As of 2024, the median home price in Hanover is approximately $850,000. Luxury properties near Dartmouth College or with mountain views often range between $1.2M to $3M+, while charming cottages start around $500,000.

The most sought-after areas include:

• Downtown Hanover (walkability to Dartmouth/dining)
• Rivercrest (luxury homes with river views)
• Etna Village (family-friendly with top schools)
• Hanover Center (historic properties on large lots)

Hanover is served by the #1 ranked school district in New Hampshire (Dresden District). Highlights include:

• Bernice A. Ray Elementary (Grades K-4)
• Frances C. Richmond Middle School (Grades 5-8)
• Hanover High School (consistently top 1% nationally)
• Proximity to Dartmouth College

Hanover's 2024 property tax rate is $18.50 per $1,000 of assessed value. For a $1M home, this equates to ~$18,500 annually. Taxes fund exceptional schools, infrastructure, and conservation efforts.

Absolutely. Approximately 30% of Hanover properties are second homes, prized for:

• Four-season recreation (Skiing at Dartmouth Skiway, Appalachian Trail access)
• Cultural amenities (Hood Museum, Hopkins Center for the Arts)
• Low-maintenance luxury condos near Dartmouth campus
• Strong rental demand for academic events

The market is highly competitive for prime properties, with:

• Average days on market: 22 days (vs. 45 days statewide)
• 40% of homes selling above asking price in 2024
• Low inventory (3.2 months supply)
• Cash buyers common for homes over $1.5M

Pro Tip: Work with a local agent for off-market opportunities.

Hanover showcases diverse architecture:

• Historic: 18th-19th century Colonials and Cape Cods (Downtown)
• Academic: Georgian and Federal styles near Dartmouth
• Modern Luxury: Contemporary mountain-view homes (Rivercrest)
• Estate Properties: 5,000+ sqft compounds with land

HOAs are rare in Hanover (<5% of properties), but exist in:

• Luxury Condo Developments: Fees range $300-$800/month (include snow removal, landscaping)
• Gated Communities: The Greens at Hanover (golf course homes)
• Historic Districts: Minimal oversight for exterior changes

Hanover's luxury rentals command premium rates:

• Academic Year: $4,000-$8,000/month for 3-4BR near Dartmouth
• Corporate Rentals: $10,000-$15,000/month for fully furnished estates
• Summer Rentals: $15,000-$30,000 for seasonal lakefront homes

Demand is strongest from Dartmouth faculty, medical professionals, and executives.

Key considerations for historic properties:

• Tax Incentives: 25% tax credit for approved restorations
• Regulations: Historic District Commission approval for exterior changes
• Modernization: Many combine original charm with high-end kitchens/baths
• Insurance: Specialized policies for antique features

Pro Tip: Our team specializes in navigating historic home transactions.