City

HANOVER, VA

Richmond, VA

Median home value: $408K (+1.3% YoY). Part of Richmond, VA.

Limited Data

Basic Zillow data only. For stress scores, AI analysis, and trends, Richmond, VA metro page.

Home Value$408,439
+1.3%
AFFORDABILITY

Enter your income for Hanover.

$81,688 on $408,439
Out of reach — 37.9% of income

Need $101,614/yr to afford.

PITI$2,371
P/I37.9%
Afford$301K
Gap-$107K
P&I $1,959Tax $279Ins $133
6.00% 30yr, 20% down, county tax + VA ins. 28% per HUD.
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
Hanover Housing Market | CrashWatch