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February 2026 · Hanover
Hanover Housing Market Report for February 2026
4 residential properties closed in Hanover in February 2026. Average sold price of $493,500. 100% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $493,500
Median Price $424,500
Sale / List 93.8%
Over Asking 0%
Avg DOM 149 days
Total Sold
4
all residential
Avg Sold Price
$493,500
all types
Median Price
$424,500
mid-point
Sale / List
93.8%
avg ratio
Over Asking
0%
of all sales
Avg DOM
149
days on market
Prices by Property Type
Hanover · February 2026
💰 Price Summary
Average Sold $493,500
Median Sold $424,500
Avg List Price $525,950
Lowest Sale $400,000
Highest Sale $725,000
Sale / List Ratio 93.8%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 149 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 149 days on market.
🏘
No condo data for February 2026
There weren't enough condo sales in
Hanover this month to generate a summary.
💰 Price Summary
Average Sold $493,500
Median Sold $424,500
Avg List Price $525,950
Lowest Sale $400,000
Highest Sale $725,000
Sale / List Ratio 93.8%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 149 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 149 days on market.
🏘
No townhouse data for February 2026
There weren't enough townhouse sales in
Hanover this month to generate a summary.
🏘
No multi-unit data for February 2026
There weren't enough multi-unit sales in
Hanover this month to generate a summary.
Nearby Cities · February 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| West Grey | $867,583 | $732,500 | 95.8% | 153d | 🧊 Buyers |
| Brockton | $512,000 | $540,000 | 93.8% | 187d | 🧊 Buyers |
| Arran Elderslie | $472,650 | $460,000 | 94.9% | 157d | 🧊 Buyers |
| Minto | $338,500 | $375,000 | 94.7% | 99d | 🧊 Buyers |
Frequently Asked Questions
Hanover · February 2026
The average sold price across all residential types in Hanover was $493,500 in February 2026,
based on 4 closed transactions. The median was
$424,500.
The average Hanover home took 149 days to sell in February 2026.
Hanover averaged $493,500 in February 2026. Brockton averaged $512,000. Arran Elderslie averaged $472,650. See the full February 2026 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.
