Hanover, Hanover County, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Hanover, Hanover County, VA

Median Home Price Price

$398,803 $398.8K

Median Monthly Rent Rent

$1,603 $1.6K

GRM

21.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Hanover, VA is $1,603, with MoM change +$14 and YoY change +$87 pointing to positive momentum while volatility is low (std $20).

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Metric

Base market Hanover, VA

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Delta vs base

Median rent

$1,603

N/A

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Median price

$398,803

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YoY change

+$87

N/A

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Price-to-rent

20.7x

Data unavailable

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