Market Summary

Hanover, Wright County, MN

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Median Home Price Price

$442,288 $442.3K

Median Monthly Rent Rent

$2,151 $2.2K

GRM

17.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Wright County

Region Price Rent GRM Display
$415,669 $1,522 23.0x
$425,148 $1,709 21.0x
$371,847 $1,560 20.0x

Home prices

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Monthly rent

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GRM

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Similar markets within MN outside of Wright County

Region Price Rent GRM Display
$525,711 $2,129 21.0x
$329,027 $1,522 18.0x
$374,530 $1,865 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of MN

Region Price Rent GRM Display
$315,722 $1,446 18.0x
$615,381 $2,123 24.0x
$389,842 $2,173 15.0x
$344,832 $1,526 19.0x
$498,454 $2,038 20.0x
$252,612 $1,022 21.0x
$480,856 $2,056 19.0x
$237,940 $828 24.0x
$502,264 $2,004 21.0x
$584,473 $2,165 22.0x
$188,929 $721 22.0x
$1,049,163 $2,129 41.0x
$526,180 $1,980 22.0x
$325,804 $1,644 17.0x
$462,101 $1,646 23.0x
$982,270 $2,218 37.0x
$233,380 $1,486 13.0x
$555,481 $2,118 22.0x
$302,111 $1,542 16.0x
$474,219 $2,105 19.0x
$294,693 $1,440 17.0x
$333,160 $1,016 27.0x
$579,697 $2,118 23.0x
$306,528 $1,764 14.0x
$207,755 $1,110 16.0x
$517,157 $2,195 20.0x
$199,455 $924 18.0x
$559,433 $2,112 22.0x
$344,964 $1,675 17.0x
$637,886 $2,082 25.0x

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, MN is $2,151, with MoM change +$15 and YoY change +$76 pointing to positive momentum while volatility is low (std $16).

Benchmark Markets Side by Side

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

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Metric
Base market Hanover, MN
Compare market Select a market
Delta vs base
Median rent
$2,151
N/A
Median price
$442,288
N/A
YoY change
+$76
N/A
Price-to-rent
17.1x
Data unavailable
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