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January 2026 · Hanover
Hanover Housing Market Report for January 2026
7 residential properties closed in Hanover in January 2026. Average sold price of $531,986. 85.7% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $531,986
Median Price $495,000
Sale / List 96.6%
Over Asking 0%
Avg DOM 94 days
Total Sold
7
all residential
Avg Sold Price
$531,986
all types
Median Price
$495,000
mid-point
Sale / List
96.6%
avg ratio
Over Asking
0%
of all sales
Avg DOM
94
days on market
Prices by Property Type
Hanover · January 2026
💰 Price Summary
Average Sold $531,986
Median Sold $495,000
Avg List Price $550,943
Lowest Sale $355,000
Highest Sale $865,000
Sale / List Ratio 96.6%
📊 Competition
Sold over asking 0.0%
Sold at asking 14.3%
Sold under asking 85.7%
Avg Days on Market 94 days
Fast · 050Slow · 100+
🧊 Buyers market — 85.7% sold below asking. Avg 94 days on market.
💰 Price Summary
Average Sold $365,000
Median Sold $365,000
Avg List Price $374,900
Lowest Sale $365,000
Highest Sale $365,000
Sale / List Ratio 97.4%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 143 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 143 days on market.
💰 Price Summary
Average Sold $559,817
Median Sold $532,450
Avg List Price $580,283
Lowest Sale $355,000
Highest Sale $865,000
Sale / List Ratio 96.5%
📊 Competition
Sold over asking 0.0%
Sold at asking 16.7%
Sold under asking 83.3%
Avg Days on Market 86 days
Fast · 050Slow · 100+
🧊 Buyers market — 83.3% sold below asking. Avg 86 days on market.
🏘
No townhouse data for January 2026
There weren't enough townhouse sales in
Hanover this month to generate a summary.
🏘
No multi-unit data for January 2026
There weren't enough multi-unit sales in
Hanover this month to generate a summary.
Nearby Cities · January 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| West Grey | $729,095 | $574,000 | 92.1% | 135d | 🧊 Buyers |
| Brockton | $486,167 | $486,000 | 96.1% | 147d | 🧊 Buyers |
| Arran Elderslie | $509,250 | $516,000 | 96.4% | 138d | 🧊 Buyers |
| Minto | $737,500 | $685,000 | 91.1% | 220d | 🧊 Buyers |
Frequently Asked Questions
Hanover · January 2026
The average sold price across all residential types in Hanover was $531,986 in January 2026,
based on 7 closed transactions. The median was
$495,000.
Condos averaged $365,000, freehold averaged $559,817.
The average Hanover home took 94 days to sell in January 2026.
Freehold properties averaged 86 days while condos averaged 143 days.
In January 2026, condos averaged $365,000 while freehold homes averaged $559,817 —
a gap of $194,817.
Hanover averaged $531,986 in January 2026. West Grey averaged $729,095. Arran Elderslie averaged $509,250. See the full January 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.
