Hanover County, VA Housing Market Brief
county · VA · as of May 2026
What is Hanover County, VA’s Alpha Score?
The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.
Where is Hanover County, VA in its market cycle?
Hanover County, VA is classified as Declining — cooling, with scores declining over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.
Hanover County, VA housing market data
| Metric | Value | YoY |
|---|---|---|
| Median Sale Price | $475K | ▲ +0.5% |
| Median Days on Market | 16 days | ▲ +14.3% |
| Months of Supply | 1.8 | ▼ -5.3% |
| Homes for Sale | 259 | ▼ -5.5% |
| Homes Sold | 141 | ▼ -2.1% |
| Median Price / Sq Ft | $236 | ▲ +0.8% |
| Sale-to-List Ratio | 100.8% | ▲ +0.1% |
How has Hanover County, VA’s Alpha Score moved?
Markets like Hanover County, VA
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- Pickaway County, OH, OHcounty52
- Carroll County, MD, MDcounty48
- Olmsted County, MN, MNcounty47
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- Harford County, MD, MDcounty48
- Henrico County, VA, VAcounty51
Frequently asked questions
Is Hanover County, VA a buyer's or seller's market?
As of May 2026, Hanover County, VA is classified as a Balanced Market, based on its Alpha Score of 50 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.
Are home prices rising or falling in Hanover County, VA?
The median sale price in Hanover County, VA is $475K, having risen 0.5% over the past year.
How affordable is Hanover County, VA?
Hanover County, VA scores 27 out of 100 on affordability — relatively unaffordable relative to local incomes and prevailing mortgage rates compared with other counties.
What's driving Hanover County, VA's Alpha Score?
Hanover County, VA's strongest dimension is Economic Strength (60/100) and its weakest is Affordability (27/100). The Alpha Score is a weighted blend of all five dimensions.
Want the live, interactive view of Hanover County, VA? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.