Hanover County, VA Real Estate & Property Data

Hanover County Real Estate Market Trends
Last Updated: April 26, 2024

With up-to-date real estate data get detailed insight into Hanover County, VA sourced from the nation’s leading property data provider. The current median home price in Hanover County, VA is $420,000. Hanover County real estate data shows that there have been a total of 1,775 residential properties sold over the past 12 months. ATTOM’s Hanover County real estate data indicates that the county has 3 properties in foreclosure.

Hanover County Real Estate Market Trends
Total Residential Properties 46,455
Total Commercial Properties 2,443
Avg. Home Age (Single Family Home) 35 Years
Avg. Square Feet (Single Family Home) 2,082
Total 2024 Residential Sales (year-to-date) 200
% of Homes Seriously Underwater (Q2 2024) 0.53%
Total 2023 Residential Sales 1,674
% of Equity Rich Homes (Q2 2024) 40.7%
Effective 2023 Property Tax 0.65%
Total Foreclosure Filings (year-to-date) 4
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Hanover County, VA Real Estate Overview

There were 1,775 residential properties sold in the past year in Hanover County, VA. The median home value in Hanover County, VA is $407,296. There are a total of 46,455 residential properties in the Hanover.

Median Sales Price i
$420,000
(Feb 2024)
-0.7%
year-over-year
y-o-y
  • February '24 Feb '24 $420,000
  • January '24 Jan '24 $447,500
  • December '23 Dec '23 $444,500
  • November '23 Nov '23 $440,000
  • October '23 Oct '23 $445,000
  • September '23 Sep '23 $430,000
  • August '23 Aug '23 $413,000
  • July '23 Jul '23 $393,895
  • June '23 Jun '23 $429,000
  • May '23 May '23 $385,777
  • April '23 Apr '23 $392,000
  • March '23 Mar '23 $416,700
Median Down Payment i
$75,900
(Feb 2024)
+43.2%
year-over-year
y-o-y
  • February '24 Feb '24 $75,900
  • January '24 Jan '24 $65,000
  • December '23 Dec '23 $50,000
  • November '23 Nov '23 $88,990
  • October '23 Oct '23 $72,000
  • September '23 Sep '23 $73,600
  • August '23 Aug '23 $71,469
  • July '23 Jul '23 $56,000
  • June '23 Jun '23 $56,500
  • May '23 May '23 $65,707
  • April '23 Apr '23 $46,000
  • March '23 Mar '23 $53,300
Number of Homes Sold i
103
(Feb 2024)
-27.5%
year-over-year
y-o-y
  • February '24 Feb '24 103
  • January '24 Jan '24 97
  • December '23 Dec '23 92
  • November '23 Nov '23 142
  • October '23 Oct '23 149
  • September '23 Sep '23 118
  • August '23 Aug '23 168
  • July '23 Jul '23 128
  • June '23 Jun '23 189
  • May '23 May '23 170
  • April '23 Apr '23 121
  • March '23 Mar '23 156
Number of Purchase Loans i
85
(Feb 2024)
-15.8%
year-over-year
y-o-y
  • February '24 Feb '24 85
  • January '24 Jan '24 71
  • December '23 Dec '23 82
  • November '23 Nov '23 93
  • October '23 Oct '23 117
  • September '23 Sep '23 105
  • August '23 Aug '23 148
  • July '23 Jul '23 111
  • June '23 Jun '23 169
  • May '23 May '23 126
  • April '23 Apr '23 97
  • March '23 Mar '23 126
Number of REFI Loans i
70
(Feb 2024)
+79.5%
year-over-year
y-o-y
  • February '24 Feb '24 70
  • January '24 Jan '24 51
  • December '23 Dec '23 69
  • November '23 Nov '23 57
  • October '23 Oct '23 79
  • September '23 Sep '23 70
  • August '23 Aug '23 81
  • July '23 Jul '23 81
  • June '23 Jun '23 58
  • May '23 May '23 84
  • April '23 Apr '23 58
  • March '23 Mar '23 75
Number of HELOC Loans i
52
(Feb 2024)
+4%
year-over-year
y-o-y
  • February '24 Feb '24 52
  • January '24 Jan '24 52
  • December '23 Dec '23 29
  • November '23 Nov '23 42
  • October '23 Oct '23 52
  • September '23 Sep '23 54
  • August '23 Aug '23 48
  • July '23 Jul '23 43
  • June '23 Jun '23 56
  • May '23 May '23 53
  • April '23 Apr '23 43
  • March '23 Mar '23 50

Hanover County, VA Real Estate Market Overview

Last 30 days
  • City
    Median Est. Value
  • City
    Median Est. Value
  • City
    Median Est. Value

Hanover County, VA Foreclosure Activity

There were a total of 3 Hanover County, VA properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
3
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 1
  • December '23 Dec '23 6
  • November '23 Nov '23 7
  • October '23 Oct '23 8
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 6
  • June '23 Jun '23 6
  • May '23 May '23 14
  • April '23 Apr '23 7
  • March '23 Mar '23 9
Foreclosure Starts i
3
(Feb 2024)
year-over-year
y-o-y
  • February '24 Feb '24 3
  • January '24 Jan '24 1
  • December '23 Dec '23 6
  • November '23 Nov '23 7
  • October '23 Oct '23 8
  • September '23 Sep '23 4
  • August '23 Aug '23 4
  • July '23 Jul '23 6
  • June '23 Jun '23 6
  • May '23 May '23 14
  • April '23 Apr '23 7
  • March '23 Mar '23 9
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 N/A
  • August '23 Aug '23 1
  • July '23 Jul '23 N/A
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 3
  • March '23 Mar '23 N/A
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