Is Hanover, MA 02339 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Hanover is a seller’s market. With about 2 months of supply and 64% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score91/ 100

More competitive than 95% of U.S. ZIP codes, and #62 of 362 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2Under 4 months = seller’s market
Sold above original list64%Share of sales, last 3 months
Median sale-to-list103.8%Sold price ÷ list price
Median days on market20Listing to accepted offer
Median price per sq ft$385▲ +10.8% vs. last year

The Hanover housing market right now

In the three months ending August 31, 2026, 64% of homes in Hanover, MA 02339 sold above their list price, the typical home went under contract in 20 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 51 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 49%, homes sold about as fast and the median sale price rose 11% to $912,105. Overall, Hanover is more competitive than a year ago, so tougher for buyers.

Within Plymouth County, homes here sell faster than in 71% of the county’s ZIP codes, and sell more often over asking than in 87%. On our competition score, Hanover ranks #62 of 362 MA ZIP codes with enough sales (score 91 out of 100).

Nearby, buyers who want less competition could look at Hull 02045 (11% sold over asking) or Marion 02738 (13% sold over asking), while Monponsett 02350 (100% sold over asking) and East Wareham 02538 (69% sold over asking) are even more competitive.

Nearby markets

Abington 02351Seller’s market $350 /sq ftBridgewater 02324Seller’s market $318 /sq ftBrockton 02301Seller’s market $321 /sq ftBrockton 02302Seller’s market $366 /sq ft Browse all markets →

Where Hanover is

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Questions about Hanover real estate

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

A seller’s market: there were 2 months of supply in Hanover, MA 02339 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Hanover?

The typical home went under contract in 20 days in the latest three months.

Do homes in Hanover sell over asking?

64% of homes sold above their original list price, and the typical sale closed at 103.8% of the list price.

What are property taxes in Hanover?

About 1.17% of a home’s value a year in Plymouth County, or roughly $4,680 on a $400,000 home.

What is the median home price in Hanover?

The median sale price was $912,105 in the three months ending August 31, 2026, about $385 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology