Hanover, MD Real Estate Market Summary – September 8, 2026
In Hanover, MD, a total of 32 homes were sold in the past 30 days, with an average living area of 2,369 square feet. The median sale price reached $523,200, with homes averaging approximately 15 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 32 |
| Sold Per Day | 1.07 |
| Average SQFT | 2369 |
| Median Sales Price | $523,200 |
| Average Sales Price | $568,040 |
| Average Price Per SQFT | $242 |
| Average Days on Market | 15 |
| Average Year Built | 2004 |
Hanover, MD Single Family Home Analysis
Thirteen single-family homes were reported sold, featuring an average living area of 2,546 square feet. The median sale price for these homes was $553,000, with an average of about 15 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 13 |
| Sold Per Day | 1 every 2.31 days |
| Average SQFT | 2546 |
| Median Sales Price | $553,000 |
| Average Sales Price | $663,613 |
| Average Price Per SQFT | $265 |
| Average Days on Market | 15 |
| Average Year Built | 1988 |
Hanover, MD Condo & Townhome Analysis
In the condo and townhome segment, 19 properties were sold, with an average living area of 2,257 square feet. The median sale price in this segment was $510,000, with homes typically spending around 15 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 19 |
| Sold Per Day | 1 every 1.58 days |
| Average SQFT | 2257 |
| Median Sales Price | $510,000 |
| Average Sales Price | $502,647 |
| Average Price Per SQFT | $227 |
| Average Days on Market | 15 |
| Average Year Built | 2013 |
Buyer & Seller Analysis
- Homes sold at a pace of 1.07 every day.
- Average days on market for homes was about 15 days.
- The overall median sale price was $523,200.
- Data includes homes sold in the last 30 days.
Conclusion
Overall, the Hanover market shows steady activity with a consistent number of transactions. Homes are spending a moderate amount of time on the market before being acquired.