Hanover Park, IL Home Values & Market Trends
Real estate market trends reflect that there have been 400 transactions over the past year in Hanover Park. The median value for residential home transactions that occurred over the previous year is $270,693.28. The number of current listings in Hanover Park is 10, and the percentage of properties for sale in the city is 10.00%. Hanover Park, IL currently has 55 properties in foreclosure, 1 bank owned properties, 9 properties headed for auction, and 10 properties for sale.
Hanover Park, IL Real Estate Market Overview
Zip | Median Est. Value |
---|---|
60133 | $ 239,089 $ 184/sqft |
Housing Market Summary for Hanover Park, IL
Mar 2023 | February 2024 | Change | |
---|---|---|---|
Median Listing Price | $272.5K | $267.7K | -1.77% |
Median Sold Price | $275.2K | $267.7K | -2.72% |
Homes For Sale | 13 | 12 | -7.69% |
Homes Sold | 250 | 246 | -1.60% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hanover Park, IL
Browse Homes in Hanover Park, IL
Hanover Park home values range from $30,408 to $852,560. The median estimated value of a home in Hanover Park is $270,693.28. The median list price of a home is 263,700, and the total count of properties in the city is 9,986.
- Pre-ForeclosurePre-foreclosure homes account for 0.45% of all residential properties in Hanover Park, IL with 60133 containing 45 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hanover Park, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $367,711 in 60133 to the lowest home value of $193,906 in 60133.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hanover Park, IL ranges from the highest value of $165,900 in 60133 to the lowest value of $165,900 in 60133. Bank owned homes and properties account for 0.01% of properties in Hanover Park, IL. There is 1 zips within Hanover Park, IL; 60133 containing 1 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60133 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Hanover Park, IL. Auction homes and other auction properties account for 0.09% of all properties in Hanover Park, IL. There is 1 zips within Hanover Park, IL; of that zips, the median estimated home value for homes going to auction ranges from $285,044 in 60133 to the lowest value of $63,400 in 60133.
Compare Nearby Cities
More Real Estate Resources for Hanover Park, IL
Guide for Hanover Park, IL
A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.
Learn about the 28% rule, expert tips, and budgeting strategies to ensure you spend wisely on your dream home.
Learn what a Zombie property is and how to avoid your home becoming one.
This analysis highlights the significant growth in Boston’s real estate market with increasing property values, and the diversity of pricing in its neighborhoods. It presents a dynamic market catering to a wide range of buyers and investors, from high-end to more economic entry points.