Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $165,300
    0% ( $200 ) vs May 2014
  • Median Sales Price
    $150,750
    0% ( $500 ) vs May 2014
  • Median Foreclosure Sales Price
    $91,500
    8% ( $7,750 ) vs May 2014
  • Foreclosures 307
    Homes for Sale 86
    Recently Sold 111

Market Summary

There are currently 307 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 86.

In June, the number of properties that received a foreclosure filing in Hanover Park, IL was 28% lower than the previous month and 53% lower than the same time last year.

Home sales for May 2015 were up 57% compared with the previous month, and down 35% compared with a year ago. The median sales price of a non-distressed home was $150,750. The median sales price of a foreclosure home was $91,500, or 39% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$91,500 (Median Foreclosure Sales Price) $99,250 (Median Foreclosure Sales Price) $109,750 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $113,000 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $150,750 (Median Sales Price) $150,250 (Median Sales Price) $158,250 (Median Sales Price) $166,000 (Median Sales Price) $155,000 (Median Sales Price) $154,000 (Median Sales Price) $91,500 (Median Foreclosure Sales Price) $99,250 (Median Foreclosure Sales Price) $109,750 (Median Foreclosure Sales Price) $122,000 (Median Foreclosure Sales Price) $113,000 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $150,750 (Median Sales Price) $150,250 (Median Sales Price) $158,250 (Median Sales Price) $166,000 (Median Sales Price) $155,000 (Median Sales Price) $154,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elgin
121
12.9
% (y-o-y)
$150,000
9.1
% (y-o-y)
30.7%
36.7
% (y-o-y)
Schaumburg
88
27.9
% (y-o-y)
$182,000
13.7
% (y-o-y)
30.2%
35.9
% (y-o-y)
Saint Charles
66
18.5
% (y-o-y)
$265,000
5.0
% (y-o-y)
Data not available
Wheaton
66
29.8
% (y-o-y)
$326,750
16.7
% (y-o-y)
51.0%
54.6
% (y-o-y)
Glen Ellyn
59
11.9
% (y-o-y)
$359,000
3.1
% (y-o-y)
25.3%
46.8
% (y-o-y)
Bartlett
46
22.0
% (y-o-y)
$214,000
9.7
% (y-o-y)
Data not available
Glendale Heights
45
0.0
% (y-o-y)
$156,000
1.0
% (y-o-y)
9.3%
33.3
% (y-o-y)
Carol Stream
42
6.7
% (y-o-y)
$186,750
4.6
% (y-o-y)
9.2%
17.4
% (y-o-y)
Streamwood
41
33.9
% (y-o-y)
$160,000
10.0
% (y-o-y)
32.8%
15.5
% (y-o-y)
South Elgin
36
2.9
% (y-o-y)
$227,750
39.7
% (y-o-y)
12.2%
10.9
% (y-o-y)

Local Info For Hanover Park

Population:
37,743
Cost of Living Index: 113.71
Crime Index: 20.82     Rating: A View crime details
Schools: 10    Average School Rating: C+ View individual school rating
Household Median Income: $63,649
Unemployment: 5.40%
Percentage of vacant homes: 6.01%