Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $196,550
    0% ( $0 ) vs Jun 2015
  • Median Sales Price
    $175,000
    9% ( $15,000 ) vs Jun 2015
  • Median Foreclosure Sales Price
    $121,000
    6% ( $6,500 ) vs Jun 2015
  • Foreclosures 256
    Homes for Sale 58
    Recently Sold 171

Market Summary

There are currently 256 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 58.

In July, the number of properties that received a foreclosure filing in Hanover Park, IL was 28% lower than the previous month and 38% lower than the same time last year.

Home sales for June 2016 were down 52% compared with the previous month, and up 0% compared with a year ago. The median sales price of a non-distressed home was $175,000. The median sales price of a foreclosure home was $121,000, or 31% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$121,000 (Median Foreclosure Sales Price) $114,500 (Median Foreclosure 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) $175,000 (Median Sales Price) $160,000 (Median Sales Price) $150,000 (Median Sales Price) $138,000 (Median Sales Price) $148,000 (Median Sales Price) $138,334 (Median Sales Price) $121,000 (Median Foreclosure Sales Price) $114,500 (Median Foreclosure 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) $175,000 (Median Sales Price) $160,000 (Median Sales Price) $150,000 (Median Sales Price) $138,000 (Median Sales Price) $148,000 (Median Sales Price) $138,334 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Wheaton
30
34.8
% (y-o-y)
$300,000
6.8
% (y-o-y)
Data not available
Schaumburg
28
62.2
% (y-o-y)
$255,250
39.5
% (y-o-y)
30.2%
22.4
% (y-o-y)
Bloomingdale
24
14.3
% (y-o-y)
$198,000
8.3
% (y-o-y)
Data not available
Carol Stream
22
21.4
% (y-o-y)
$223,000
7.7
% (y-o-y)
24.9%
13.0
% (y-o-y)
Glendale Heights
22
31.3
% (y-o-y)
$173,000
13.1
% (y-o-y)
16.2%
23.0
% (y-o-y)
Streamwood
21
51.2
% (y-o-y)
$173,000
8.1
% (y-o-y)
29.2%
24.8
% (y-o-y)
Glen Ellyn
20
44.4
% (y-o-y)
$405,000
5.2
% (y-o-y)
Data not available
Addison
20
20.0
% (y-o-y)
$222,500
11.8
% (y-o-y)
18.9%
21.6
% (y-o-y)
Bartlett
19
45.7
% (y-o-y)
$239,000
8.0
% (y-o-y)
23.4%
33.7
% (y-o-y)
Hoffman Estates
17
29.2
% (y-o-y)
$201,750
13.7
% (y-o-y)
Data not available

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: 5.70%
Percentage of vacant homes: 6.01%

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