Median home value in zip code 49241 (Hanover, MI) is $233,198, up 1.8% year over year. Part of the Jackson, MI metropolitan area.

Home Value$233,198

YoY Change

+1.8%

Prices rising — worse for buyers.

Affordability

Enter your income for 49241 (Hanover).

Income (annual)

Down Payment

$46,640 on $233,198

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

Affordable25.8% of income

Under the 28% guideline.

PITI$1,612

P/I25.8%

Afford$253K

Room+$20K

P&I $1,179Tax $299Ins $133

6.50% 30yr, 20% down, county tax + MI ins. 28% per HUD.

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

Metro Analysis

49241 is part of the Jackson, MI metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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