Hanover, ME Housing

The housing market in Hanover, ME is thriving. The median value of a house in Hanover is $248,100, which is significantly lower than the US median value of $338,100. This, combined with a 1 year appreciation rate of 14.68%, higher than the US rate of 8.27%, indicates that there are great opportunities for homeowners and investors alike in the Hanover area. With such attractive prices and excellent returns on investment, it is no wonder why the housing market in Hanover has been so successful.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Hanover, Maine	United States
	285.0	139,647,020.0
	39	42
	$248,100	$338,100
	20.0%	16.6%
	78.7%	57.0%
	96.2%	101.1%
	$13.01	$10.98
	$2,211	$2,690
	34.4%	57.4%
	63.2%	11.2%
	2.5%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.0%	0.4%
	62.5%	3.6%
	0.0%	4.1%
Value of Owner-Occupied Housing
	2.0%	2.6%
	0.0%	2.4%
	0.0%	2.8%
	3.1%	3.9%
	3.1%	4.5%
	21.4%	11.3%
	5.1%	13.0%
	44.9%	20.1%
	15.3%	13.6%
	0.0%	8.3%
	5.1%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	1.8%	0.2%
	25.3%	13.6%
	25.3%	13.6%
	9.5%	13.6%
	17.9%	13.2%
	7.4%	14.8%
	9.5%	13.6%
	4.6%	10.0%
	6.0%	4.7%
	21.1%	12.2%