Is Hanover, MD 21076 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Hanover is a seller’s market. With about 2.4 months of supply and 36% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Months of supply2.4Under 4 months = seller’s market

Sold above original list35.9%Share of sales, last 3 months

Median sale-to-list100.1%Sold price ÷ list price

Median days on market36Listing to accepted offer

Median price per sq ft$241▲ +5.5% vs. last year

Run the numbers for 21076

Prefilled for 21076Can I win this house?Multiple-offer likelihood for a listing Prefilled for 21076Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Annapolis 21401Seller’s market $331 /sq ft Annapolis 21403Seller’s market $366 /sq ft Annapolis 21405 $807 /sq ft Annapolis 21409Seller’s market $286 /sq ft Browse all markets →

Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology