What the Pros Know

114,148

Population

1.1% YoY

2023

41.1

Median Age

2.4% YoY

2022

$104,678

Median Household Income

8% YoY

2022

62,673

Labor Force

1% MoM

0.7% YoY

8/2024

60,815

Employed

1.1% MoM

1% YoY

8/2024

3.0%

Unemployment Rate

7.1% MoM

11.1% YoY

8/2024

$541,500

Median Sale Price

3.6% MoM

15.2% YoY

8/2024

110

Homes Sold

20.3% MoM

15.4% YoY

8/2024

1.8

Months Inventory

21.8% MoM

14% YoY

8/2024

18

Days on Market

4 MoM

6 YoY

8/2024

200

Listings

8.7% MoM

4.8% YoY

8/2024

101.3%

Sale Price to List Price

0.4% MoM

1.0% YoY

8/2024

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Cities included in Hanover County: Mechanicsville, Ashland, Hanover


Zip Codes included in Hanover County: [Click for zip code level data] 23005, 23015, 23047, 23059, 23069, 23111, 23116, 23146, 23192


 1.  Population Data from U.S. Census Bureau.
 2.  Employment Data from Bureau of Labor and Statistics
 3.  Sales Data provided by Redfin, a national real estate brokerage.

MoM = Month over Month. The percentage change from the previous month to the current month.
YoY = Year over Year. The percentage change from the same period the previous year to the current period.

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