TWIN CITIES NEW CONSTRUCTION GUIDE 2026 V2

HANOVER

Downtown Commute: 30 miles, 30-45 min

Airport Commute: 40 miles, 40-60 min

New Developments 4 Communities

Tax Rate: 1.05-1.19%

Restaurants 2 rated 4.5+

A quieter northwest metro community offering newer housing, more space, and a genuine small-town feel.

MARKET SNAPSHOT

Hanover offers a different feel from many Twin Cities suburbs. Rather than coming across as dense or heavily built out, it has a genuine small-town identity, with the Crow River running through the city and a setting that feels quieter, more open, and more residential than many closer-in suburbs. That combination of natural surroundings and slower pace is a big part of the appeal for buyers who want some separation from the busier parts of the metro without feeling completely disconnected. “A genuine small-town identity with natural surroundings and a slower pace.” Housing-wise, Hanover stands out as a place where newer construction is a major part of the story, but it's not just brand-new subdivisions. The mix includes established homes, larger lots, and newer neighborhoods that continue to bring growth to the area. That makes Hanover attractive to buyers who want more house, more yard, and a less crowded neighborhood feel while still having access to modern floor plans and newer home options.

Median Sales Prices: — Single Family: $459,900 — Townhomes: $425,000 — New Construction: $472,540

Price Per Square Foot: — Resale Homes: $188 — New Construction: $229

“More house, more yard, and a less crowded neighborhood feel.”

Month Supply of Inventory: 4.4

Brandon Doyle | brandon@doylerealestateteam.com | 612–702–7687

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