Is Hanover, CT 06350 a buyer’s or seller’s market?
Hanover is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Hanover housing market right now
In the three months ending August 31, 2026, 0% of homes in Hanover, CT 06350 sold above their list price and the typical home went under contract in 8 days. With only 1 sale, these figures can swing a lot from month to month.
Within New London County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Uncasville 06382 (75% sold over asking) and Voluntown 06384 (73% sold over asking) are even more competitive.
Run the numbers for 06350
Nearby markets
Baltic 06330Seller’s market $236 /sq ftBozrah 06334Seller’s market $236 /sq ftColchester 06415Seller’s market $265 /sq ftEast Lyme 06333Balanced $273 /sq ft Browse all markets →Where Hanover is
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Questions about Hanover real estate
How fast do homes sell in Hanover?
The typical home went under contract in 8 days in the latest three months.
Do homes in Hanover sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 96.0% of the list price.
What is the median home price in Hanover?
The median sale price was $239,896 in the three months ending August 31, 2026, about $218 per square foot.
Local agents
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More tools for 06350
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology