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City in Ontario

Houses for sale under $1M in Hanover

Looking for cheap houses for sale in Hanover? 43 homes in Hanover are listed for sale under $1M, which is 88% of everything for sale. Most are detached houses.

community-oriented family-friendly quiet

7,967 people lived in Hanover at the 2021 Census, in 3,435 households. 64% of households owned their home and 36% rented. The most common homes were single-detached houses (64%) and low-rise apartments (17%). 64% of homes were built before 1981, and 9% since 2011. 88% of commuters went to work by car and 0% by public transit.

Hanover, Ontario

Houses for Sale in Hanover Under $1M

Day to dayLivability

5.5

Schools near listings

out of 10 · averaged over 889 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$588,000

18% below Ontario

In Hanover

$588,000

In Ontario

$716,900

Median monthly rent

$1,800/mo

28% below Ontario

In Hanover

$1,800

In Ontario

$2,499

$411

Per square foot

≈ 27.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $588,000

Houses 45 · Condos 4

For rent

Median $1,800

Houses 3

Recently sold

Recently leased

Market data as of 2026-08-16. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable compared to province median prices
Family-friendly with several schools
Multiple parks for outdoor activities
Variety of restaurants available

Keep in mind

Limited public transit options
Few grocery stores in the area

The feel of the placeLifestyle

Daily life in Hanover is relaxed with access to parks and schools. Residents enjoy a small-town atmosphere with local dining options.

Great for first-time buyers families retirees

Within the boundaryWhat's nearby

The boundary

9.8 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 9.8 km² of Hanover. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

5.6/10

Average rating of the 4 rated schools in this area

Elementary

Secondary

John Diefenbaker Senior School
Public · Grades 9–12 · Bluewater DSB
6.0/105.1 over 5 yrs
390th of 742 Ontario secondary schools
625 students · EQAO 2024-2025
Dawnview Public School
Public · Grades JK–6 · Bluewater DSB
5.9/104.1 over 5 yrs
1,664th of 3,045 Ontario elementary schools
195 students · EQAO 2024-2025
Holy Family Separate School
Catholic · Grades JK–8 · Bruce-Grey CDSB
5.2/105.1 over 5 yrs
2,081st of 3,045 Ontario elementary schools
345 students · EQAO 2024-2025
Hanover Heights Community School
Public · Grades JK–8 · Bluewater DSB
5.1/104.4 over 5 yrs
2,146th of 3,045 Ontario elementary schools
395 students · EQAO 2024-2025
BGCDSB - Adult Continuing Education School
Catholic · Grades 9–12 · Bruce-Grey CDSB
Not rated
Bruce-Grey CDSB Summer Learning Program Catholic School
Catholic · Grades K–6 · Bruce-Grey CDSB
Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Hanover, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

7,967

Population (2021)

9.8 km²

Area

815

People per km²

49.6

Median age

$73,092

Median income

64%

Own their home

2.2

People per household

3,435

Households

Every age

Children (under 15)14.5%
Working age (15–64)55.7%
Seniors (65+)29.8%

What is built here

Detached houses64%
Semi-detached3.2%
Townhouses7.7%
Duplexes4.2%
Low-rise apartments16.9%
High-rise apartments3.6%

Own or rent

64%Owners

36%Renters

Across 3,435 households

When it was built

Mostly 1960 or earlier

1960 or earlier32%
1961–198032%
1981–19908%
1991–20009%
2001–20054%
2006–20105%
2011–20153%
2016–20216%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

6.2%
Born outside Canada: 9.6%
Hold a degree or higher: 50%
Employment rate: 0%
Commute by transit: 87.6%
Commute by car: 1.8
Children per family: $65,395
Median income after tax: $86,097
Average household income: 11.4%
Living on a low income: $1,064/mo
Renters pay, per month: $901/mo
Owners pay, per month: $429,454
Median home value at census: 42%
Renters spending 30%+ of income on housing: 6%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 14 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry, Photo: © Wikimedia Commons contributors (CC BY-SA)

Questions, answered

Common questions about houses for sale under $1M in Hanover

How many homes in Hanover sell for under $1M?

43 homes in Hanover are listed for sale under $1M today, 88% of the 49 homes for sale. Their median asking price is $550,000.

All homes for sale in Hanover

What kind of home can I buy in Hanover for under $1M?

Under $1M, Hanover has detached houses (32), condo apartments (4) and multiplexes (3) for sale. Most have 2 to 4 bedrooms.

Houses for sale in Hanover

Keep looking

More Homes for Sale in Hanover

49 homes are for sale in Hanover. Browse by neighbourhood or home type below — and get the industry's highest Cashback Rebate when you buy with HOMEH.