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Hanover, OH
Full City Profile · Ohio · Licking County County
3.4
/5.0
B
Good
1,183
Population
646/sq mi density
$84,115
Median Income
$35,754 per capita
$220,500
Home Value
$316,309 Zillow
$900
Median Rent
22.0% income on rent
51°F
Avg Temperature
275 sunny days/yr
142
Violent Crime/100K
4,752 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$84,115 median income, 1.2% unemployment
A+
Affordability
5.0 / 5.0
$220,500 home value, $900/mo rent
F
Safety
1.0 / 5.0
142 violent crimes/100K
C+
Education
2.8 / 5.0
22.9% bachelor's degree or higher
Housing Overview
Median Home Value
$220,500
22% below
US avg: $281,900
Median Rent
$900/mo
23% below
US avg: $1,163/mo
Homeownership Rate
83.4%
28% above US avg (65.4%)
Total Housing Units
456
Median year built: 1968
Home Value by Source
Census Median
$220,500
Zillow (ZHVI)
$316,309
Median Sale Price
$605,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
83.4%
Owner-Occupied
16.6%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$816/mo
1 Bedroom
$873/mo
2 Bedroom
$1,092/mo
3 Bedroom
$1,388/mo
4 Bedroom
$1,550/mo
Census median rent:
$900/mo
Market Indicators (Redfin)
Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
20.0%
of listings with price reduction
Price Per Sq Ft
$251
Active Inventory
5
homes for sale
Affordability & Housing Stock
Rent Burden
22.0%
of renters spending 30%+ of income on housing
29% below US avg (31.0%)
Median Year Built
1968
Average age of housing stock: 58 years
Homeownership Rate
83.4%
Complete Housing Data
Home Values
| Census Median Value | $220,500 |
| Zillow Home Value (ZHVI) | $316,309 |
| Median Sale Price | $605,000 |
| Price Per Sq Ft | $251 |
Rent
| Census Median Rent | $900 |
| FMR Studio | $816 |
| FMR 1-Bedroom | $873 |
| FMR 2-Bedroom | $1,092 |
| FMR 3-Bedroom | $1,388 |
| FMR 4-Bedroom | $1,550 |
Market
| Days on Market | 53 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 20.0% |
| Homes Sold | 1 |
| Active Inventory | 5 |
| Price Per Sq Ft | $251 |
Ownership & Stock
| Owner-Occupied | 83.4% |
| Renter-Occupied | 16.6% |
| Homeownership Rate | 83.4% |
| Total Housing Units | 456 |
| Median Year Built | 1968 |
| Rent Burden | 22.0% |