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May 2026 · Hanover
Hanover Sold Home Prices for May 2026
16 residential properties closed in Hanover in May 2026. Average sold price of $463,569. 68.8% of homes sold below asking — buyers have negotiating leverage.
Avg Sold Price $463,569
Median Price $454,900
Sale / List 97.8%
Over Asking 6.3%
Avg DOM 69 days
Previous Months
Total Sold
16
all residential
Avg Sold Price
$463,569
all types
Median Price
$454,900
mid-point
Sale / List
97.8%
avg ratio
Over Asking
6.3%
of all sales
Avg DOM
69
days on market
Prices by Property Type
Hanover · May 2026
💰 Price Summary
Average Sold $463,569
Median Sold $454,900
Avg List Price $473,869
Lowest Sale $300,000
Highest Sale $597,500
Sale / List Ratio 97.8%
📊 Competition
Sold over asking 6.3%
Sold at asking 25.0%
Sold under asking 68.8%
Avg Days on Market 69 days
Fast · 050Slow · 100+
🧊 Buyers market — 68.8% sold below asking. Avg 69 days on market.
🏘
No condo data for May 2026
There weren't enough condo sales in
Hanover this month to generate a summary.
💰 Price Summary
Average Sold $460,746
Median Sold $449,900
Avg List Price $473,923
Lowest Sale $300,000
Highest Sale $585,000
Sale / List Ratio 97.2%
📊 Competition
Sold over asking 0.0%
Sold at asking 23.1%
Sold under asking 76.9%
Avg Days on Market 52 days
Fast · 050Slow · 100+
🧊 Buyers market — 76.9% sold below asking. Avg 52 days on market.
💰 Price Summary
Average Sold $548,700
Median Sold $548,700
Avg List Price $525,950
Lowest Sale $499,900
Highest Sale $597,500
Sale / List Ratio 104.3%
📊 Competition
Sold over asking 50.0%
Sold at asking 50.0%
Sold under asking 0.0%
Avg Days on Market 204 days
Fast · 050Slow · 100+
🔥 Sellers market — 50% sold above asking at a 104.33% sale-to-list ratio.
💰 Price Summary
Average Sold $330,000
Median Sold $330,000
Avg List Price $369,000
Lowest Sale $330,000
Highest Sale $330,000
Sale / List Ratio 89.4%
📊 Competition
Sold over asking 0.0%
Sold at asking 0.0%
Sold under asking 100.0%
Avg Days on Market 23 days
Fast · 050Slow · 100+
🧊 Buyers market — 100% sold below asking. Avg 23 days on market.
Nearby Cities · May 2026
Average sold price across all residential property types
| City | Avg Sold | Median | Sale / List | DOM | Conditions |
|---|---|---|---|---|---|
| West Grey | $637,313 | $530,000 | 100.1% | 46d | 🧊 Buyers |
| Brockton | $534,092 | $520,000 | 96.9% | 66d | 🧊 Buyers |
| Arran Elderslie | $532,250 | $530,000 | 98.2% | 51d | 🧊 Buyers |
| Minto | $582,578 | $520,000 | 97.6% | 65d | 🧊 Buyers |
Frequently Asked Questions
Hanover · May 2026
The average sold price across all residential types in Hanover was $463,569 in May 2026,
based on 16 closed transactions. The median was
$454,900.
The average Hanover home took 69 days to sell in May 2026.
Hanover averaged $463,569 in May 2026. Arran Elderslie averaged $532,250. See the full May 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.
