States · New Hampshire · Grafton County

Hanover, New Hampshire.

Typical home $997,564 (+7.3% in a year). Lebanon, NH-VT metro.

What it costs per month · Hanover $5,236/mo

to buy the typical home at today's mortgage rate — +$3,221 (+160%) since Jan 2020.

What the home itself did
1 year
Up $67,619 +7%
$929,945$997,564 since Sep 2025
5 years
Up $300,324 +43%
$697,240$997,564 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.

$1,000 $2,000 $3,000 $4,000 $5,000 2002 2006 2010 2014 2018 2022 2026 Hanover $5,236 New Hampshire $2,682 United States $1,922
$1,000 $2,000 $3,000 $4,000 $5,000 2002 2010 2018 2026
  • Hanover$5,236
  • New Hampshire$2,682
  • United States$1,922

At the last five years' pace, a typical home here doubles in price every 10 years.

Typical home values in Hanover, NH rose 7.3% over the past year — faster than the nation's +1.2%.

Living in Hanover, Grafton County, New Hampshire

Hanover, in Grafton County, had 9,078 people in the 2020 census. Half its households earn more than $153,281 a year and half less, against $88,261 across Grafton County; 8% of its people live below the poverty line. 62% of its homes are lived in by their owners and 38% are rented. Unemployment in Grafton County was 2.5% in August 2026, and the county had 0.6% more jobs in 2025 than the year before. The most residents work in schools and health care, then professional services.

People 9,078 in the 2020 census; median age 21.8
Household income $153,281 the median, give or take $25,791 · Grafton County: $88,261
Unemployment 2.5% Grafton County, August 2026; 2.9% a year before
Homes 62% lived in by their owners; 38% rented

Written by AI Claude Sonnet 5.5 wrote this on 23 October 2026 from the figures here, a list of nearby places and what it knows. It can be wrong or out of date.

What it’s like

The place. Hanover is a small college town in Grafton County, and it feels like one: the residents are far younger than in most American towns, and nearly all adults have a four-year degree. Household incomes run well above the county's, and typical home values are high, with most homes lived in by their owners and a good number rented. Winters are cold and snowy, with January the coldest month, while July brings warm days and the year is fairly wet.

Work. Most residents work in schools, hospitals and social care, followed by professional and business services, restaurants, hotels and entertainment, and manufacturing. The largest workplaces in Hanover include the Dresden School District, the Hanover School District and the Hanover Food Store. Unemployment across Grafton County is low and a little lower than a year earlier, and the typical commute is short. A good share of residents work from home.

Things to do. The Green is a park in the middle of town, and the Hood Museum of Art, an art museum, is in or beside town as well. The Montshire Museum of Science is a science museum close by. For a day out, Enfield Shaker Museum and Quechee State Park are each a short drive away.

Report a mistake
  • 2,171households
  • 89%of adults have a degree
  • 8%below the poverty line
  • 19 mintypical commute
  • 27%work from home

What residents work in

  • Schools, hospitals and social care60%
  • Professional and business services15%
  • Restaurants, hotels and entertainment7%
  • Manufacturing4%
  • Shops (retail)3%
  • Government3%

Employed residents by industry, from the Census survey. Grafton County had 54,628 jobs in 2025, 0.6% more than the year before (Bureau of Labor Statistics).

Weather through the year

Average daily high and low for each month: coldest in January, 30° and 13°; warmest in July, 83° and 61° 20° 40° 60° 80° J 30° 13° F M A M J J 83° 61° A S O N D
Average daily high and low for each month: coldest in January, 30° and 13°; warmest in July, 83° and 61° 20° 40° 60° 80° J 30° 13° F M A M J J 83° 61° A S O N D

Coldest in January, with highs near 30° and lows near 13°; warmest in July, with highs near 83° and lows near 61°. About 61 inches of snow and 40 inches of rain and melted snow a year.

Average daily high and low, 1991–2020, at the Hanover weather station, under a mile away (NOAA).

Largest workplaces in Hanover

  1. Dresden School DistrictSchool district190FTE
  2. Hanover School DistrictSchool district103FTE
  3. Hanover Food StoreCommissaries, primarily groceries94

Staff on average in 2025, as each workplace reported it to OSHA with its injury records: 1 workplace with 20 or more staff, 94 people in all. School districts come from the Common Core of Data (NCES, 2023–24); FTE marks full-time equivalent staff. Not listed: many offices and banks, which need not report to OSHA; military bases, whose staff OPM withholds; and, in about half the states, city and county governments.

Natural hazards

  1. Winter weatherRelatively high
  2. Lightningrelatively high in parts of HanoverRelatively moderate
  3. Inland floodingrelatively high in parts of HanoverRelatively moderate
  4. Ice stormsRelatively moderate
  5. Strong windRelatively moderate

FEMA’s National Risk Index (December 2025) rates the risk each natural hazard poses to the people, buildings and farms in Hanover’s census tracts, against the rest of the country; all of them together, relatively low. It is meant for planning, not a substitute for a local risk assessment or a flood map: FEMA’s index.

From the U.S. Census Bureau’s 2020 census and its American Community Survey (2020–2024 five-year estimates), and the Bureau of Labor Statistics. A survey, so each figure has a margin of error, and figures it is not sure of are left out. More on Grafton County and the Lebanon, NH-VT metro.

Hanover home values

Zillow measures a city over its municipal boundary. Against the state and national figures, mid-tier homes, smoothed and seasonally adjusted.

$250,000 $500,000 $750,000 $1,000,000 2018 2020 2022 2024 2026 Hanover $997,564 New Hampshire $510,937 United States $366,157
$250,000 $500,000 $750,000 $1,000,000 2018 2022 2026
  • Hanover$997,564
  • New Hampshire$510,937
  • United States$366,157

Sellers are cutting prices on about 1 in 5 Hanover listings — the market is roughly in balance.

When this market ran hot

Each cell is that month's year-on-year home-value growth. Read left to right, top row is the latest year — the 2021–22 band is the boom.

JFMAMJJASOND
2026
2025
2024
2023
2022
2021
2020
2019
2018
falling flat warming hot overheating runaway

Market heat, inside the city limits

Share of listings with a price cut

The early-warning dial: sellers cut when buyers stop reaching. Rising cuts cool a market months before prices notice.

10% 15% 20% 25% 2026 Hanover 20.06% United States 26.90%
10% 15% 20% 25% 2026
  • Hanover20.06%
  • United States26.90%

Homes for sale

Active for-sale inventory. More supply hands power to buyers.

10 20 30 2022 2023 2024 2025 2026 Hanover 32
10 20 30 2022 2024 2026
  • Hanover32

New listings per month

Sellers arriving at the market.

5 8 10 12 2026 Hanover 8
5 8 10 12 2026
  • Hanover8

Zip codes with a Hanover address

A different geography, not a breakdown. The figure above covers the municipality; these zips cover everywhere the Post Office calls Hanover — often including townships beyond the city limits. Both come straight from Zillow, and they are not expected to average out.

Zip codes in Hanover