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All market snapshots / 17331

Hanover, PA 17331 Housing Market

Data snapshot: October 5, 2026. Closed-sale window: last 6 months.
Hanover, PA inventory balance
Homes for sale vs homes under contract. Pending-to-active ratio: 0.36
ActiveActive listings: 4545PendingPending sales: 1616
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): $356k$356kSoldMedian sold price (last 6 months): $311k$311k
What homes actually sell for in Hanover, PA
Distribution of 458 closed sale prices over the last six months (5th to 95th percentile). Middle half of sales: $250k to $400k
$165k to $222k: 46 sales$165k$222k to $278k: 110 sales110sales$278k to $335k: 76 sales$278k$335k to $392k: 77 sales$392k to $448k: 42 sales$392k$448k to $505k: 28 sales$505k to $561k: 21 sales$505k$561k to $618k: 13 salesMedian $311k

What the numbers say

As of October 5, 2026, Resideline is tracking 45 active listings and 16 pending sales in ZIP code 17331. That pending-to-active ratio of 0.36 points to a competitive market: a meaningful share of the inventory is already under contract.

The median asking price of current listings is $355,900, while the median of the 458 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 62 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 458 closed sales tracked by Resideline. The middle half of those sales ranged from $249,900 to $400,000.

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

Resideline is currently tracking 16 pending sales against 45 active listings in 17331, a pending-to-active ratio of 0.36. Ratios of 0.6 or higher usually indicate a seller's market, 0.35 to 0.6 a competitive market, and lower values a more balanced one. By that yardstick, 17331 currently looks like a competitive market.

Nearby ZIP code market data

Full Hanover, PA housing market report →

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