Population: 6,024 · Density: 70.3/mi² · Median household income: $62,823
Typical home value: $161,437 · Homeownership: 74.0%
Data as of January 2026. Source: Realtor.com.
The HANOVER, IN real estate market (47243) currently shows 21 active listings, with 3 pending sales. Homes are averaging 45 days on the market before going under contract.
Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.
Homes are selling faster, averaging 45 days on market compared to 84 days last year.
The median listing price has fallen 21.3% year-over-year, from $352,450 to $277,450.
Whether you are buying or selling in HANOVER, IN, 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.
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 47243 | Hanover, IN 47243 | 0.0 mi | 21 | $6,519,975 | $277,450 | $310,475 |
| 47138 | Lexington, IN 47138 | 6.3 mi | 16 | $5,837,968 | $309,900 | $364,873 |
| 47162 | New Washington, IN 47162 | 8.1 mi | 2 | $505,800 | $252,900 | $252,900 |
| 40006 | Bedford, KY 40006 | 9.8 mi | 11 | $4,179,109 | $293,000 | $379,919 |
| 47230 | Deputy, IN 47230 | 11.7 mi | 3 | $524,850 | $174,950 | $174,950 |
| 47250 | Madison, IN 47250 | 12.2 mi | 64 | $20,986,624 | $289,900 | $327,916 |
| 40055 | Pendleton, KY 40055 | 14.6 mi | 4 | $2,799,500 | $699,875 | $699,875 |
| 47111 | Charlestown, IN 47111 | 16.4 mi | 163 | $51,805,638 | $299,450 | $317,826 |
| 41008 | Carrollton, KY 41008 | 16.9 mi | 22 | $7,256,920 | $289,000 | $329,860 |
| 40026 | Goshen, KY 40026 | 17.1 mi | 16 | $11,669,600 | $639,000 | $729,350 |
| 40031 | La Grange, KY 40031 | 17.7 mi | 97 | $51,125,499 | $412,500 | $527,067 |
| 47126 | Henryville, IN 47126 | 18.1 mi | 28 | $12,053,776 | $399,999 | $430,492 |
| 47170 | Scottsburg, IN 47170 | 19.7 mi | 53 | $12,679,455 | $236,200 | $239,235 |
As of January 2026, there are 21 active listings in HANOVER, IN (zip code 47243), compared to 18 the prior year.
The median listing price in HANOVER, IN 47243 is $277,450 as of January 2026, a 21.3% decrease from $352,450 the prior year.
Homes in HANOVER, IN 47243 spend an average of 45 days on the market before going under contract, compared to 84 days the prior year.
Based on current inventory and days-on-market data as of January 2026, HANOVER, IN 47243 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 84 days last year.
With SELL123.com's maximum 3% commission, sellers in HANOVER, IN 47243 save an estimated $5,549 compared to a typical 5% commission on the median listing price of $277,450. 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.