House Prices

House Prices & Home Values Hanover, MD 2026


Average Data

average house price$490,732
average size per house2632 ft²
average price per ft²187 $ / ft²

01/24/2026 - The value range (VR) for house prices in Hanover, MD is $157/ sqft to $184/ sqft. An average home with 2632 sqft costs approximately $413,224 to $484,288. Hanover, MD includes 1 ZIP codes and it is located in Anne Arundel county. The lowest prices are found in ZIP 21076, while the highest are in ZIP 21076. The average price per sqare feet is $187. Our analysis is based on 72 property listings.

Avergage prices by ZIP codes Hanover

21076166 $ / ft²


House prices by neighborhoods in Hanover

Arundel Preserve188 $ / ft²
Dorsey Ridge170 $ / ft²
Hanover Overlook192 $ / ft²
Oxford Square158 $ / ft²
Parkside152 $ / ft²
Shipley Homestead163 $ / ft²
Stoney Run190 $ / ft²
Villages of Dorchester190 $ / ft²




Historical development of home values in Hanover

Year Estimated value (USD) Change vs. 2025
2010 $227,905 -53.6%
2011 $219,092 -55.4%
2012 $218,502 -55.5%
2013 $226,669 -53.8%
2014 $237,940 -51.5%
2015 $250,152 -49.0%
2016 $263,206 -46.4%
2017 $277,413 -43.5%
2018 $292,750 -40.3%
2019 $306,324 -37.6%
2020 $322,159 -34.4%
2021 $366,422 -25.3%
2022 $427,165 -13.0%
2023 $450,466 -8.2%
2024 $476,526 -2.9%
2025 $490,732 0.0%

Graph: estimated home values in Hanover over time (USD)



Example: 100% financing house in Hanover

Loan amount: $490,732

Interest rate: 6.00%

Fixed monthly payment: $2,942.19

Breakdown in the 1st month:
Interest portion: $2,453.66  –  Principal portion: $488.53

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $29,279.99 $6,026.25 $484,705.75
2 $28,908.30 $6,397.93 $478,307.82
3 $28,513.69 $6,792.54 $471,515.28
4 $28,094.74 $7,211.49 $464,303.79
5 $27,649.95 $7,656.28 $456,647.51
6 $27,177.73 $8,128.50 $448,519.00
7 $26,676.38 $8,629.85 $439,889.15
8 $26,144.11 $9,162.12 $430,727.03
9 $25,579.01 $9,727.22 $420,999.81
10 $24,979.06 $10,327.18 $410,672.63
11 $24,342.10 $10,964.13 $399,708.50
12 $23,665.86 $11,640.38 $388,068.12
13 $22,947.91 $12,358.33 $375,709.79
14 $22,185.67 $13,120.56 $362,589.23
15 $21,376.42 $13,929.81 $348,659.42
16 $20,517.26 $14,788.97 $333,870.44
17 $19,605.11 $15,701.12 $318,169.32
18 $18,636.70 $16,669.54 $301,499.78
19 $17,608.56 $17,697.68 $283,802.11
20 $16,517.01 $18,789.23 $265,012.88
21 $15,358.13 $19,948.11 $245,064.77
22 $14,127.77 $21,178.46 $223,886.31
23 $12,821.53 $22,484.70 $201,401.60
24 $11,434.72 $23,871.51 $177,530.09
25 $9,962.38 $25,343.85 $152,186.24
26 $8,399.23 $26,907.01 $125,279.23
27 $6,739.66 $28,566.57 $96,712.65
28 $4,977.74 $30,328.50 $66,384.16
29 $3,107.14 $32,199.09 $34,185.06
30 $1,121.17 $34,185.06 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Hanover, MD


1500 sqft3900 sqft
Ø selling price$339,405$722,008
Ø fast selling$308,550$649,807
Ø high price sale$370,261$794,208

In 2026, houses in Hanover, MD will be offered at an average price of $187 per square foot. A 1,500 sqft home priced at $339,405 is 24.20% more expensive per square foot than a 3,900 sqft home priced at $722,008. Home prices in Hanover, MD vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $499,852. Sellers who can wait longer may achieve a higher price of up to $610,929.


Discover Hanover, MD

Location & Connectivity

Located in Anne Arundel County, Hanover, MD offers a strategic address between Baltimore and Washington, DC with quick access to I-95, MD-295, and MD-100.
Travel is effortless thanks to nearby BWI Airport and MARC/Amtrak connections at the BWI Rail Station.

Shopping, Dining & Entertainment

Arundel Mills, one of Maryland?s largest shopping destinations, anchors the area with outlet stores, diverse dining, and a movie megaplex.

Next door, the Live! Casino & Hotel brings 24/7 entertainment, restaurants, and event space that fuels the local nightlife.

Neighborhoods & Housing

Neighborhoods in Hanover feature a mix of new construction townhomes, single-family homes, and amenity-rich apartments that appeal to commuters and families.
Highly rated schools, community pools, and nearby parks like Provinces Park and Harmans Park support an active, family-friendly lifestyle.

Jobs & Commute

The region?s job market benefits from proximity to Fort Meade, NSA, and the Baltimore?Washington tech corridor, creating opportunities in cybersecurity, logistics, and healthcare.

Residents enjoy short commute times to major employers while retaining a suburban feel with tree-lined streets and pocket green spaces.

Things to Do

Weekend plans range from brewery hops and global dining to indoor skydiving and family attractions at the mall.

Whether you?re relocating, exploring things to do, or researching real estate in Hanover, MD, you?ll find convenience, value, and year-round amenities in one connected community.



FAQ – Home Values in Hanover

What is the median home value in Hanover in 2026?

In 2026, the typical home value in Hanover is about $490,732 for an average home size of 2632 square feet. This corresponds to an average price of roughly $187 per square foot.

What is the average cost per square foot in Hanover?

In 2026, homes in Hanover sell for an average of around $187 per square foot, with a typical range between $157 and $184 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Hanover is about 2632 square feet, with an estimated 2026 value around $490,732.



Locations close to Hanover, MD

Harmans, MD180 $ / ft²
Havre De Grace, MD181 $ / ft²
Hydes, MD174 $ / ft²
Elkridge, MD162 $ / ft²
Hampstead, MD177 $ / ft²
Glyndon, MD171 $ / ft²
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