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HANOVER, PA 17331

Real Estate Market Report
Seller's Market
September 2026  ·  Source: Realtor.com

Market Analysis

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

The HANOVER, PA real estate market (17331) currently shows 274 active listings, with 127 pending sales. Homes are averaging 39 days on the market before going under contract.

Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 39 days on market compared to 42 days last year.

The median listing price has risen 4% year-over-year, from $345,998 to $359,975.

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Market Context

Market Context

Population: 54,942  ·  Density: 285.1/mi²  ·  Median household income: $73,781

Typical home value: $215,850  ·  Homeownership: 76.6%

Market Overview

Active Listings
274
⇩ 5.8% vs 291 last year
Pending
127
46% pending ratio
Median Price
$359,975
⇧ 4% vs $345,998 last year
Average Price
$394,986
⇧ 5.6% vs $374,067 last year
Days on Market
39
⇩ 7.1% vs 42 days last year

Price Per Square Foot

Median $/sqft
$179
⇩ 0.6% vs $180/sqft last year
Median Home Size
1,857 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 274 this year vs 291 last year
  • Days on market: 39 now vs 42 last year

Median & Average Pricing

Year over Year
  • Median: $359,975 (+4% YoY)
  • Average: $394,986 (+5.6% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.8 miles — 616 listings ($256,541,569 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
17331Hanover, PA 173310.0 mi190$76,968,430$379,400$405,097
17301Abbottstown, PA 173016.9 mi11$6,077,467$352,425$552,497
17362Spring Grove, PA 173627.2 mi41$18,230,281$373,490$444,641
17350New Oxford, PA 173508.6 mi22$10,080,180$382,225$458,190
21158Westminster, MD 2115810.3 mi46$29,505,596$483,750$641,426
17327Glen Rock, PA 1732712.1 mi16$6,226,256$287,450$389,141
17360Seven Valleys, PA 1736012.7 mi13$4,619,290$332,400$355,330
21787Taneytown, MD 2178713.2 mi35$15,668,905$412,350$447,683
17408York, PA 1740813.7 mi67$27,513,014$381,975$410,642
21053Freeland, MD 2105315.6 mi9$5,752,467$474,950$639,163
17372York Springs, PA 1737215.9 mi10$4,062,190$368,750$406,219
17361Shrewsbury, PA 1736116.2 mi19$8,954,301$425,450$471,279
17403York, PA 1740316.8 mi137$42,883,192$240,875$313,016

Frequently Asked Questions

How many homes are for sale in HANOVER, PA 17331?

As of September 2026, there are 274 active listings in HANOVER, PA (zip code 17331), compared to 291 the prior year.

What is the median home price in HANOVER, PA 17331?

The median listing price in HANOVER, PA 17331 is $359,975 as of September 2026, a 4% increase from $345,998 the prior year.

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

Homes in HANOVER, PA 17331 spend an average of 39 days on the market before going under contract, compared to 42 days the prior year.

Is it a seller's or buyer's market in HANOVER, PA 17331?

Based on current inventory and days-on-market data as of September 2026, HANOVER, PA 17331 is currently a Seller's Market. Inventory has tightened compared to last year, with 17 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 39 days on market compared to 42 days last year.

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

With SELL123.com's maximum 3% commission, sellers in HANOVER, PA 17331 save an estimated $7,200 compared to a typical 5% commission on the median listing price of $359,975. 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.