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Hanover 04237

ZIP codeThe kind of area this report covers. Neighborhood areas nest inside each other, from broad districts down to small pockets.Maine
$472K
Median sale priceThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.
6
Sales (12 mo)How many homes sold here in the last 12 months. More sales make the other numbers more reliable.
$313K
Median valueThe middle estimated value of all homes here, not just the ones that recently sold.

Deed records through Apr 2026 · Quarterly intervals (lower sales volume)Counties take time to publish deeds, so the newest months can be incomplete and may shift as more records arrive.

Market Trends

Sale pricesThe middle sale price each month, counting normal open-market sales. The average runs above the median when a few expensive sales pull it up. Bars show how many homes sold.MedianSales
20222023202420252026
Price per square footThe middle price per square foot, for sales where the size is known. It adjusts for homes being different sizes.$/ft²
20222023202420252026
Sale premium vs estimated valueHow sale prices compare with our estimated values at the time of sale. Above the dashed line, homes sold for more than the models expected — a sign of competitive bidding. Below it, buyers paid under model value.Premium
20222023202420252026
Annual turnover (share of homes sold)The share of all homes here that sold in the trailing 12 months. Higher turnover means a more liquid market where homes trade hands more often.Turnover
20222023202420252026
Buyer mixWho is buying. Cash means no mortgage was recorded, investor means the buyer looked like an investor, and flip means the home resold within a year.CashInvestorFlip resale
20222023202420252026
Financing (share of purchase price)For buyers who borrowed: the middle share of the price they financed, and the middle share they paid up front.Loan (LTV)Down payment
20222023202420252026

Housing Stock

HomesHow many homes we have records for in this area.105
Median value (AVM)The middle estimated value of all homes here, not just the ones that recently sold.$313K
Median sizeThe middle home size here, measured in square feet.948 ft²
Median year builtThe middle build year for homes here. A recent year means most housing is newer.2015
Single familyThe share of homes here that are single-family houses.95%
CondosThe share of homes here that are condos.1.0%

Equity & Ownership

Equity rich (LTV ≤ 50%)The share of owners who owe half or less of what their home is worth, meaning they hold a lot of equity.73%
Underwater (LTV ≥ 125%)The share of owners who owe at least 25% more than their home is worth.2.4%
Owner occupiedThe share of homes lived in by their owner rather than rented out or left empty.23%
Company ownedThe share of homes owned by a company or trust instead of a person.14%
Median loan-to-valueThe middle share of home value still owed on loans across all owners here.14%
Typical ownership tenureHow long the typical owner here has held their home.126.6 yrs

CommunityThese are comparison scores, not percentages. 100 equals the national average, so 150 means about 50% above average.

CrimeLocal crime compared with the rest of the country, where 100 is average. It reflects things like population density, income, and how crime gets reported.168
Air pollutionOverall air pollution compared with the rest of the country, where 100 is average. Lower is cleaner.85
EarthquakeEarthquake risk and likely building damage compared with the rest of the country, where 100 is average. Scores can run far above 100.92

Index scale: 100 = US average (tick). Lower is better.

Homes occupiedThe share of homes here that someone lives in. The rest sit empty, including vacation and for-sale homes.53%
Bachelor's or higherThe share of adults 25 and older whose highest degree is a bachelor's degree.27%
Poverty rateThe share of people whose household income falls below the federal poverty line, which varies by family size.18%
UnemploymentThe share of men 16 and older who are out of work and actively looking. Only men are counted in this figure.1.2%
PopulationHow many people live in this area.283
DensityPeople per square mile. Higher numbers mean a more crowded, urban area.38 / mi²
Median household incomeThe middle household income here — half of households earn more, half earn less.$54K
Average household incomeThe average household income. It runs higher than the median when a few high earners pull it up.$117K
Average tempThe average temperature here across a full year.43°F
Annual precipHow much rain and melted snow falls here in a typical year.45 in
SunshineThe share of daylight hours that get direct sun in a typical year, counting cloud cover.57%

Market metrics are derived from recorded arms-length deeds and refreshed nightly. Temperature blends price momentum, sales velocity, turnover and resale outcomes, ranked against all ZIP codes nationally.

How Hanover 04237 compares

By median home value, Hanover 04237 is the 8th most expensive of 27 ZIP codes in Oxford County, and its typical home is worth more than 58% of all homes in Oxford County.

Home values in Hanover 04237

Share of homes at each estimated value.

Median
$125K$713K
ZIP codes in Oxford County ranked by median home value
#Oxford CountyMedian valueHomes
1Newry 04261$574K1,479
2Bethel 04217$424K2,059
3Denmark 04022$368K737
4Brownfield 04010$338K755
5Oxford 04270$334K3,000
6Fryeburg 04037$327K1,868
7Lovell 04051$316K529
8Hanover 04237$313K105
9Norway 04268$310K2,602
10Waterford 04088$299K885
11Hebron 04238$298K467
12Hiram 04041$295K900
13Stoneham 04231$282K919
14Porter 04068$273K657
15South Paris 04281$265K1,903
16Buckfield 04220$262K1,389
17Greenwood 04255$257K348
18Bryant Pond 04219$239K498
19Peru 04290$230K799
20West Paris 04289$227K690
21Andover 04216$223K505
22Roxbury 04275$205K402
23Sumner 04292$199K438
24Dixfield 04224$175K993

27 ZIP codes in Oxford County are ranked; the most valuable are listed here.

About the Hanover 04237 market

What is the median home price in Hanover 04237, ME?

The median sale price in Hanover 04237, ME is $472,000 (data through April 2026), based on deeds recorded with the county.

How many homes sell in Hanover 04237, ME each year?

6 homes sold in Hanover 04237, ME over the last 12 months (data through April 2026). TopHap counts recorded arm's-length deeds, not listings, so the figure is not affected by which brokerage handled the sale.

How many homes are there in Hanover 04237, ME?

Hanover 04237, ME contains 105 residential properties, with a median of 948 square feet, built around 2015. The median TopHap Estimate is $313K.

How does Hanover 04237, ME compare to the rest of Oxford County?

By median home value, Hanover 04237, ME is the 8th most expensive of 27 ZIP codes in Oxford County. Its typical home is worth more than 58% of all homes in Oxford County. Lovell 04051 ranks just above it and Norway 04268 just below. The ranking is rebuilt nightly from the county assessor record of every home in each area.

Do people own or rent in Hanover 04237, ME?

23% of homes in Hanover 04237, ME are owner-occupied. 14% are held by a company rather than an individual.

How much equity do owners in Hanover 04237, ME hold?

73% of mortgaged homes in Hanover 04237, ME are equity-rich, meaning the loan balance is under half the home's value. 2.4% owe more than the home is worth.

Nearby markets

Browse addresses

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Explore Hanover 04237 on the map

See every recorded sale, price heat map, school zone and flood overlay across Hanover 04237in TopHap’s interactive 3D map.

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