Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $194,900
    1% ( $2,550 ) vs Apr 2016
  • Median Sales Price
    $181,250
    6% ( $10,500 ) vs Apr 2016
  • Median Foreclosure Sales Price
    $150,000
    4% ( $6,660 ) vs Apr 2016
  • Foreclosures 142
    Homes for Sale 101
    Recently Sold 124

Market Summary

There are currently 142 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 101.

In May, the number of properties that received a foreclosure filing in Hanover Park, IL was 20% higher than the previous month and 29% lower than the same time last year.

Home sales for April 2017 were up 13% compared with the previous month, and down 15% compared with a year ago. The median sales price of a non-distressed home was $181,250. The median sales price of a foreclosure home was $150,000, or 17% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$150,000 (Median Foreclosure Sales Price) $156,660 (Median Foreclosure Sales Price) $169,160 (Median Foreclosure Sales Price) $160,160 (Median Foreclosure Sales Price) $165,000 (Median Foreclosure Sales Price) $161,000 (Median Foreclosure Sales Price) $181,250 (Median Sales Price) $170,750 (Median Sales Price) $156,000 (Median Sales Price) $157,000 (Median Sales Price) $146,500 (Median Sales Price) $145,000 (Median Sales Price) $150,000 (Median Foreclosure Sales Price) $156,660 (Median Foreclosure Sales Price) $169,160 (Median Foreclosure Sales Price) $160,160 (Median Foreclosure Sales Price) $165,000 (Median Foreclosure Sales Price) $161,000 (Median Foreclosure Sales Price) $181,250 (Median Sales Price) $170,750 (Median Sales Price) $156,000 (Median Sales Price) $157,000 (Median Sales Price) $146,500 (Median Sales Price) $145,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elgin
42
59.6
% (y-o-y)
$148,000
12.9
% (y-o-y)
Data not available
Schaumburg
30
54.5
% (y-o-y)
$220,000
2.3
% (y-o-y)
Data not available
Glendale Heights
21
58.8
% (y-o-y)
$165,000
5.5
% (y-o-y)
Data not available
Bartlett
21
62.5
% (y-o-y)
$234,500
4.2
% (y-o-y)
Data not available
Streamwood
20
58.3
% (y-o-y)
$196,000
16.7
% (y-o-y)
26.5%
14.9
% (y-o-y)
Saint Charles
16
71.9
% (y-o-y)
$296,250
4.9
% (y-o-y)
Data not available
West Chicago
10
69.7
% (y-o-y)
$210,000
1.6
% (y-o-y)
Data not available
Wheaton
9
89.0
% (y-o-y)
$287,500
0.9
% (y-o-y)
Data not available
Hoffman Estates
9
57.1
% (y-o-y)
$245,000
55.6
% (y-o-y)
Data not available
Roselle
8
70.4
% (y-o-y)
$221,000
11.6
% (y-o-y)
Data not available

Local Info For Hanover Park

Population:
37,743
Cost of Living Index: 113.71
Crime Index: 17.92     Rating: A View crime details
Schools: 10    Average School Rating: C+ View individual school rating
Household Median Income: $63,649
Unemployment: 6.30%
Percentage of vacant homes: 6.01%

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