Hanover, NH Real Estate
According to census data in the year 2000 there were 1,894 housing units in Hanover.
This represents a 27.1% growth from 1,490 in 1990.
Of those housing units, 1,855 were located in either urbanized areas or urban clusters, and 39 were located in what is classified as a rural area.
Homeownership rate in Hanover is about 55.5%.
Hanover's vacancy rate, including seasonal lodging, is about 3%.
Average household size is 2.35 people.
The majority of houses, apartments or condos in Hanover were built after 1958.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 2.60% |
| One Bedroom | 15.50% |
| Two Bedrooms | 22.90% |
| Three Bedrooms | 28.60% |
| Four Bedrooms | 21.40% |
| Five Bedrooms or more | 9% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1960 |
| Median Value of occupied units | $269,300 |
| Median Price asked for vacant units | $316,700 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.19 |
| Median year structure was built | 1955 |
| Median Monthly Rent asked for vacant units | $188 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.90% |
| Second Mortgage | 7% |
| Home Equity Loan | 3.10% |
| Simple Mortgage | 42.50% |
| Debt Free | 46.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16.8% |
