Featuring Property Focus AI™
Hanover County Housing Market Trends
Market Summary
Property Focus is a top real estate property search platform that provides in-depth property insights, transaction histories, and ownership data across the U.S. In the past 12 months, Hanover County saw 1,852 residential properties sold. As of June 2025, the median price for a single-family home is $420,000, with a median AVM value of $451,000 for properties sold in the last year.
There are 364 involuntary liens on 336 properties, 68 in pre-foreclosure, and 33,633 properties with more than 50% equity in Hanover County. The market also includes 18,293 fully paid-off homes, offering unique opportunities for buyers and investors.
Market Stats Overview
Total Residential Properties
46,785
Total Home Sales
1,591 12 mo. trend
Median Home Price
$420,00012 mo. trend
Average Loan-to-Value
28.59%
Current Pre-foreclosures
68
% of Properties in Distress
0.15%
Total Involuntary Liens
364
% of High Equity Homes
71.89%
Markets Nearby Hanover County
The cities and zip codes below highlight the highest-value real estate markets within Hanover County, ranked by median home sale prices. Top areas include Maidens ($528,000), Glen Allen ($522,000), 23059 ($660,000), and 23102 ($528,000), which have commanded the highest median prices in the local housing market over the past 12 months. These areas represent the most valuable residential properties in the county. Search nearby counties to discover their top markets.