Hanover, MN Real Estate
According to census data in the year 2000 there were 456 housing units in Hanover.
This represents a 70.1% growth from 268 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 456 were located in what is classified as a rural area.
Homeownership rate in Hanover is about 93.4%.
Hanover's vacancy rate, including seasonal lodging, is about 3.7%.
Average household size is 3.13 people.
The majority of houses, apartments or condos in Hanover were built after 1986.
|Housing Units by Size|
|Five Bedrooms or more||8.30%|
Owned Homes, Apartments and Condos
|Average Household Size||3.21|
|Median year structure was built||1988|
|Median Value of occupied units||$170,000|
|Median Price asked for vacant units||$155,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.97|
|Median year structure was built||1939|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||22.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.2%|