Active Listings
6
⇧ 500% vs 1 last year
Data as of March 2026. Source: Realtor.com.
The HANOVER, NM real estate market (88041) currently shows 6 active listings, with 1 pending sales. Homes are averaging 65 days on the market before going under contract.
Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.
Homes are taking longer to sell, averaging 65 days on market compared to 7 days last year.
The median listing price has fallen 21.8% year-over-year, from $639,000 to $500,000.
Whether you are buying or selling in HANOVER, NM, 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.
Population: 1,423 · Density: 1.3/mi² · Median household income: $33,733
Typical home value: $178,273 · Homeownership: 87.7%
| Zip | City / State | Distance | Listings | Market Value | Median $ | Average $ |
|---|---|---|---|---|---|---|
| 88041 | Hanover, NM 88041 | 0.0 mi | 5 | $3,082,500 | $490,000 | $616,500 |
| 88034 | Faywood, NM 88034 | 14.6 mi | 0 | $0 | $429,000 | $429,000 |
| 88022 | Arenas Valley, NM 88022 | 17.0 mi | 1 | $350,000 | $350,000 | $350,000 |
| 88042 | Hillsboro, NM 88042 | 19.4 mi | 8 | $3,424,896 | $457,500 | $428,112 |
| 88049 | Mimbres, NM 88049 | 20.8 mi | 15 | $5,573,370 | $338,750 | $371,558 |
| 88061 | Silver City, NM 88061 | 31.9 mi | 98 | $36,970,892 | $373,750 | $377,254 |
| 87931 | Caballo, NM 87931 | 34.1 mi | 6 | $1,853,880 | $259,900 | $308,980 |
| 88038 | Gila, NM 88038 | 36.6 mi | 1 | $749,000 | $749,000 | $749,000 |
| 88031 | Deming, NM 88031 | 37.5 mi | 1 | $510,000 | $510,000 | $510,000 |
| 87937 | Hatch, NM 87937 | 42.6 mi | 3 | $523,500 | $174,500 | $174,500 |
| 87943 | Winston, NM 87943 | 47.2 mi | 3 | $447,000 | $149,000 | $149,000 |
| 87935 | Elephant Butte, NM 87935 | 50.4 mi | 39 | $15,898,701 | $333,750 | $407,659 |
| 87939 | Monticello, NM 87939 | 52.6 mi | 1 | $525,000 | $525,000 | $525,000 |
As of March 2026, there are 6 active listings in HANOVER, NM (zip code 88041), compared to 1 the prior year.
The median listing price in HANOVER, NM 88041 is $500,000 as of March 2026, a 21.8% decrease from $639,000 the prior year.
Homes in HANOVER, NM 88041 spend an average of 65 days on the market before going under contract, compared to 7 days the prior year.
Based on current inventory and days-on-market data as of March 2026, HANOVER, NM 88041 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 65 days on market compared to 7 days last year.
With SELL123.com's maximum 3% commission, sellers in HANOVER, NM 88041 save an estimated $10,000 compared to a typical 5% commission on the median listing price of $500,000. 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.