Market Summary

Hanover, Jackson County, MI

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Median Home Price Price

$223,658 $223.7K

Median Monthly Rent Rent

$1,230 $1.2K

GRM

15.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Jackson County

Region Price Rent GRM Display
$201,731 $1,132 15.0x
$235,553 $1,258 16.0x
$227,796 $925 20.0x
$243,972 $1,319 15.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MI outside of Jackson County

Region Price Rent GRM Display
$365,663 $1,250 24.0x
$312,136 $1,818 14.0x
$240,591 $1,534 13.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MI

Region Price Rent GRM Display
$262,372 $1,238 18.0x
$164,853 $1,154 12.0x
$158,739 $1,203 11.0x
$320,942 $1,250 21.0x
$272,704 $1,354 17.0x
$173,335 $931 15.0x
$267,522 $1,261 18.0x
$259,123 $1,298 17.0x
$155,485 $1,097 12.0x
$198,931 $1,191 14.0x
$275,774 $1,333 17.0x
$192,686 $1,012 16.0x
$312,836 $1,158 23.0x
$197,304 $897 18.0x
$248,430 $1,276 16.0x
$287,612 $1,197 20.0x
$325,050 $1,506 18.0x
$130,805 $1,181 9.0x
$195,944 $1,160 14.0x
$296,414 $2,036 12.0x
$314,315 $1,282 20.0x
$144,315 $1,091 11.0x
$403,111 $1,247 27.0x
$276,005 $1,628 14.0x
$462,679 $1,251 31.0x
$269,502 $1,714 13.0x
$179,792 $1,187 13.0x
$253,583 $1,483 14.0x
$214,428 $799 22.0x
$288,782 $1,282 19.0x
$154,956 $726 18.0x
$310,047 $1,218 21.0x
$212,206 $1,513 12.0x
$297,981 $1,288 19.0x
$258,308 $1,563 14.0x
$133,625 $1,013 11.0x
$251,927 $1,517 14.0x

Home prices

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Monthly rent

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GRM

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Hanover

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Trend Insights

Median Rent in Hanover, MI is $1,230, with MoM change +$11 and YoY change +$74 pointing to positive momentum while volatility is low (std $17).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Hanover, MI.

Skip the spreadsheet work. Search a market to see side-by-side deltas.
Metric
Base market Hanover, MI
Compare market Select a market
Delta vs base
Median rent
$1,230
N/A
Median price
$223,658
N/A
YoY change
+$74
N/A
Price-to-rent
15.2x
Data unavailable
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