Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $164,900
    3% ( $5,000 ) vs Apr 2014
  • Median Sales Price
    $150,250
    5% ( $8,000 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $99,250
    10% ( $10,500 ) vs Apr 2014
  • Foreclosures 300
    Homes for Sale 68
    Recently Sold 148

Market Summary

There are currently 300 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 68.

In May, the number of properties that received a foreclosure filing in Hanover Park, IL was 20% lower than the previous month and 11% lower than the same time last year.

Home sales for April 2015 were up 75% compared with the previous month, and down 42% compared with a year ago. The median sales price of a non-distressed home was $150,250. The median sales price of a foreclosure home was $99,250, or 34% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$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) $130,000 (Median Foreclosure 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) $150,000 (Median 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) $130,000 (Median Foreclosure 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) $150,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elgin
68
55.0
% (y-o-y)
$148,750
8.4
% (y-o-y)
31.1%
37.0
% (y-o-y)
Schaumburg
62
56.9
% (y-o-y)
$190,500
4.8
% (y-o-y)
37.0%
32.0
% (y-o-y)
Streamwood
39
45.8
% (y-o-y)
$146,000
4.8
% (y-o-y)
21.2%
21.7
% (y-o-y)
Wheaton
33
60.2
% (y-o-y)
$316,500
11.5
% (y-o-y)
47.6%
53.8
% (y-o-y)
Carol Stream
33
6.5
% (y-o-y)
$158,500
14.3
% (y-o-y)
Data not available
Glen Ellyn
32
48.4
% (y-o-y)
$330,000
1.5
% (y-o-y)
Data not available
West Chicago
31
24.0
% (y-o-y)
$181,000
13.1
% (y-o-y)
Data not available
Bartlett
28
39.1
% (y-o-y)
$216,500
1.6
% (y-o-y)
Data not available
Glendale Heights
22
52.2
% (y-o-y)
$137,500
10.1
% (y-o-y)
Data not available
Hoffman Estates
21
43.2
% (y-o-y)
$122,750
13.9
% (y-o-y)
Data not available

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: 6.00%
Percentage of vacant homes: 6.01%