Hanover Twp Real Estate
8 active listings · 37 sold in the past 12mo
$557,000
Median List Price
37
Sold (past 12mo)
93
Avg Days on Market
+20.6%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Active Listings
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Homes for Sale(8)
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For Sale
1/64
$1,350,000
260 Pine Hill Lake Drive, Horton, MI 49246
5 bd4 ba3,353 sqft0.42 ac
Single Family
Under Contract
1/80
$899,000
250 Steves Scenic Drive, Horton, MI 49246
3 bd2 ba2,722 sqft0.54 ac
Single Family
For Sale
1/79
$719,000
12001 Strait Road, Hanover, MI 49241
4 bd3 ba2,361 sqft20 ac
Single Family
Under Contract
1/71
$589,000
169.5 Pine Hill Lake Road, Horton, MI 49246
4 bd3 ba4,002 sqft0.40 ac
Single Family
For Sale
1/49
$525,000
6845 Cochran Road, Horton, MI 49246
4 bd4 ba3,736 sqft11.91 ac
Single Family
Under Contract
1/76
$475,000
571 Acorn Trail, Horton, MI 49246
3 bd2 ba1,781 sqft0.31 ac
Single Family
Under Contract
1/49
$429,000
6375 Buckman Road, Hanover, MI 49241
3 bd2 ba2,424 sqft1.87 ac
Single Family
Under Contract
1/49
$334,900
7371 Reynolds Road, Horton, MI 49246
3 bd3 ba1,568 sqft1.92 ac
Single Family
Recently Sold(37)
Frequently Asked Questions about Hanover Twp
Are there homes available in Hanover Twp right now?
Buyers in Hanover Twp can choose from 8 active listings. The median asking price is $557,000.
How much do homes cost in Hanover Twp?
The median sale price in Hanover Twp is $557,000, based on 37 closed sales over the past 12 months.
How long do homes stay on the market in Hanover Twp?
Homes in Hanover Twp sell in an average of 93 days, based on 37 sales over the past 12 months.
What schools are in Hanover Twp?
Multiple school districts may serve Hanover Twp. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
What are market conditions like in Hanover Twp?
Hanover Twp is currently a seller's market, with 2.6 months of supply. That ratio comes from 8 active listings relative to 37 sales per year.
What are property taxes like in Hanover Twp?
Property taxes in Hanover Twp are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
What does demographic data show about housing demand in Hanover Twp?
Per U.S. Census ACS data, Hanover Twp has a +20.6% Household Formation Gap over the past 15 years. Average household size decreased from 2.45 to 2.52, creating demand for approximately 28 additional housing units even as population grew 24.0%. HFG is a secondary market indicator — it reflects demographic trends, not a primary measure like income-based affordability.