Housing & Real Estate — Hanover, Indiana

Overview

Total Housing Units1,066
Occupied933
Vacant133
Owner-Occupied633
Renter-Occupied300
Median Home Value (Census)$138,700
Estimated 2026~$172,000
Median Rent$913/mo
Median Property Tax$762/yr

Affordability

Home Price to Income RatioN/Ax
Home Affordabilityaffordable
Rent as % of Income20.3%
Severely Rent-Burdened45.4%

Housing Age

Built 2010 or later55
Built 2000-200916
Built 1990-199979
Built before 1960215
Median Year Built1972
Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2026.