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Median sale price
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ZIP 88042 in Hanover, NM: housing market trends

The median home sale price in ZIP 88042 in Hanover, NM was $304,910 for the three-month period ending September 2026. A year-over-year comparison for sale prices is unavailable. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$304,910
three-month period ending September 2026
Median sale price per sq ft
$164.83
three-month period ending September 2026
Active listings
4
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 4 active listings for the three-month period ending September 2026. Active listings were 33.3% lower than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 252 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 88042 in Hanover, NM
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$304,910$164.831 · small sample
Single-familySeptember 2026$304,923$164.831 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 88042 in Hanover, NM
MarketMedian sale priceReporting period / source
Hillsboro, NM$396,5003 months ending August 2026 · Redfin
Garfield, NMUnavailableMonth ending unavailable date · Zillow
Caballo, NM$285,0003 months ending January 2024 · Redfin
Williamsburg, NM$140,0003 months ending May 2025 · Redfin
Hanover, NM$99,8523 months ending September 2026 · Redfin
Elephant Butte, NM$399,3103 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 88042 in Hanover, NM
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$304,910$164.834
August 2026$350,750$200.443
July 2026$350,750$200.443
June 2026$396,500$236.016
May 2026UnavailableUnavailable6
April 2026UnavailableUnavailable6
March 2026$299,900$131.105
February 2026$299,900$131.106
January 2026$299,900$131.106
December 2025UnavailableUnavailable5
November 2025UnavailableUnavailable5
October 2025UnavailableUnavailable5
September 2025UnavailableUnavailable6
August 2025UnavailableUnavailable6
July 2025UnavailableUnavailable6
June 2025$499,900$201.335
May 2025$419,950$197.375
April 2025$419,950$197.374
March 2025$340,000$193.406
February 2025UnavailableUnavailable6
January 2025$389,900$235.456
December 2024$389,900$235.456
November 2024$389,900$235.456
October 2024UnavailableUnavailable6

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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