Comprehensive market data and analysis• Updated Dec 2025
3.0 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | - | - | - |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | 1 | 1 | 1 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 2 | 2 |
Acreage buckets
The median price for land in Hanover, Michigan is currently $3K per acre. For a typical parcel, the median sale price is $143K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $32K while premium lots reached $253K.
Hanover, Michigan is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Hanover, Michigan currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
There are currently 1 active listings in Hanover, Michigan. 1 new listings have hit the market in the last 90 days. The median asking price is $135K.
Over the past 12 months, Hanover, Michigan saw 2 properties sold, totaling $286K in sales volume. In just the last 3 months, 1 properties changed hands.
Land in Hanover, Michigan typically sells within 40 days of listing. The median time on market is 40 days. Properties are moving quickly in the current seller's market.
The median land price in Hanover, Michigan stands at $143K. This translates to roughly $3K per acre for the typical parcel size.
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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
