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HANOVER, ME 04237

Real Estate Market Report  ·  Oxford County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
4
⇩ 33.3% vs 6 last year
Pending
1
25% pending ratio
Median Price
$431,950
⇧ 9.9% vs $393,000 last year
Average Price
$560,850
⇧ 33.3% vs $420,717 last year
Days on Market
24
⇩ 83.3% vs 144 days last year

Market Context

Population: 234  ·  Density: 12.8/mi²  ·  Median household income: $32,222

Typical home value: $234,214  ·  Homeownership: 95.8%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The HANOVER, ME real estate market (04237) currently shows 4 active listings, with 1 pending sales. Homes are averaging 24 days on the market before going under contract.

Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 24 days on market compared to 144 days last year.

The median listing price has risen 9.9% year-over-year, from $393,000 to $431,950.

Whether you are buying or selling in HANOVER, ME, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 4 this year vs 6 last year
  • Days on market: 24 now vs 144 last year

Median & Average Pricing

Year over Year
  • Median: $431,950 (+9.9% YoY)
  • Average: $560,850 (+33.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 25.5 miles — 178 listings ($84,543,317 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
04237Hanover, ME 042370.0 mi4$2,243,400$431,950$560,850
04219Bryant Pond, ME 042198.9 mi6$5,899,878$712,500$983,313
04261Newry, ME 0426110.6 mi43$43,973,477$765,000$1,022,639
04257Mexico, ME 0425711.7 mi12$2,122,440$169,950$176,870
04275Roxbury, ME 0427514.0 mi5$2,722,395$380,000$544,479
04289West Paris, ME 0428915.4 mi2$424,900$212,450$212,450
04224Dixfield, ME 0422417.0 mi17$4,226,540$222,200$248,620
04285Weld, ME 0428519.7 mi2$456,000$228,000$228,000
04088Waterford, ME 0408820.9 mi9$3,923,874$424,900$435,986
04221Canton, ME 0422121.1 mi5$1,408,500$336,500$281,700
04051Lovell, ME 0405122.6 mi1$391,500$391,500$391,500
03570Berlin, NH 0357023.6 mi63$14,053,410$199,900$223,070
04239Jay, ME 0423925.5 mi9$2,697,003$285,000$299,667

Frequently Asked Questions

How many homes are for sale in HANOVER, ME 04237?

As of January 2026, there are 4 active listings in HANOVER, ME (zip code 04237), compared to 6 the prior year.

What is the median home price in HANOVER, ME 04237?

The median listing price in HANOVER, ME 04237 is $431,950 as of January 2026, a 9.9% increase from $393,000 the prior year.

How long do homes stay on the market in HANOVER, ME?

Homes in HANOVER, ME 04237 spend an average of 24 days on the market before going under contract, compared to 144 days the prior year.

Is it a seller's or buyer's market in HANOVER, ME 04237?

Based on current inventory and days-on-market data as of January 2026, HANOVER, ME 04237 is currently a Seller's Market. Inventory has tightened compared to last year, with 2 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 24 days on market compared to 144 days last year.

How much can I save on real estate commission in HANOVER, ME?

With SELL123.com's maximum 3% commission, sellers in HANOVER, ME 04237 save an estimated $8,639 compared to a typical 5% commission on the median listing price of $431,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.