Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $165,000
    0% ( $100 ) vs Aug 2013
  • Median Sales Price
    $145,000
    8% ( $13,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $107,107
    8% ( $7,607 ) vs Aug 2013
  • Foreclosures 390
    Homes for Sale 57
    Recently Sold 341

Market Summary

There are currently 390 properties in Hanover Park, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 57.

In September, the number of properties that received a foreclosure filing in Hanover Park, IL was 41% higher than the previous month and 34% lower than the same time last year.

Home sales for August 2014 were up 33% compared with the previous month, and down 41% compared with a year ago. The median sales price of a non-distressed home was $145,000. The median sales price of a foreclosure home was $107,107, or 26% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$107,107 (Median Foreclosure Sales Price) $99,500 (Median Foreclosure Sales Price) $92,000 (Median Foreclosure Sales Price) $98,500 (Median Foreclosure Sales Price) $105,500 (Median Foreclosure Sales Price) $91,000 (Median Foreclosure Sales Price) $145,000 (Median Sales Price) $158,000 (Median Sales Price) $160,250 (Median Sales Price) $156,000 (Median Sales Price) $140,000 (Median Sales Price) $130,000 (Median Sales Price) $107,107 (Median Foreclosure Sales Price) $99,500 (Median Foreclosure Sales Price) $92,000 (Median Foreclosure Sales Price) $98,500 (Median Foreclosure Sales Price) $105,500 (Median Foreclosure Sales Price) $91,000 (Median Foreclosure Sales Price) $145,000 (Median Sales Price) $158,000 (Median Sales Price) $160,250 (Median Sales Price) $156,000 (Median Sales Price) $140,000 (Median Sales Price) $130,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elgin
125
54.7
% (y-o-y)
$157,750
16.0
% (y-o-y)
34.2%
40.3
% (y-o-y)
Schaumburg
124
47.2
% (y-o-y)
$205,000
7.0
% (y-o-y)
23.9%
49.2
% (y-o-y)
Saint Charles
99
29.3
% (y-o-y)
$305,000
6.3
% (y-o-y)
28.9%
47.0
% (y-o-y)
Wheaton
85
38.8
% (y-o-y)
$290,000
6.5
% (y-o-y)
28.9%
45.3
% (y-o-y)
Glen Ellyn
61
28.2
% (y-o-y)
$330,000
6.3
% (y-o-y)
12.0%
13.2
% (y-o-y)
Bartlett
61
39.0
% (y-o-y)
$245,000
3.2
% (y-o-y)
8.2%
33.7
% (y-o-y)
Streamwood
56
46.7
% (y-o-y)
$159,000
2.6
% (y-o-y)
24.4%
31.0
% (y-o-y)
Carol Stream
46
28.1
% (y-o-y)
$220,000
24.6
% (y-o-y)
38.0%
26.6
% (y-o-y)
Glendale Heights
44
33.3
% (y-o-y)
$162,500
27.5
% (y-o-y)
18.8%
12.5
% (y-o-y)
Hoffman Estates
41
44.6
% (y-o-y)
$204,000
13.3
% (y-o-y)
33.8%
38.5
% (y-o-y)

Local Info For Hanover Park

Population:
37,743
Cost of Living Index: 113.71
Crime Index: 21.32     Rating: A View crime details
Schools: 10    Average School Rating: C+ View individual school rating
Household Median Income: $63,649
Unemployment: 5.60%
Percentage of vacant homes: 6.01%