Michael and Karla Nelson buy 10751 Settlers Lane N., Hanover

The home at 10751 Settlers Lane N., Hanover, Hennepin County, was sold on May 11 by A Minnesota LLC Ctw Capital LLC for $391,000.

Michael and Karla Nelson were listed as the buyers.

Property taxes on the home totaled $4,345 in 2024, or 1.1% of the sale price.

This property is one of two sales in Hanover, Hennepin County, between April 11 and May 11.

This article is based on data published by BlockShopper.com.

U.S. home prices continued to rise in 2025, with the national median reaching about $447,000 in June. That's up 1.13% from a year earlier, according to Redfin. The data also show a significant gap in supply and demand, with 36% more sellers than buyers (a difference of 508,715 homes). By Redfin’s definition, a balanced market has seller and buyer numbers within 10% of each other.