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Compare cities · September 2026

Hanover vs. Independence

Homes in Independence sold for a median $900,000 over the 12 months through September 2026, 96% more than in Hanover ($459,950). Homes sold faster in Hanover: 55 days on market on average, against 113 in Independence. Hanover's homes are newer, with a median year built of 2003 against 1989. Independence is closer to downtown Minneapolis: about 35 minutes by car, against 44. The two are about 10 miles apart.

Wright & Hennepin County

Hanover

$459,950median sale price

Hennepin County

Independence

$900,000median sale price

Housing market, 12 months through September 2026

MeasureHanoverIndependence
Median sale price$459,950$900,000
Change from a year earlier+2.4%+12.5%
Homes sold8235
Days on market55113
Share of original list price98.7%96.7%
Price per square foot$220$276
New listings24967
Homes for sale (September 2026)4823
Months of supply (September 2026)6.46.8

Source: Minneapolis Area REALTORS® Local Market Update (NorthstarMLS data).

The homes

MeasureHanoverIndependence
Median home value (owner estimate)$447,900$663,400
Median year built20031989
Single-family homesShare of all housing units, detached houses98%96%
Owner-occupied homes93%92%
Median rent$1,853$3,469

Source: US Census Bureau, American Community Survey 2020–2024.

The place

MeasureHanoverIndependence
Population (2024)4,2293,710
Land area5.5 sq mi32.4 sq mi
Drive to Downtown Minneapolis44 min35 min
Drive to Downtown Saint Paul55 min48 min
Drive to MSP Airport60 min49 min
Drive to Mall of America56 min46 min
Drive to University of Minnesota48 min40 min
Average commute to work30.7 min24.6 min
Lakes of 10+ acresMinnesota DNR lake outlines touching the city06

Source: US Census Bureau 2024 estimates and TIGER/Line; drive times from OpenStreetMap routing (light traffic).

Hanover

School districts: Buffalo-Hanover-Montrose Public Schools, St. Michael-Albertville School District

Independence

School districts: Delano Public School District, Orono Public School District, Westonka Public School District

Largest lakes: Lake Independence (832 acres), Lake Sarah (557 acres), Lake Rebecca (263 acres), Robina Lake (235 acres), Haughey Lake (54 acres)

How we compare places: by their homes, housing market and location only, from public sources, never by who lives there. Medians describe the middle home; both places have homes well above and below them.

Quick answers

Hanover or Independence?

Is Hanover or Independence more expensive?

Independence. The median sale price was $900,000 there and $459,950 in Hanover over the 12 months through September 2026, according to the Minneapolis Area REALTORS® Local Market Update. The median is the middle sale, so both have homes well above and below it.

Where do homes sell faster, Hanover or Independence?

Hanover: 55 days on market on average against 113, over the 12 months through September 2026.

Which is closer to downtown Minneapolis?

Independence, about 35 minutes by car in light traffic (44 from Hanover). To downtown Saint Paul: 55 minutes from Hanover, 48 from Independence.

How far apart are Hanover and Independence?

About 10 miles in a straight line between their centers.

Which has more lakes, Hanover or Independence?

Independence has more: 0 lakes of 10+ acres touch Hanover and 6 touch Independence (largest: Lake Independence), by Minnesota DNR lake outlines.

Which school districts serve Hanover and Independence?

Hanover: Buffalo-Hanover-Montrose Public Schools and St. Michael-Albertville School District. Independence: Delano Public School District, Orono Public School District and Westonka Public School District. School district lines don't follow city lines, so check the district for a specific address before you buy.

Should I buy in Hanover or Independence?

It depends on your budget, the kind of home you want and where you need to get to each day. This page compares the homes, prices and locations; a Huerkamp Home Group agent can show you homes in both and walk you through what's selling now.

Deciding between them?

See homes in Hanover and Independence.

A Huerkamp Home Group agent can show you homes in both, tell you what's selling and for how much right now, and help you decide. There's no cost to buyers.

(612) 843-9620

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