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December 2025 · Hanover
Hanover Housing Market Report for December 2025
13 residential properties closed in Hanover in December 2025. Average sold price of $517,638. 76.9% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $517,638
Median Price $477,500
Sale / List 97.3%
Over Asking 15.4%
Avg DOM 130 days
Total Sold
13
all residential
Avg Sold Price
$517,638
all types
Median Price
$477,500
mid-point
Sale / List
97.3%
avg ratio
Over Asking
15.4%
of all sales
Avg DOM
130
days on market
Prices by Property Type
Hanover · December 2025
💰 Price Summary
Average Sold $517,638
Median Sold $477,500
Avg List Price $532,092
Lowest Sale $370,000
Highest Sale $825,000
Sale / List Ratio 97.3%
📊 Competition
Sold over asking 15.4%
Sold at asking 7.7%
Sold under asking 76.9%
Avg Days on Market 130 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.9% sold below asking. Avg 130 days on market.
🏘
No condo data for December 2025
There weren't enough condo sales in
Hanover this month to generate a summary.
💰 Price Summary
Average Sold $512,409
Median Sold $455,000
Avg List Price $529,764
Lowest Sale $370,000
Highest Sale $825,000
Sale / List Ratio 96.7%
📊 Competition
Sold over asking 9.1%
Sold at asking 0.0%
Sold under asking 90.9%
Avg Days on Market 129 days
Fast · 050Slow · 100+
🧊 Buyers market — 90.9% sold below asking. Avg 129 days on market.
💰 Price Summary
Average Sold $546,400
Median Sold $546,400
Avg List Price $544,900
Lowest Sale $532,900
Highest Sale $559,900
Sale / List Ratio 100.3%
📊 Competition
Sold over asking 50.0%
Sold at asking 50.0%
Sold under asking 0.0%
Avg Days on Market 141 days
Fast · 050Slow · 100+
🔥 Sellers market — 50% sold above asking at a 100.28% sale-to-list ratio.
🏘
No multi-unit data for December 2025
There weren't enough multi-unit sales in
Hanover this month to generate a summary.
Nearby Cities · December 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| West Grey | $754,370 | $724,950 | 93.6% | 125d | 🧊 Buyers |
| Brockton | $567,400 | $533,000 | 97.8% | 94d | 🧊 Buyers |
| Arran Elderslie | $584,500 | $470,500 | 96.9% | 79d | 🧊 Buyers |
| Minto | $535,315 | $499,900 | 93.0% | 89d | 🧊 Buyers |
Frequently Asked Questions
Hanover · December 2025
The average sold price across all residential types in Hanover was $517,638 in December 2025,
based on 13 closed transactions. The median was
$477,500.
The average Hanover home took 130 days to sell in December 2025.
Hanover averaged $517,638 in December 2025. Minto averaged $535,315. See the full December 2025 Ontario summary →
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Data note: Based on MLS® resale transaction data held in our system for Hanover, Ontario. Not official TRREB or CREA data. For general research only — consult a licensed real estate professional before making decisions.
