Hanover, OH Real Estate
According to census data in the year 2000 there were 326 housing units in Hanover.
This represents a 7.9% growth from 302 in 1990.
Of those housing units, 324 were located in either urbanized areas or urban clusters, and 2 were located in what is classified as a rural area.
Homeownership rate in Hanover is about 88.3%.
Hanover's vacancy rate, including seasonal lodging, is about 5.2%.
Average household size is 2.8 people.
The majority of houses, apartments or condos in Hanover were built after 1971.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.90% |
| One Bedroom | 3.70% |
| Two Bedrooms | 15.60% |
| Three Bedrooms | 64.40% |
| Four Bedrooms | 13.80% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.85 |
| Median year structure was built | 1971 |
| Median Value of occupied units | $105,700 |
| Median Price asked for vacant units | $137,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.42 |
| Median year structure was built | 1981 |
| Median Monthly Rent asked for vacant units | $425 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 14.90% |
| Home Equity Loan | 18% |
| Simple Mortgage | 38.70% |
| Debt Free | 28.40% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.7% |
