long-term profit potential is +3.89% 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 350,201 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 413,006 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 25679. largest city in the United States, located in Ohio State.

During the last 12 months the real estate prices in Licking, Hanover remained stable, 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 remained unchanged to 306,029 USD, between 2025-03-04 and 2026-03-04

The average annual profit of property investment was:

  • 2.913% in 2021
  • 3.263% in 2022
  • 3.913% in 2023
  • 1.893% in 2024
  • 4.763% in 2025
  • 4.483% in 2026

Based on our Hanover real estate market research and report the predicted sales prices will increase by 46.504% in the next 10 years.

Hanover (Ohio) 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
January 2025 307432 285297 329567
February 2025 308841 282590 335093
March 2025 310257 285436 335078
April 2025 311679 289550 333808
May 2025 312008 285799 338217
June 2025 311330 281443 341218
July 2025 311078 287125 335031
August 2025 312178 281273 343084
September 2025 313609 282876 344343
October 2025 315047 287008 343086
November 2025 316491 287690 345292
December 2025 317942 297594 338290
Hanover Housing Market Forecast with Real Estate Prices for 2026
January 2026 319399 287779 351020
February 2026 320863 300328 341399
March 2026 322334 300416 344253
April 2026 323812 306974 340650
May 2026 324870 297581 352159
June 2026 324165 297583 350746
July 2026 323461 302436 344486
August 2026 323046 295587 350505
September 2026 322344 292689 352000
October 2026 321644 301381 341908
November 2026 320946 302010 339882
December 2026 321606 294270 348943
Hanover Housing Market Forecast with Real Estate Prices for 2027
January 2027 323080 301111 345050
February 2027 324561 302816 346307
March 2027 326049 298009 354089
April 2027 327544 297737 357350
May 2027 329045 307986 350104
June 2027 330462 308982 351942
July 2027 331647 310753 352541
August 2027 332538 309925 355150
September 2027 333193 310203 356184
October 2027 334034 312989 355078
November 2027 335188 315412 354964
December 2027 336724 308439 365009
Hanover Housing Market Forecast with Real Estate Prices for 2028
January 2028 338268 310192 366344
February 2028 339539 314752 364325
March 2028 340588 313681 367494
April 2028 341619 317022 366215
May 2028 342565 318585 366544
June 2028 342970 324793 361147
July 2028 343285 320284 366285
August 2028 344274 326716 361832
September 2028 345428 316067 374790
October 2028 347012 318210 375814
November 2028 348603 315137 382068
December 2028 350201 324986 375415
Hanover Housing Market Forecast with Real Estate Prices for 2029
January 2029 351806 322254 381358
February 2029 352177 333159 371194
March 2029 351412 330679 372145
April 2029 351127 323388 378866
May 2029 352369 322770 381968
June 2029 353984 331329 376639
July 2029 355607 327514 383700
August 2029 357237 338661 375813
September 2029 358875 334112 383637
October 2029 360520 331318 389722
November 2029 362173 340804 383541
December 2029 363833 336909 390756
Hanover Housing Market Forecast with Real Estate Prices for 2030
January 2030 365501 334068 396934
February 2030 366695 343593 389797
March 2030 365899 334431 397366
April 2030 365104 343198 387010
May 2030 364636 339112 390161
June 2030 363844 334737 392952
July 2030 363054 336188 389920
August 2030 362266 343428 381104
September 2030 363011 330703 395319
October 2030 364675 336960 392390
November 2030 366347 339970 392723
December 2030 368026 346680 389371
Hanover Housing Market Forecast with Real Estate Prices for 2031
January 2031 369713 335330 404096
February 2031 371408 337610 405206
March 2031 373007 352491 393522
April 2031 374345 338782 409907
May 2031 375350 340442 410257
June 2031 376090 349387 402792
July 2031 377038 352531 401546
August 2031 378341 345804 410878
September 2031 380075 359931 400219
October 2031 381818 350890 412745
November 2031 383252 359873 406630
December 2031 384436 357141 411731

> 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.