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States / Minnesota / Hanover

Hanover, MN Housing

ACS 2020-2024

Median Home Value
$447,900 ± $21,079
Median Gross Rent
$1,853 ± $1,260/mo
Homeownership Rate
93.0%
Rent as Share of Income
14.2%
Price-to-Income Ratio
2.9×
Vacancy Rate
2.6%
Median Year Built
2003

New Construction (2025)

Housing units authorized by building permit — a leading signal of new supply, from the Census Building Permits Survey.

Units Authorized
82
Buildings
82
Single-Family Units
82
Multi-Family Units
0

Nearby Cities in Minnesota

Source: U.S. Census Bureau, American Community Survey, ACS 2020-2024.