Residential market report · Niedersachsen

Apartment prices in Hanover 2026

Buying an apartment in Hanover costs a median of 3,318 €/m² (offer prices, not notarized sale prices; as of August 2026). The 3-year history contains 10,071 listings across more than 47 portals.

Felix Schlendorfer · ScreenImmos Market AnalysisAs of 10,071 listings in 3 years · 47+ portals
Median €/m²3,318 €/m²-15% vs Germany
12-month trend▼ -1%rolling 6 mo.
Spread P25–P7562 %2,667–4,321 €/m²
Median total price249,000 €75.6 m² median
Rank in Germany45 / 70by €/m²
Time on market41 daysmedian
Trend · whole market

ScreenImmos Listing-Price Index — Hanover

Live index of asking prices per m² by property class, rebased to 100 at the window start. Switch class, period and display.

The median price per m² in Hanover rose from 3,099 €/m² (September 2023) to 3,318 €/m² today (as of August 2026); -1% year over year.

3,074 €/m²3,180 €/m²3,286 €/m²2023-092025-032026-08Berechneter Median €/m²
View whole-market monthly values
MonthCalculated €/m²Monthly value €/m²Listings
September 20233,099 €/m²3,143 €/m²346
October 20233,145 €/m²3,282 €/m²349
November 20233,166 €/m²3,251 €/m²342
December 20233,178 €/m²3,237 €/m²246
January 20243,206 €/m²3,264 €/m²317
February 20243,219 €/m²3,138 €/m²275
March 20243,192 €/m²2,977 €/m²218
April 20243,156 €/m²3,071 €/m²202
May 20243,130 €/m²3,092 €/m²196
June 20243,105 €/m²3,088 €/m²251
July 20243,074 €/m²3,077 €/m²271
August 20243,089 €/m²3,231 €/m²244
September 20243,137 €/m²3,264 €/m²197
October 20243,135 €/m²3,059 €/m²201
November 20243,137 €/m²3,105 €/m²226
December 20243,159 €/m²3,216 €/m²178
January 20253,162 €/m²3,096 €/m²244
February 20253,182 €/m²3,350 €/m²282
March 20253,186 €/m²3,287 €/m²277
April 20253,214 €/m²3,230 €/m²235
May 20253,258 €/m²3,369 €/m²283
June 20253,278 €/m²3,333 €/m²252
July 20253,286 €/m²3,148 €/m²241
August 20253,259 €/m²3,189 €/m²252
September 20253,254 €/m²3,252 €/m²336
October 20253,224 €/m²3,052 €/m²291
November 20253,186 €/m²3,144 €/m²234
December 20253,183 €/m²3,315 €/m²241
January 20263,214 €/m²3,333 €/m²319
February 20263,187 €/m²3,025 €/m²207
March 20263,168 €/m²3,137 €/m²282
April 20263,210 €/m²3,309 €/m²246
May 20263,242 €/m²3,335 €/m²336
June 20263,224 €/m²3,205 €/m²376
July 20263,173 €/m²3,029 €/m²501
August 20263,231 €/m²3,370 €/m²260

Calculated median per m² over time. Asking prices, not notarised sale prices. Historical sample: 10,071 listings across the full timeline.

Where is the premium in Hanover?

Median asking prices per m² by property class — energy efficiency, apartment type, size and use, side by side.

The energy premium

Efficient flats (A–B) cost +29 % more per m² than inefficient ones (E–H).

Efficient (A–B)3,957+19 %47 %
Mid (C–D)3,070−7 %35 %
Inefficient (E–H)3,164−5 %18 %

Median €/m² of active listings · Δ vs city median · share

Premium by apartment type

Penthouse leads at 4,965 €/m² — +60 % above Maisonette.

Standard3,221−3 %72 %
Ground floor3,679+11 %13 %
Top floor3,611+9 %6 %
Maisonette3,097−7 %4 %
Penthouse4,965+50 %3 %
Loft3,307+0 %2 %

Median €/m² of active listings · Δ vs city median · share

Price by unit size

Small units fetch +40 % more per m² than the cheapest class.

1 room2,917−12 %10 %
2 rooms3,143−5 %32 %
3 rooms3,518+6 %33 %
4 rooms3,542+7 %19 %
5+ rooms4,096+23 %6 %

Median €/m² of active listings · Δ vs city median · share

Price by floor area

Between the smallest and largest size class there is +45 % per m².

up to 50 m²2,950−11 %17 %
50–80 m²3,143−5 %38 %
80–120 m²3,500+5 %30 %
over 120 m²4,280+29 %14 %

Median €/m² of active listings · Δ vs city median · share

Tenanted vs. vacant

Tenanted listings sit −13 % relative to owner-occupied ones.

Owner-occupied3,467+4 %71 %
Tenanted3,026−9 %29 %

Median €/m² of active listings · Δ vs city median · share

See all key figures as a table
Key figures Hanover · as of August 2026
MetricValue
Median asking price3,318 €/m²
vs German median-15% (3,924 €/m²)
Rank in Germany45 of 70
Range P25–P752,667 €/m² – 4,321 €/m²
Percentiles P10 / P902,001 €/m² / 5,263 €/m²
Median total price249,000 €
Median living area75.6 m²
Median rooms3
12-month trend-1%
Median days on market41 days
Share with a price cut14.4%
Offered tenanted28.6%
Active listings1,843

Source: Felix Schlendorfer · ScreenImmos Market Analysis · offer prices, not notarized sale prices · historical sample: 10,071 listings across the 3-year history · as of August 2026 · Methodology · Data as JSON

Historical sample: 10,071 listings across the 3-year history, deduplicated at the property level · offer prices, not notarized sale prices.

What is the price per square metre in Hanover?

From the cheap tenth (P10) to the high-end tenth (P90) of offers per m².

50% of offers in Hanover lie between 2,667 €/m² and 4,321 €/m² per square metre; the median is 3,318 €/m².

View percentile table
Percentile€/m²
P10 (low)2,001 €/m²
P252,667 €/m²
Median (P50)3,318 €/m²
P754,321 €/m²
P90 (high-end)5,263 €/m²
Germany (median)3,924 €/m²

How fast do apartments sell in Hanover?

Median time on market and repricing among active listings.

In Hanover, active listings stay on the market for a median of 41 days and the price was cut on 14.4% of offers.

Median days on market (active)41 days
Share with a price cut14.4%
Offered tenanted28.6%

What kinds of apartments are offered in Hanover?

Most common construction-era class in Hanover: 1950–1979 (47%).

Construction era

  • Pre-1900 2 %
  • 1900–1949 18 %
  • 1950–1979 47 %
  • 1980–1999 8 %
  • 2000 or later 15 %
  • Unknown 10 %
Construction era as a table
Construction eraShareListings
Pre-19001.8%33
1900–194917.6%324
1950–197947.2%869
1980–19998.5%156
2000 or later15.3%282
Unknown9.7%179

Condition

  • Well kept 43 %
  • Not specified 30 %
  • New build 12 %
  • Excellent condition 10 %
  • Needs renovation 5 %
Condition as a table
ConditionShareListings
Well kept43.2%796
Not specified30.2%556
New build11.7%215
Excellent condition10%184
Needs renovation5%92

Features

Features as a table
FeatureShare
Balcony/terrace73.3%
Elevator32.2%
Cellar70.5%
Offered tenanted28.6%

Is Hanover more expensive than other German cities?

Median price per m² versus neighbouring markets and the national median.

Hanover ranks 45 of 70 analysed cities and is -15% versus the German median.

See comparison table
MarketMedian €/m²Δ vs HanoverRank DE
Schneverdingen5,461 €/m²+65%9 / 70
Germany3,924 €/m²+18%
Oldenburg3,519 €/m²+6%42 / 70
Kiel3,369 €/m²+2%43 / 70
Aachen3,351 €/m²+1%44 / 70
Hanover3,318 €/m²45 / 70
Dresden3,147 €/m²-5%46 / 70
Leipzig3,040 €/m²-8%47 / 70
Pforzheim2,956 €/m²-11%48 / 70

Apartment prices in other German cities

Compare median price per m² across the German cities we cover in English.

Frequently asked questions about apartment prices in Hanover

How much does an apartment cost in Hanover?

The median asking price for condominiums in Hanover is 3,318 €/m² (offer prices, not notarized sale prices; as of August 2026). The median total price is 249,000 € for a 75.6 m² apartment; the 3-year history contains 10,071 listings.

What is the price per square metre in Hanover in 2026?

The median price per square metre in Hanover is 3,318 €/m². A 70 m² apartment therefore costs about 232,260 € — an asking price, not a notarized sale price.

How have apartment prices in Hanover developed?

Year over year the median price per square metre in Hanover is -1% (rolling six-month average of offer medians).

Is Hanover more expensive than the German average?

The median in Hanover (3,318 €/m²) is 15% cheaper than the German national median of 3,924 €/m² per square metre.

Where does Hanover rank among German cities by price?

With 3,318 €/m², Hanover ranks 45 of 70 analysed German cities, sorted by median price per square metre (most expensive first).

What is the price range for apartments in Hanover?

From the cheap tenth at 2,001 €/m² (P10) to the high-end tenth at 5,263 €/m² (P90); the middle half of offers lies between 2,667 €/m² and 4,321 €/m² per square metre.

Are apartments in Hanover mostly old or new builds?

The most common construction-era class among active listings in Hanover is 1950–1979 (47%).

How fast do apartments sell in Hanover?

Active listings in Hanover stay on the market for a median of 41 days (current asking listings).

How many apartments are for sale in Hanover?

We currently analyse 1,843 active condominium listings in Hanover (as of August 2026), deduplicated at the property level across more than 47 portals.

How this analysis is made

All figures are asking prices from the public listings of more than 47 German property portals (incl. ImmoScout24, Immowelt, Immonet, Kleinanzeigen), deduplicated at the property level. This is a statistical analysis, not notarized sale prices. Only condominiums are included; we do not report rental yields or price-to-rent multiples because no rental data is used. Full methodology →

Compiled by Felix Schlendorfer · ScreenImmos Market Analysis · SiebenHolding GmbH · as of

How to cite: “Felix Schlendorfer · ScreenImmos Market Analysis, screenimmos.de/en/property-prices/hanover/, as of August 2026.”

About the author: Felix Schlendorfer, founder and real-estate market analyst — responsible for the content under § 18 (2) MStV.

See property-level valuations