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Hanover, New Hampshire Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
4
Median Price
$370K
Market Condition
Seller's Market

Hanover, New Hampshire Market Meter

Buyer'sSeller's
Seller's Market

3.0 months of supply

Low inventory favors sellers with higher prices and faster sales.

Market Overview

Median Price
$370K
Avg Price/Acre
$33K
Avg Days on Market
173
Months of Supply
3.0
YoY Price Change
+18.2%
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---2
1-2 acres----
2-5 acres----
5-10 acres----
10-20 acres1111
20-50 acres--11
50-100 acres----
100+ acres----
TOTAL1124
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres2 sold / 1 listed
10-20 acres1 sold / 0 listed
20-50 acres1 sold / 0 listed

Median Price by Acreage

$0$195K$390K
0- 1
10- 20
20- 50

Acreage buckets

Key Market Indicators

Total Sales Volume
$1.2M
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
173
Time to sell
Price Trend (YoY)
+18.2%
Year over year

Hanover, New Hampshire Land Market Analysis

How much is land worth in Hanover, New Hampshire?

The median price for land in Hanover, New Hampshire is currently $33K per acre. For a typical parcel, the median sale price is $370K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $123K while premium lots reached $439K.

Is now a good time to buy land in Hanover, New Hampshire?

Hanover, New Hampshire is currently a seller's market with 3.0 months of supply. Buyers should be prepared to move quickly and may face competitive pricing. Prices have increased 18.2% year-over-year.

What is the months of supply for land in Hanover, New Hampshire?

Hanover, New Hampshire currently has 3.0 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.

What is the average price per acre in Hanover, New Hampshire?

Land in Hanover, New Hampshire averages $184K per acre. The median price per acre is $33K, which may be more representative of typical transactions. Most parcels sold are around 6.3 acres.

What is the absorption rate for land in Hanover, New Hampshire?

The 3-month absorption rate in Hanover, New Hampshire is 33.3%. The 12-month rate is 33.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

What is the total land for sale in Hanover, New Hampshire?

There are currently 1 active listings in Hanover, New Hampshire. The median asking price is $259K.

How long does it take to sell land in Hanover, New Hampshire?

Land in Hanover, New Hampshire typically sells within 173 days of listing. The median time on market is 111 days. Properties are moving slowly in the current seller's market.

Data Sources & Accuracy

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.

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