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Housing in North Hanover Township

32 homes sold in North Hanover Township in the last year, at a typical $407K

Redfin reports North Hanover Township’s sales by ZIP code, so these figures are for ZIP 08562, which takes in North 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 North Hanover Township homes are listed.

Homes for sale in North Hanover TownshipZillowRealtor.comMore places to look ↓
Homes sold
32
ZIP 08562 · October 2025 to September 2026
Typical sale price
$407K
median, weighted by sales
Price per square foot
$269
New Jersey $335
Paid vs. asking
100.6%
50% sold over asking
For sale now
13
September 2026 · 3 sold that month
What sold · last 12 months · ZIP 08562

Houses are 97% of North Hanover Township’s sales, at a typical $523K (year to May 2026)

32 homes sold in the year to September 2026.

Houses$523K

typical sale · 30 sold in the year to May 2026

Per square foot
$247NJ $331
Days to sell
55
Sold over asking
51%
13 years of sales

Fewer homes sell than before 2021, at 1.5 times the 2016 price

32 sales in the last year, against 54 in 2020 and a low of 19 in 2014. The typical sale went from $265K in 2016 to $407K.

Homes soldTypical sale price
0255075100$225K$350K$475K$600K2013: 26 sold, typical $256K’132014: 19 sold, typical $220K2015: 43 sold, typical $248K’152016: 44 sold, typical $265K2017: 51 sold, typical $260K’172018: 40 sold, typical $282K2019: 42 sold, typical $227K’192020: 54 sold, typical $341K2021: 51 sold, typical $277K’212022: 46 sold, typical $324K2023: 36 sold, typical $401K’232024: 39 sold, typical $386K2025: 27 sold, typical $492K’25Last 12 months: 32 sold, typical $407KNow

Source: Redfin Data Center, MLS sales; for ZIP 08562, which takes in North 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. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $400K buys in North Hanover Township

Houseat $247 a sq ft, year to May 2026
The same money in New Jerseyat $331 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what North 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 · 13 years of sales

Bidding wars in North Hanover Township are more common than before the pandemic, but 39% fewer homes come up for sale

We read every month of home sales in ZIP 08562 since 2013 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 September 2026, 32 sales.

If you’re buying in North Hanover Township

  • Shop in April. It brings about 5 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
  • Bid near asking. Buyers paid 100.6% of the list price on average; 50% paid over.
  • You’ll usually have time. Only 29% of homes go under contract within two weeks; the typical one takes 42 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 6 a month), but July is the most competitive: 40% of July sales close over asking. April and May offer nearly as much choice with fewer homes bid up (27%). January has the least competition (18%) but only about 3 new listings.

New listings a monthShare sold over asking
02.557.51020%40%60%Sweet spotJan: 3 new listings a month, 18% sold over asking, 82 days to sellJFeb: 3 new listings a month, 20% sold over asking, 97 days to sellFMar: 4 new listings a month, 30% sold over asking, 119 days to sellMApr: 5 new listings a month, 27% sold over asking, 139 days to sellAMay: 5 new listings a month, 32% sold over asking, 105 days to sellMJun: 5 new listings a month, 34% sold over asking, 81 days to sellJJul: 5 new listings a month, 40% sold over asking, 64 days to sellJAug: 6 new listings a month, 37% sold over asking, 70 days to sellASep: 5 new listings a month, 29% sold over asking, 76 days to sellSOct: 4 new listings a month, 24% sold over asking, 65 days to sellONov: 4 new listings a month, 22% sold over asking, 63 days to sellNDec: 3 new listings a month, 21% sold over asking, 70 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than New Jersey

North Hanover Township now2017–192021 peakNJ now
Sold over askingShare of sales that closed above the list price50%16%43%44%
Gone within two weeksShare of homes under contract within 14 days29%10%40%30%
Price paid vs. askingAverage sale price ÷ list price100.6%96.6%99.2%100.9%
Days to sellMedian days from listing to contract421045046
Supply

11 homes for sale on a typical day

That’s 1.5 times the 2025 low (7), 39% fewer than in 2017–19 and well under 2015’s 31.

2013: 21 for sale’132014: 31 for sale2015: 31 for sale2016: 31 for sale’162017: 21 for sale2018: 17 for sale2019: 14 for sale’192020: 10 for sale2021: 11 for sale2022: 9 for sale’222023: 8 for sale2024: 8 for sale2025: 7 for sale’25Last 12 months: 11 for saleNow

Source: Redfin Data Center, ZIP code tracker; for ZIP 08562, which takes in North Hanover Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2013 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical North Hanover Township home costs about $2,939 a month

Mortgage
Property tax
Insurance
Rent

Price: North Hanover Township’s typical sale, last 12 months. Property tax at North Hanover Township’s 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether North Hanover Township is affordable on local pay is on Cost of living.

Before you buy in North Hanover Township

Six things worth knowing

6

New listings in August

The month with the most choice. December has the fewest, about 3.

Best time to buy
2.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $407K home, about $9,790 a year.

Taxes vs. neighbors
B

Schools

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

Schools in North Hanover Township
24 min

Typical commute

The average one-way trip to work for people who live in North 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

Browns Mills sells for less a square foot

The busier markets within 25 miles of North 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
Browns Mills163$313K$23443%46
Yardville64$464K$30950%38
New Egypt57$482K$27323%49
Bordentown Township46$386K$27754%36
North Hanover Township (ZIP 08562)32$407K$26950%42
Groveville22$435K$28939%54
Allentown21$511K$30246%25

Redfin Data Center, October 2025 to September 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 North Hanover Township, free

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

Questions about buying a home in North Hanover Township

What do homes sell for in North Hanover Township, NJ?

32 homes sold in the year to September 2026 at a typical $407K, $269 a square foot.

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

A seller’s market: 13 homes were for sale in September 2026 and 3 sold, about 3.5 months of supply. Buyers paid 100.6% of asking on average.

When is the best time to buy in North Hanover Township?

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

How much are property taxes in North Hanover Township?

About 2.4% of a home’s value a year. On a $407K home that’s near $9,790.

Where can I see homes for sale in North Hanover Township?

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

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 08562, which takes in North 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).