Comprehensive market data and analysis• Updated Oct 2026
999.0 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | 1 | 2 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 0 | 2 | 4 |
Acreage buckets
The median price for land in Hanover, Michigan is currently $7K per acre. For a typical parcel, the median sale price is $200K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $140K while premium lots reached $265K.
There are currently 1 active listings in Hanover, Michigan. The median asking price is $275K.
Over the past 12 months, Hanover, Michigan saw 3 properties sold, totaling $606K in sales volume.
Land in Hanover, Michigan typically sells within 45 days of listing. The median time on market is 40 days. Properties are moving quickly in the current strong buyer's market.
The median land price in Hanover, Michigan stands at $200K. This translates to roughly $7K per acre for the typical parcel size. The average price is $202K, indicating some higher-priced properties pulling up the average.
Land in Hanover, Michigan averages $35K per acre. The median price per acre is $7K, which may be more representative of typical transactions. Most parcels sold are around 40.0 acres.
The top-performing broker in this market is RE/MAX MID-MICHIGAN R.E..
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Hanover on LandyDandy.
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