The housing market in Hanover township (Jackson County), MI is flourishing, with the median house value standing at $225,400. This is significantly lower than the US House Median Value of $338,100. Over the past year, the US average for house appreciation has been 8.27%, while in Hanover township it has been 9.09%. This indicates that demand for homes in this area is high and that those who are looking to buy or invest here should consider doing so soon for maximum appreciation potential. Overall, Hanover township is an excellent place to purchase a home due to its reasonable prices and steady growth over time
The median home cost in Hanover township is $225,400. Home appreciation the last 10 years has been 106.2%. Home Appreciation in Hanover township is up 16.2%.
Average Age of Homes
- The median age of Hanover township real estate is 44 years old
The Rental Market in Hanover township
- Renters make up 5.8% of the Hanover township population
- 0.0% of houses and apartments in Hanover township, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.