Market Summary

Hanover, Licking County, OH

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Median Home Price Price

$307,512 $307.5K

Median Monthly Rent Rent

$1,280 $1.3K

GRM

20.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Licking County

Region Price Rent GRM Display
$287,614 $1,401 17.0x
$488,714 $1,364 30.0x
$368,017 $1,736 18.0x
$229,710 $1,208 16.0x
$265,155 $970 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets within OH outside of Licking County

Region Price Rent GRM Display
$257,039 $1,289 17.0x
$238,393 $1,276 16.0x
$292,564 $1,292 19.0x
$243,154 $1,023 20.0x
$315,676 $1,140 23.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of OH

Region Price Rent GRM Display
$230,882 $1,199 16.0x
$390,424 $1,672 19.0x
$276,458 $1,274 18.0x
$610,966 $2,417 21.0x
$228,070 $1,131 17.0x
$571,311 $2,264 21.0x
$254,624 $1,351 16.0x
$520,787 $2,171 20.0x
$385,843 $1,274 25.0x
$256,361 $1,130 19.0x
$259,123 $1,298 17.0x
$619,361 $3,048 17.0x
$270,696 $1,226 18.0x
$662,295 $2,746 20.0x
$566,822 $2,131 22.0x
$262,317 $1,343 16.0x
$331,443 $1,287 21.0x
$607,466 $2,208 23.0x
$298,040 $1,690 15.0x
$311,313 $1,276 20.0x
$342,719 $1,443 20.0x
$275,732 $1,215 19.0x
$160,578 $1,172 11.0x
$259,777 $1,292 17.0x
$320,104 $1,322 20.0x
$261,864 $1,205 18.0x

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, OH is $1,280, with MoM change +$10 and YoY change +$62 pointing to positive momentum while volatility is low (std $14).

Benchmark Markets Side by Side

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

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Metric
Base market Hanover, OH
Compare market Select a market
Delta vs base
Median rent
$1,280
N/A
Median price
$307,512
N/A
YoY change
+$62
N/A
Price-to-rent
20.0x
Data unavailable
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