What does $350K–$500K buy in Hanover County in 2026?

In September 2026, the $350K–$500K band in Hanover County had a median closing price of $415,000, a median of 12 days on market and a price of $237.03 per square foot, based on 36 closed sales.

It also moved faster than any other Hanover band with a reported median. Here is what that looks like in practice.

What did the $350K–$500K band look like in September?

Measure (Hanover, $350K–$500K)	September 2026
Closed sales	36
Median sale price	$415,000
Median days on market	12
Median price per square foot	$237.03
Active listings	103
Months of supply	2.3

Thirty-six sales is enough to describe the month. It is not enough to define the band, so a different month could look a little different.

How does it compare with the other bands?

The county’s $350K–$500K homes sold faster than the bands on either side, and the gap widens at the extremes.

Band	Closed sales	Median price	Days on market	$/sq ft	Months of supply
$250K–$350K	11	$325,000	46	$240.21	2.2
$350K–$500K	36	$415,000	12	$237.03	2.3
$500K–$750K	38	$602,500	14.5	$219.42	3.0
$750K–$1M	10	$867,000	50	$246.74	3.6

Two things stand out. The $250K–$350K band had only 11 sales, so its 46-day median rests on a small sample. And the $500K–$750K band had slightly more sales than ours but a bit more supply, at 3.0 months.

The $1M+ band had 4 sales and 29 active listings, which was too few sales for a median, so I won’t describe what it buys.

What kind of home is it?

I can tell you the county as a whole: 93 of September’s 103 closed sales were detached homes, with a median of $527,000. The data doesn’t break the $350K–$500K band down by property type, so I wouldn’t promise a style, lot size or age.

Price per square foot was $237.03 in this band, compared with $219.42 in the $500K–$750K band. A higher price per foot in the lower band does not mean you pay more for what you get, because price per square foot varies with home size and features. Compare homes by what you would actually use.

What does it mean for a buyer?

This is interpretation, not data.

With a median of 12 days on market and 2.3 months of supply, homes in this band moved quickly last month. Have your financing ready before you tour, and decide ahead of time what you would pay for a home that fits.

The countywide figures add a little context. Hanover’s median sale-to-list ratio was 100.0%, and 39.8% of homes sold above list. Those are countywide figures, not specific to this band, and not a promise about any particular home.

Choice was building, though: countywide, active listings were up 16.9% from a year ago to 353. If a home doesn’t suit you, another may be along.

What should I do next?

If you are shopping in this range, tell us what matters most and we’ll pull recent Hanover sales for homes like it. Start with our buying page, and see Daniel Keeton. You might also read how our other price-band guide for Chesterfield County compares.

Source: Keeton & Co analysis of CVR MLS data, September 2026. Data through October 3, 2026. Prices and per-square-foot figures are medians of closed sales; active listings and months of supply describe homes for sale at month end. Full figures are on the Hanover County market page.