Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $189,900
    0% ( $0 ) vs Apr 2015
  • Median Sales Price
    $149,000
    8% ( $11,000 ) vs Apr 2015
  • Median Foreclosure Sales Price
    $110,000
    3% ( $3,333 ) vs Apr 2015
  • Foreclosures 251
    Homes for Sale 51
    Recently Sold 243

Market Summary

There are currently 251 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 51.

In May, the number of properties that received a foreclosure filing in Hanover Park, IL was 31% higher than the previous month and 6% higher than the same time last year.

Home sales for April 2016 were down 5% compared with the previous month, and up 36% compared with a year ago. The median sales price of a non-distressed home was $149,000. The median sales price of a foreclosure home was $110,000, or 26% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$110,000 (Median Foreclosure Sales Price) $106,667 (Median Foreclosure Sales Price) $118,000 (Median Foreclosure Sales Price) $117,000 (Median Foreclosure Sales Price) $116,000 (Median Foreclosure Sales Price) $119,333 (Median Foreclosure Sales Price) $149,000 (Median Sales Price) $138,000 (Median Sales Price) $148,000 (Median Sales Price) $138,334 (Median Sales Price) $146,750 (Median Sales Price) $144,584 (Median Sales Price) $110,000 (Median Foreclosure Sales Price) $106,667 (Median Foreclosure Sales Price) $118,000 (Median Foreclosure Sales Price) $117,000 (Median Foreclosure Sales Price) $116,000 (Median Foreclosure Sales Price) $119,333 (Median Foreclosure Sales Price) $149,000 (Median Sales Price) $138,000 (Median Sales Price) $148,000 (Median Sales Price) $138,334 (Median Sales Price) $146,750 (Median Sales Price) $144,584 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elgin
83
22.1
% (y-o-y)
$172,000
12.8
% (y-o-y)
36.0%
32.8
% (y-o-y)
Wheaton
82
148.5
% (y-o-y)
$290,000
8.4
% (y-o-y)
25.5%
47.6
% (y-o-y)
Glen Ellyn
79
146.9
% (y-o-y)
$390,000
18.2
% (y-o-y)
64.6%
0.0
% (y-o-y)
Schaumburg
59
4.8
% (y-o-y)
$215,000
12.9
% (y-o-y)
32.6%
37.0
% (y-o-y)
Bartlett
54
86.2
% (y-o-y)
$225,000
3.9
% (y-o-y)
13.4%
0.0
% (y-o-y)
Saint Charles
53
278.6
% (y-o-y)
$287,500
3.2
% (y-o-y)
21.0%
34.0
% (y-o-y)
Carol Stream
51
50.0
% (y-o-y)
$193,500
22.1
% (y-o-y)
18.8%
35.6
% (y-o-y)
Glendale Heights
51
131.8
% (y-o-y)
$156,334
13.7
% (y-o-y)
19.7%
5.5
% (y-o-y)
Streamwood
42
7.7
% (y-o-y)
$168,000
15.1
% (y-o-y)
16.4%
21.2
% (y-o-y)
West Chicago
33
6.5
% (y-o-y)
$213,500
18.0
% (y-o-y)
36.1%
26.5
% (y-o-y)

Local Info For Hanover Park

Population:
37,743
Cost of Living Index: 113.71
Crime Index: 42.08     Rating: A- View crime details
Schools: 10    Average School Rating: C+ View individual school rating
Household Median Income: $63,649
Unemployment: 6.70%
Percentage of vacant homes: 6.01%

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