Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $159,900
    0% ( $50 ) vs Nov 2013
  • Median Sales Price
    $150,000
    1% ( $1,000 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $130,000
    1% ( $750 ) vs Nov 2013
  • Foreclosures 354
    Homes for Sale 67
    Recently Sold 284

Market Summary

There are currently 354 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 67.

In December, the number of properties that received a foreclosure filing in Hanover Park, IL was 16% higher than the previous month and 2% lower than the same time last year.

Home sales for November 2014 were down 49% compared with the previous month, and up 0% compared with a year ago. The median sales price of a non-distressed home was $150,000. The median sales price of a foreclosure home was $130,000, or 13% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$130,000 (Median Foreclosure Sales Price) $129,250 (Median Foreclosure Sales Price) $128,500 (Median Foreclosure Sales Price) $107,107 (Median Foreclosure Sales Price) $99,500 (Median Foreclosure Sales Price) $92,000 (Median Foreclosure Sales Price) $150,000 (Median Sales Price) $151,000 (Median Sales Price) $147,500 (Median Sales Price) $145,000 (Median Sales Price) $158,000 (Median Sales Price) $160,250 (Median Sales Price) $130,000 (Median Foreclosure Sales Price) $129,250 (Median Foreclosure Sales Price) $128,500 (Median Foreclosure Sales Price) $107,107 (Median Foreclosure Sales Price) $99,500 (Median Foreclosure Sales Price) $92,000 (Median Foreclosure Sales Price) $150,000 (Median Sales Price) $151,000 (Median Sales Price) $147,500 (Median Sales Price) $145,000 (Median Sales Price) $158,000 (Median Sales Price) $160,250 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elgin
127
19.1
% (y-o-y)
$154,500
16.2
% (y-o-y)
40.5%
28.6
% (y-o-y)
Schaumburg
76
32.7
% (y-o-y)
$201,000
5.0
% (y-o-y)
24.9%
36.2
% (y-o-y)
Streamwood
60
13.0
% (y-o-y)
$150,000
3.2
% (y-o-y)
35.3%
25.8
% (y-o-y)
Saint Charles
36
47.8
% (y-o-y)
$270,000
6.9
% (y-o-y)
31.6%
35.6
% (y-o-y)
Wheaton
36
28.0
% (y-o-y)
$275,000
1.0
% (y-o-y)
32.7%
37.7
% (y-o-y)
Glen Ellyn
36
32.1
% (y-o-y)
$345,000
1.5
% (y-o-y)
4.3%
36.7
% (y-o-y)
Bartlett
29
45.3
% (y-o-y)
$230,000
2.6
% (y-o-y)
22.5%
5.9
% (y-o-y)
Addison
28
3.4
% (y-o-y)
$201,500
8.9
% (y-o-y)
15.1%
28.4
% (y-o-y)
Hoffman Estates
27
46.0
% (y-o-y)
$172,000
8.9
% (y-o-y)
11.3%
17.7
% (y-o-y)
Bloomingdale
24
31.4
% (y-o-y)
$225,000
13.6
% (y-o-y)
21.8%
21.8
% (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: 5.50%
Percentage of vacant homes: 6.01%