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July 2025 · Hanover
Hanover Housing Market Report for July 2025
13 residential properties closed in Hanover in July 2025. Average sold price of $509,962. 76.9% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $509,962
Median Price $535,000
Sale / List 97.1%
Over Asking 23.1%
Avg DOM 133 days
Total Sold
13
all residential
Avg Sold Price
$509,962
all types
Median Price
$535,000
mid-point
Sale / List
97.1%
avg ratio
Over Asking
23.1%
of all sales
Avg DOM
133
days on market
Prices by Property Type
Hanover · July 2025
💰 Price Summary
Average Sold $509,962
Median Sold $535,000
Avg List Price $525,231
Lowest Sale $315,000
Highest Sale $860,000
Sale / List Ratio 97.1%
📊 Competition
Sold over asking 23.1%
Sold at asking 0.0%
Sold under asking 76.9%
Avg Days on Market 133 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.9% sold below asking. Avg 133 days on market.
🏘
No condo data for July 2025
There weren't enough condo sales in
Hanover this month to generate a summary.
💰 Price Summary
Average Sold $509,962
Median Sold $535,000
Avg List Price $525,231
Lowest Sale $315,000
Highest Sale $860,000
Sale / List Ratio 97.1%
📊 Competition
Sold over asking 23.1%
Sold at asking 0.0%
Sold under asking 76.9%
Avg Days on Market 133 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.9% sold below asking. Avg 133 days on market.
🏘
No townhouse data for July 2025
There weren't enough townhouse sales in
Hanover this month to generate a summary.
🏘
No multi-unit data for July 2025
There weren't enough multi-unit sales in
Hanover this month to generate a summary.
Nearby Cities · July 2025
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| West Grey | $875,925 | $687,500 | 97.6% | 95d | 🧊 Buyers |
| Brockton | $586,250 | $587,500 | 95.8% | 80d | 🧊 Buyers |
| Arran Elderslie | $517,639 | $445,000 | 97.1% | 75d | 🧊 Buyers |
| Minto | $720,136 | $635,000 | 96.2% | 107d | 🧊 Buyers |
Frequently Asked Questions
Hanover · July 2025
The average sold price across all residential types in Hanover was $509,962 in July 2025,
based on 13 closed transactions. The median was
$535,000.
The average Hanover home took 133 days to sell in July 2025.
Hanover averaged $509,962 in July 2025. Arran Elderslie averaged $517,639. See the full July 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.
