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VA area data

Hanover, VA

Hanover, VA.

Population: 3,425 (Census ACS)

Home values & appreciation

Median home value
$423,934
1-year appreciation
+5.0%
3-year appreciation
+12.2%
5-year appreciation
+26.0%
10-year appreciation
+73.7%
All-time peak (2026-07)
$423,934
House Price Index
423.6 (+3.3% YoY)

Market activity

Median sale price
$428,450
Median list price
$428,500
Median days on market
10 days
Sale-to-list ratio
101.2%
Active listings
6
1-year forecast
+1.9%
New listings (monthly)
3

Rents

2-bedroom fair-market rent (HUD reference)
$1,335/mo
3BR fair-market rent
$1,735/mo

Affordability

Cost of living index (Above Average)
103.5 (100 = US avg)
Electricity rate (state-level)
15.3¢/kWh
Natural gas rate (state-level)
$16.80/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
drought, iceStorm, lightning
FEMA flood zone
C
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
59.0°F
Average high
69.0°F
Average low
48.0°F
Annual precipitation
48.1 in

Air quality

Air quality rating
Good
Median AQI (annual)
40
Days with Good air quality
213

Walkability & transit

Walkability index
4.8 / 20
Transit service frequency
-99,999

Amenities

National parks within ~60 mi
11
Nearest national park
Maggie L Walker National Historic Site (17 mi)
Nearest airport
Woods Farm Airstrip (4 mi)
Nearest major airport
Richmond International Airport (RIC) (18 mi)
Hospitals nearby (~15 mi)
5
Avg hospital rating
3.3 / 5
Solar radiation rating
Fair (4.3 kWh/m²/day)

Migration

Net migration
+531 tax filers

Housing stock

Median year housing built
1,985
Median annual property tax
$2,285
Mean commute to work
23 min
Households with broadband internet
37.3%

Employment & development

Total county employment
53,298
Average weekly wage
$1,043
Top industries (by employment)
Construction, Health Care, Wholesale Trade
Annual residential building permits (county)
443

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 →

Data compiled by REAIGENT7 — AI listing platform for real estate agents