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Hanover, PA 17331 Housing Market

Data snapshot: October 26, 2026. Closed-sale window: last 6 months.
Hanover, PA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.28
ActiveActive listings: 4343PendingPending sales: 1212
Hanover, PA: what sellers ask vs what buyers pay
Median asking price of current listings vs median closed sale price over the last six months
AskingMedian asking price (current listings): $370k$370kSoldMedian sold price (last 6 months): $311k$311k
What homes actually sell for in Hanover, PA
Distribution of 445 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $245k to $400k
$165k to $222k: 49 sales$165k$222k to $278k: 104 sales104sales$278k to $335k: 72 sales$278k$335k to $392k: 73 sales$392k to $448k: 41 sales$392k$448k to $505k: 27 sales$505k to $561k: 21 sales$505k$561k to $618k: 14 salesMedian $311k

What the numbers say

As of October 26, 2026, Resideline is tracking 43 active listings and 12 pending sales in ZIP code 17331. That pending-to-active ratio of 0.28 makes it a faster-moving market: listings are going under contract faster than in most of the ZIP codes Resideline tracks.

The median asking price of current listings is $369,900, while the median of the 445 closed sales Resideline tracked over the last six months was $311,000. Those two figures describe different sets of homes, so any gap between them reflects the mix of what is listed now versus what recently sold, not a negotiating discount. Resideline has been seeing the median active listing in 17331 for 75 days.

Frequently asked questions

What is the median home price in 17331?

The median closed sale price in Hanover, PA 17331 was $311,000 over the last six months, based on 445 closed sales tracked by Resideline. The middle half of those sales ranged from $245,000 to $400,000.

Is 17331 a buyer's or seller's market?

Resideline is currently tracking 12 pending sales against 43 active listings in 17331, a pending-to-active ratio of 0.28. Resideline tracks a sample of pending sales, so the ratio is most useful as a comparison: across the 3,777 ZIP codes Resideline tracks, the middle half run from 0.05 to 0.11. A higher ratio means listings go under contract faster, which usually favors sellers; a lower one gives buyers more room. By that comparison, 17331 is currently a faster-moving market.

Nearby ZIP code market data

Full Hanover, PA housing market report →

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