Photo: JFVoll · CC BY-SA 4.0Homes in Hanover are worth 42% less than the median of Ontario’s towns
The census median was $400,000 in 2021, against $695,000 for Ontario’s towns. Self-assessed in May 2021, these values predate the rate rises that followed. No sales are published for towns in Ontario, Hanover included, so owners’ values are the measure.
Hanover’s homes, by two sources
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario.
median, owners’ estimate
- Average
- $449K
- Owners
- 2,210
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
A detached house in Hanover is assessed 19% lower than across Ontario’s towns
Detached houses account for 81% of the 2,800 properties on Hanover’s 2024 roll; condos for 3%.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
Before 1961: 32% of the homes in Hanover, where Ontario’s towns have 22%
At the 2021 census, 64% of Hanover’s 3,445 occupied homes were single-detached houses.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Hanover | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 4% | 7% | 8% |
| Needing major repairs | 7% | 6% | 6% |
| Too small for the household | 3% | 5% | 3% |
| Households in core housing need | 6% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Building ahead of Ontario’s towns: 19.5 new homes a year per 1,000 in Hanover, against 15
Over 2018–2023, 380 homes were permitted in Hanover, close to 63 each year. The mix: 23% in single-unit buildings, beside 66% for Ontario’s towns.
The busiest year: 2022, with 173 new homes
New homes a year per 1,000 homes
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Hanover against Ontario’s towns: 42% under the $695,000 median
The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Hanover’s neighbours by home value
Next to Hanover: 2021 census values and the share of owners.
Questions about property prices in Hanover
Is Hanover expensive for Ontario?
No: Hanover’s census median is below the $695,000 of Ontario’s towns.
How many households in Hanover are in core housing need?
6% of Hanover’s households, under the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).