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Hanover High School ComplexHanover High School Complex · Photo: kennethaw88 · CC BY 4.0
Housing in Hanover Township

44 homes sold in Hanover Township in the last year, at a typical $363K

Redfin reports Hanover Township’s sales by ZIP code, so these figures are for ZIP 49246, which takes in Hanover Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Hanover Township homes are listed.

Homes for sale in Hanover TownshipZillowRealtor.comMore places to look ↓
Homes sold
44
ZIP 49246 · June 2025 to May 2026
Typical sale price
$363K
median, weighted by sales
Price per square foot
$203
Michigan $172
Paid vs. asking
96.6%
20% sold over asking
For sale now
15
May 2026 · 4 sold that month
What sold · last 12 months · ZIP 49246

Houses are 100% of Hanover Township’s sales, at a typical $363K

44 homes sold in the year to May 2026.

Houses$363K

typical sale · 44 sold in 12 months

Per square foot
$203MI $172
Days to sell
85
Sold over asking
20%
14 years of sales

About as many homes sell as usual, at twice the 2016 price

44 sales in the last year, against 72 in 2013 and a low of 28 in 2023. The typical sale went from $171K in 2016 to $363K.

Homes soldTypical sale price
0255075100$100K$200K$300K$400K2012: 37 sold, typical $93K’122013: 72 sold, typical $147K2014: 67 sold, typical $124K’142015: 62 sold, typical $142K2016: 55 sold, typical $171K’162017: 49 sold, typical $143K2018: 68 sold, typical $225K’182019: 63 sold, typical $243K2020: 54 sold, typical $240K’202021: 48 sold, typical $201K2022: 36 sold, typical $263K’222023: 28 sold, typical $332K2024: 45 sold, typical $358K’242025: 38 sold, typical $344KLast 12 months: 44 sold, typical $363KNow

Source: Redfin Data Center, MLS sales; for ZIP 49246, which takes in Hanover Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $350K buys in Hanover Township

Houseat $203 a sq ft
The same money in Michiganat $172 a sq ft

Is this asking price fair?

Check a listing against what Hanover Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Hanover Township are back to pre-pandemic levels, but 45% fewer homes come up for sale

We read every month of home sales in ZIP 49246 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 44 sales.

If you’re buying in Hanover Township

  • Shop in October. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (24% over asking).
  • Offer under asking. Buyers paid 96.6% of the list price on average; 20% paid over.
  • You’ll usually have time. Only 32% of homes go under contract within two weeks; the typical one takes 85 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 6 a month), but July is the most competitive: 31% of July sales close over asking. September and October offer nearly as much choice with fewer homes bid up (25%). January has the least competition (10%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51013%27%40%Sweet spotJan: 3 new listings a month, 10% sold over asking, 96 days to sellJFeb: 2 new listings a month, 14% sold over asking, 103 days to sellFMar: 3 new listings a month, 15% sold over asking, 131 days to sellMApr: 4 new listings a month, 19% sold over asking, 138 days to sellAMay: 5 new listings a month, 25% sold over asking, 149 days to sellMJun: 6 new listings a month, 31% sold over asking, 106 days to sellJJul: 5 new listings a month, 31% sold over asking, 114 days to sellJAug: 5 new listings a month, 27% sold over asking, 89 days to sellASep: 5 new listings a month, 25% sold over asking, 91 days to sellSOct: 5 new listings a month, 24% sold over asking, 89 days to sellONov: 4 new listings a month, 22% sold over asking, 84 days to sellNDec: 3 new listings a month, 15% sold over asking, 83 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and calmer than Michigan

Hanover Township now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price20%18%29%31%
Gone within two weeksShare of homes under contract within 14 days32%15%31%43%
Listings with a price cutShare of homes for sale that cut their price———28%
Price paid vs. askingAverage sale price ÷ list price96.6%96.9%97.9%98.4%
Days to sellMedian days from listing to contract851196333
Supply

13 homes for sale on a typical day

That’s 1.8 times the 2023 low (7), 45% fewer than in 2017–19 and well under 2012’s 44.

2012: 44 for sale’122013: 40 for sale2014: 34 for sale2015: 24 for sale’152016: 27 for sale2017: 22 for sale2018: 20 for sale’182019: 26 for sale2020: 10 for sale2021: 11 for sale’212022: 8 for sale2023: 7 for sale2024: 10 for sale’242025: 12 for saleLast 12 months: 13 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 49246, which takes in Hanover Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Hanover Township home costs about $2,254 a month

Mortgage
Property tax
Insurance
Rent

Price: Hanover Township’s typical sale, last 12 months. Property tax at Hanover Township’s 1.2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Hanover Township is affordable on local pay is on Cost of living.

Before you buy in Hanover Township

Six things worth knowing

6

New listings in June

The month with the most choice. February has the fewest, about 2.

Best time to buy
1.2%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $363K home, about $4,320 a year.

Taxes vs. neighbors
A−

Schools

The schools grade for Hanover Township, from test results, graduation and how much students grow.

Schools in Hanover Township
29 min

Typical commute

The average one-way trip to work for people who live in Hanover Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Vandercook Lake, Jackson, Jonesville, Michigan Center and Litchfield sell for less a square foot

The busier markets within 25 miles of Hanover Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Jackson482$133K$10224%55
Vandercook Lake67$177K$14537%59
Michigan Center64$203K$15736%72
Lake LeAnn49$385K$21518%179
Hanover Township (ZIP 49246)44$363K$20320%85
Jonesville30$154K$11313%61
Litchfield20$211K$11125%287

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Hanover Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Hanover Township. People who follow the town see it, and so do people comparing Hanover Township with their own town. No commission, no listing fee.

Questions about buying a home in Hanover Township

What do homes sell for in Hanover Township, MI?

44 homes sold in the year to May 2026 at a typical $363K, $203 a square foot.

Is Hanover Township a buyer’s or seller’s market?

A seller’s market: 15 homes were for sale in May 2026 and 4 sold, about 3.8 months of supply. Buyers paid 96.6% of asking on average.

When is the best time to buy in Hanover Township?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Hanover Township?

About 1.2% of a home’s value a year. On a $363K home that’s near $4,320.

Where can I see homes for sale in Hanover Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Hanover Township’s MLS listings; the search links above open each one filtered to Hanover Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 49246, which takes in Hanover Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).