IN area data
Hanover, IN
Hanover, IN.
Population: 6,225 (Census ACS)
Home values & appreciation
- Median home value
- $225,944
- 1-year appreciation
- +5.8%
- 3-year appreciation
- +17.1%
- 5-year appreciation
- +42.7%
- 10-year appreciation
- +127.1%
- All-time peak (2026-07)
- $225,944
- House Price Index
- 367.2 (+2.9% YoY)
Market activity
- Median sale price
- $276,946
- Median list price
- $244,450
- Median days on market
- 82.5 days
- Sale-to-list ratio
- 97.5%
- Active listings
- 15
- 1-year forecast
- +3.8%
- New listings (monthly)
- 5
Rents
- 2-bedroom fair-market rent (HUD reference)
- $1,070/mo
- 3BR fair-market rent
- $1,390/mo
Affordability
- Cost of living index (Below Average)
- 90.5 (100 = US avg)
- Electricity rate (state-level)
- 16.2¢/kWh
- Natural gas rate (state-level)
- $11.50/MCF
- 30-year mortgage rate (national)
- 6.66%
- 15-year mortgage rate (national)
- 6.00%
Schools
- Total schools
- 3
- Elementary schools
- 1
- Middle schools
- 1
- High schools
- 1
Natural hazards & flood risk
- Overall hazard risk
- Relatively Low
- Top hazards
- iceStorm, strongWind, tornado
- FEMA flood zone
- AE
- Flood risk level
- High
Climate (30-year normals)
- Annual precipitation
- 52.7 in
Walkability & transit
- Walkability index
- 6.2 / 20
- Transit service frequency
- -99,999
Amenities
- Nearest airport
- Lee Bottom Airport (3 mi)
- Nearest major airport
- Bowman Field (LOU) (32 mi)
- Hospitals nearby (~15 mi)
- 3
- Avg hospital rating
- 3.0 / 5
- EV charging stations (within 10 mi)
- 4
- Solar radiation rating
- Fair (4.1 kWh/m²/day)
Migration
- Net migration
- -52 tax filers
Housing stock
- Median year housing built
- 1,974
- Median annual property tax
- $1,277
- Mean commute to work
- 20 min
- Households with broadband internet
- 71.0%
Employment & development
- Total county employment
- 10,318
- Average weekly wage
- $978
- Top industries (by employment)
- Health Care, Accommodation & Food, Administrative Services
- Annual residential building permits (county)
- 24
Area data compiled from public government, academic, and industry research feeds. Data sources →
Data last updated
Most recent source refresh: Aug 2026. See all data sources →