Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $159,900
    0% ( $600 ) vs Jan 2014
  • Median Sales Price
    $155,000
    1% ( $1,000 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $113,000
    10% ( $13,000 ) vs Jan 2014
  • Foreclosures 351
    Homes for Sale 55
    Recently Sold 222

Market Summary

There are currently 351 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 55.

In February, the number of properties that received a foreclosure filing in Hanover Park, IL was 6% higher than the previous month and 10% lower than the same time last year.

Home sales for January 2015 were down 43% compared with the previous month, and down 23% compared with a year ago. The median sales price of a non-distressed home was $155,000. The median sales price of a foreclosure home was $113,000, or 27% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$113,000 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure 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) $155,000 (Median Sales Price) $154,000 (Median Sales Price) $150,000 (Median Sales Price) $150,000 (Median Sales Price) $144,000 (Median Sales Price) $142,000 (Median Sales Price) $113,000 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure 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) $155,000 (Median Sales Price) $154,000 (Median Sales Price) $150,000 (Median Sales Price) $150,000 (Median Sales Price) $144,000 (Median Sales Price) $142,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Schaumburg
104
2.0
% (y-o-y)
$196,750
4.1
% (y-o-y)
37.5%
16.4
% (y-o-y)
Elgin
100
43.8
% (y-o-y)
$148,000
8.4
% (y-o-y)
31.8%
34.1
% (y-o-y)
Streamwood
61
19.6
% (y-o-y)
$150,000
7.1
% (y-o-y)
26.7%
19.3
% (y-o-y)
Wheaton
51
7.3
% (y-o-y)
$260,000
3.3
% (y-o-y)
Data not available
Saint Charles
46
35.2
% (y-o-y)
$250,000
6.7
% (y-o-y)
Data not available
Glen Ellyn
38
2.6
% (y-o-y)
$320,000
5.9
% (y-o-y)
14.2%
46.8
% (y-o-y)
Glendale Heights
32
13.5
% (y-o-y)
$149,500
2.1
% (y-o-y)
54.0%
16.5
% (y-o-y)
Hoffman Estates
28
34.9
% (y-o-y)
$161,000
8.0
% (y-o-y)
2.2%
17.4
% (y-o-y)
Bartlett
27
15.6
% (y-o-y)
$215,000
1.8
% (y-o-y)
19.3%
6.4
% (y-o-y)
Carol Stream
26
46.9
% (y-o-y)
$213,000
22.8
% (y-o-y)
31.9%
15.0
% (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%