House Prices

House Prices & Home Values Hanover, ME 2026


Average Data

average house price$235,234
average size per house1811 ft²
average price per ft²130 $ / ft²

02/11/2026 - The value range (VR) for house prices in Hanover, ME is $148/ sqft to $148/ sqft. An average home with 1811 sqft costs approximately $268,028 to $268,028. Hanover, ME includes 1 ZIP codes and it is located in Oxford county. The lowest prices are found in ZIP 04237, while the highest are in ZIP 04237. The average price per sqare feet is $130. Our analysis is based on 6 property listings.

Avergage prices by ZIP codes Hanover

04237141 $ / ft²




Historical development of home values in Hanover

Year Estimated value (USD) Change vs. 2025
2010 $109,247 -53.6%
2011 $105,022 -55.4%
2012 $104,740 -55.5%
2013 $108,654 -53.8%
2014 $114,057 -51.5%
2015 $119,911 -49.0%
2016 $126,169 -46.4%
2017 $132,979 -43.5%
2018 $140,330 -40.3%
2019 $146,837 -37.6%
2020 $154,428 -34.4%
2021 $175,645 -25.3%
2022 $204,763 -13.0%
2023 $215,932 -8.2%
2024 $228,424 -2.9%
2025 $235,234 0.0%

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



Example: 100% financing house in Hanover

Loan amount: $235,234

Interest rate: 6.00%

Fixed monthly payment: $1,410.35

Breakdown in the 1st month:
Interest portion: $1,176.17  –  Principal portion: $234.18

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $14,035.46 $2,888.70 $232,345.30
2 $13,857.29 $3,066.87 $229,278.43
3 $13,668.13 $3,256.03 $226,022.40
4 $13,467.31 $3,456.85 $222,565.55
5 $13,254.10 $3,670.06 $218,895.49
6 $13,027.74 $3,896.42 $214,999.06
7 $12,787.41 $4,136.75 $210,862.31
8 $12,532.27 $4,391.89 $206,470.42
9 $12,261.38 $4,662.78 $201,807.64
10 $11,973.79 $4,950.37 $196,857.28
11 $11,668.47 $5,255.69 $191,601.58
12 $11,344.31 $5,579.85 $186,021.73
13 $11,000.15 $5,924.01 $180,097.73
14 $10,634.77 $6,289.39 $173,808.34
15 $10,246.86 $6,677.30 $167,131.04
16 $9,835.02 $7,089.14 $160,041.90
17 $9,397.77 $7,526.39 $152,515.51
18 $8,933.56 $7,990.60 $144,524.91
19 $8,440.72 $8,483.44 $136,041.48
20 $7,917.48 $9,006.68 $127,034.80
21 $7,361.97 $9,562.19 $117,472.60
22 $6,772.19 $10,151.97 $107,320.64
23 $6,146.04 $10,778.12 $96,542.52
24 $5,481.27 $11,442.89 $85,099.63
25 $4,775.50 $12,148.66 $72,950.97
26 $4,026.20 $12,897.96 $60,053.01
27 $3,230.68 $13,693.48 $46,359.53
28 $2,386.10 $14,538.07 $31,821.46
29 $1,489.42 $15,434.74 $16,386.72
30 $537.44 $16,386.72 $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, ME


1500 sqft3900 sqft
Ø selling price$235,951$501,931
Ø fast selling$214,501$451,738
Ø high price sale$257,401$552,123

In 2026, houses in Hanover, ME will be offered at an average price of $130 per square foot. A 1,500 sqft home priced at $235,951 is 21.87% more expensive per square foot than a 3,900 sqft home priced at $501,931. Home prices in Hanover, ME vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $347,490. Sellers who can wait longer may achieve a higher price of up to $424,711.


Discover Hanover, ME

Overview

Hanover, ME is a small Oxford County town nestled along the Androscoggin River in the Western Maine mountains.
This quiet community offers classic New England scenery, four-season recreation, and easy access to nearby Bethel and Rumford.
Travelers on U.S. Route 2 will find Hanover Maine a convenient base for exploring the region.

Things to Do & Outdoors

Top things to do in Hanover, ME include paddling the Androscoggin, fishing for trout and bass, and leaf-peeping along scenic byways in autumn.
Hikers can reach trailheads for the Mahoosuc Range and Grafton Notch State Park nearby, while winter brings cross-country skiing and snowmobiling.
Families appreciate swimming holes and picnic spots, and photographers love sunrise and sunset vistas over the river valley.

Local Living & Access

The town?s rural character shines through its small farms, campgrounds, and friendly local businesses.
Lodging near Hanover ranges from cozy cabins and riverside cottages to inns in Bethel, putting Sunday River Resort within an easy drive.
Home buyers search Hanover ME real estate for quiet acreage, mountain views, and year-round outdoor access.
Whether you?re planning a weekend getaway or scouting a new home base, Hanover, Maine pairs natural beauty with laid-back, welcoming charm.



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 $235,234 for an average home size of 1811 square feet. This corresponds to an average price of roughly $130 per square foot.

What is the average cost per square foot in Hanover?

In 2026, homes in Hanover sell for an average of around $130 per square foot, with a typical range between $148 and $148 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 1811 square feet, with an estimated 2026 value around $235,234.



Locations close to Hanover, ME

Hebron, ME325 $ / ft²
Jay, ME101 $ / ft²
Lewiston, ME164 $ / ft²
Greene, ME763 $ / ft²
East Wilton, ME298 $ / ft²
Stoneham, ME290 $ / ft²
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