Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $159,900
    0% ( $0 ) vs Mar 2014
  • Median Sales Price
    $158,250
    5% ( $7,750 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $109,750
    10% ( $12,250 ) vs Mar 2014
  • Foreclosures 325
    Homes for Sale 73
    Recently Sold 189

Market Summary

There are currently 325 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 73.

In April, the number of properties that received a foreclosure filing in Hanover Park, IL was 29% lower than the previous month and 25% lower than the same time last year.

Home sales for March 2015 were down 50% compared with the previous month, and down 69% compared with a year ago. The median sales price of a non-distressed home was $158,250. The median sales price of a foreclosure home was $109,750, or 31% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$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) $129,250 (Median Foreclosure 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) $150,000 (Median 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) $129,250 (Median Foreclosure 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) $150,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elgin
66
56.0
% (y-o-y)
$150,000
10.7
% (y-o-y)
26.0%
34.8
% (y-o-y)
Schaumburg
51
42.0
% (y-o-y)
$187,500
10.3
% (y-o-y)
36.0%
13.2
% (y-o-y)
Streamwood
38
2.7
% (y-o-y)
$145,500
16.4
% (y-o-y)
19.2%
19.8
% (y-o-y)
Glendale Heights
23
56.6
% (y-o-y)
$150,000
3.2
% (y-o-y)
10.0%
25.2
% (y-o-y)
Bartlett
22
48.8
% (y-o-y)
$215,000
0.2
% (y-o-y)
10.0%
19.3
% (y-o-y)
Saint Charles
22
70.7
% (y-o-y)
$270,000
1.8
% (y-o-y)
31.2%
19.6
% (y-o-y)
Addison
20
42.9
% (y-o-y)
$182,250
1.3
% (y-o-y)
12.5%
15.0
% (y-o-y)
Carol Stream
20
56.5
% (y-o-y)
$162,100
7.4
% (y-o-y)
Data not available
West Chicago
17
37.0
% (y-o-y)
$178,000
29.9
% (y-o-y)
Data not available
Hoffman Estates
16
33.3
% (y-o-y)
$156,000
6.0
% (y-o-y)
37.5%
18.7
% (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: 8.10%
Percentage of vacant homes: 6.01%