Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $159,900
    0% ( $0 ) vs Feb 2014
  • Median Sales Price
    $166,000
    7% ( $11,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $122,000
    8% ( $9,000 ) vs Feb 2014
  • Foreclosures 327
    Homes for Sale 62
    Recently Sold 209

Market Summary

There are currently 327 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 62.

In March, the number of properties that received a foreclosure filing in Hanover Park, IL was 47% higher than the previous month and 22% higher than the same time last year.

Home sales for February 2015 were down 20% compared with the previous month, and down 27% compared with a year ago. The median sales price of a non-distressed home was $166,000. The median sales price of a foreclosure home was $122,000, or 27% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$122,000 (Median Foreclosure 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) $166,000 (Median 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) $122,000 (Median Foreclosure 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) $166,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elgin
76
42.0
% (y-o-y)
$145,000
7.4
% (y-o-y)
18.3%
28.7
% (y-o-y)
Schaumburg
69
12.7
% (y-o-y)
$195,750
15.1
% (y-o-y)
38.3%
1.9
% (y-o-y)
Streamwood
41
12.8
% (y-o-y)
$152,000
13.4
% (y-o-y)
23.7%
19.4
% (y-o-y)
Wheaton
34
2.9
% (y-o-y)
$260,000
5.6
% (y-o-y)
Data not available
Saint Charles
30
30.2
% (y-o-y)
$260,250
6.7
% (y-o-y)
42.3%
32.1
% (y-o-y)
Bartlett
27
3.8
% (y-o-y)
$215,000
3.6
% (y-o-y)
16.3%
10.8
% (y-o-y)
Carol Stream
26
23.5
% (y-o-y)
$194,500
17.2
% (y-o-y)
Data not available
Glen Ellyn
23
11.5
% (y-o-y)
$319,500
2.2
% (y-o-y)
21.8%
40.2
% (y-o-y)
Glendale Heights
22
46.3
% (y-o-y)
$153,500
1.0
% (y-o-y)
40.6%
10.9
% (y-o-y)
South Elgin
20
42.9
% (y-o-y)
$178,000
8.0
% (y-o-y)
15.7%
35.4
% (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: 8.50%
Percentage of vacant homes: 6.01%