The median home in Hanover, Massachusetts is valued at $788,176, up 3.5% year over year. Typical monthly rent is $2,808, producing a price-to-rent ratio of 23.4x — well above the national average of 18x. Hanover is part of the Boston-Cambridge-Newton, MA-NH metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$788,176

+3.5%

Rent$2,808/mo

Prices rising — worse for buyers.

Affordability

Enter your income for Hanover.

Income (annual)

Down Payment

$157,635 on $788,176

Example: $75,000 household income. Change it above to see your own.

Out of reach78.8% of income

Need $211,029/yr to afford.

PITI$4,924

P/I78.8%

Afford$280K

Gap-$508K

P&I $3,985Tax $788Ins $150

Renting $2,116/mo cheaper ($2,808 rent)6.50% 30yr, 20% down, county tax + MA ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Massachusetts

Compare Hanover with other housing markets across Massachusetts.

Nantucket$2.97M Chilmark$2.28M Weston$2.18M Wellesley$1.95M Edgartown$1.77M Aquinnah$1.73M Dover$1.72M West Tisbury$1.6M

Full Boston-Cambridge-Newton, MA-NH analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Boston-Cambridge-Newton, MA-NH metro.

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Hanover, MA