49241
Hanover, Michigan.
Hanover, Jackson County, MI · Jackson, MI metro · population 2,279
to buy the typical home at today's mortgage rate — +$658 (+102%) since Jan 2020.
- 1 year
- Up $9,150 +4%
- $238,706$247,856 since Sep 2025
- 5 years
- Up $38,503 +18%
- $209,353$247,856 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 49241$1,301
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 21 years.
Typical home values in zip 49241 rose 3.8% over the past year — faster than the nation's +1.2%.
Zillow also publishes an index for the city itself: Hanover, MI — measured over the city limits, which is a different area from this zip.
Typical home value — 49241
Mid-tier homes, smoothed and seasonally adjusted.
- 49241$247,856
- Jackson$224,560
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 5.2 | 49246 | Horton | 3,382 | — | $304,540 |
| 5.5 | 49237 | Concord | 3,097 | — | $243,279 |
| 5.8 | 49250 | Jonesville | 5,653 | — | $212,414 |
| 7.6 | 49283 | Spring Arbor | 5,039 | — | $288,144 |
| 9.2 | 49249 | Jerome | 3,462 | — | $296,001 |
| 9.5 | 49252 | Litchfield | 2,556 | — | $190,398 |
| 11.4 | 49245 | Homer | 4,547 | — | $141,287 |
| 11.9 | 49262 | North Adams | 1,258 | — | $182,381 |
| 12.1 | 49234 | Clarklake | 2,520 | — | $331,142 |
| 12.4 | 49233 | Cement City | 2,938 | — | $282,628 |
| 13.1 | 49203 | Jackson | 36,474 | $1,162 | $169,320 |
| 13.3 | 49269 | Parma | 5,544 | — | $258,037 |
| 13.6 | 49227 | Allen | 1,287 | — | $211,256 |
| 14.5 | 49224 | Albion | 13,447 | — | $151,510 |
| 15.0 | 49242 | Hillsdale | 14,750 | — | $204,895 |
| 15.1 | 49202 | Jackson | 18,519 | $1,058 | $141,183 |
| 15.2 | 49220 | Addison | 2,439 | — | $253,301 |
| 15.3 | 49201 | Jackson | 49,107 | $1,141 | $251,007 |
| 16.8 | 49254 | Michigan Center | 3,484 | — | $203,105 |
| 17.9 | 49082 | Quincy | 6,678 | — | $226,010 |
| 18.1 | 49266 | Osseo | 2,982 | — | $204,967 |
| 19.1 | 49092 | Tekonsha | 1,908 | — | $189,278 |
| 19.4 | 49230 | Brooklyn | 10,077 | — | $285,881 |
| 19.5 | 49253 | Manitou Beach | 3,009 | — | $319,981 |
| 19.7 | 49271 | Pittsford | 2,280 | — | $202,045 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.