The story of this market
The typical home in ZIP 17331 sells for about $299,749, or $174 per square foot.
Prices are up +2% from a year ago, so sellers still have some momentum. Homes take about 31 days to sell. HUD's fair market rent for a two-bedroom is $1,198 a month.
ZIP 17331 — Hanover
The 17331 housing market is currently very competitive with a median sale price of approximately $300,000. While sales volume has seen a slight decline year-over-year, the market maintains a balanced sale-to-list ratio of 100%. Demand remains steady, supported by a local median household income of nearly $80,000.
This ZIP is suitable for families and commuters seeking a balanced market with access to the York-Hanover metro area.
Median prices moved up 2.0% year over year.
Homes spend a median of 31 days on market with 0.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 8.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 17331
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The mean commute time for residents is approximately 28 minutes.
The area features local parks and shopping districts within the Hanover vicinity.
The rental market shows a median rent of $1,846 with a year-over-year growth of 9.30%.
The area is part of the York-Hanover metro economy, which features a mix of manufacturing and service-sector employment.
Data sourced from Census Reporter ZCTA 17331 profile.
Various retail and commercial centers along Baltimore Pike.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.