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Hanover, NM Home Values and Rents
The typical home value in Hanover is $193,103.
- Typical home value
- $193,103
- Zillow
- Price change, 1 year
- -4.0%
- Sep 2026
- Homeownership
- 100.0%
- NM: 70.0%
Typical home value in Hanover
Zillow Home Value Index, all homes, middle tier
Show as a table
| Period | Hanover |
|---|---|
| Sep 2026 | $193,103 |
| Dec 2025 | $195,494 |
| Dec 2024 | $208,840 |
| Dec 2023 | $204,637 |
| Dec 2022 | $198,685 |
| Dec 2021 | $179,299 |
| Dec 2020 | $165,503 |
| Dec 2019 | $149,358 |
| Dec 2018 | $153,557 |
| Dec 2017 | $144,434 |
| Dec 2016 | $134,292 |
| Dec 2015 | $132,502 |
Over five years, Hanover prices changed +8.4%.
Source: Zillow Research · Last updated 09/01/2026
Fair Market Rents, FY2027
HUD rent standard for Grant County, NM
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $820 | +3.1% |
| 1 bedroom | $825 | +3.0% |
| 2 bedrooms | $1,070 | +2.1% |
| 3 bedrooms | $1,286 | -1.4% |
| 4 bedrooms | $1,678 | +20.9% |
Frequently asked questions
- What is the typical home value in Hanover, NM?
- The typical home value in Hanover is $193,103 (Zillow Home Value Index, Sep 2026). The New Mexico median is $248,100.
- Are home prices going up in Hanover?
- The typical home value in Hanover changed -4.0% over one year and +8.4% over five years, as of Sep 2026.