Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $197,450
    3% ( $5,050 ) vs Mar 2016
  • Median Sales Price
    $155,000
    1% ( $1,000 ) vs Mar 2016
  • Median Foreclosure Sales Price
    $156,660
    7% ( $12,500 ) vs Mar 2016
  • Foreclosures 137
    Homes for Sale 39
    Recently Sold 109

Market Summary

There are currently 137 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 39.

In April, the number of properties that received a foreclosure filing in Hanover Park, IL was 29% lower than the previous month and 23% lower than the same time last year.

Home sales for March 2017 were down 62% compared with the previous month, and down 75% compared with a year ago. The median sales price of a non-distressed home was $155,000. The median sales price of a foreclosure home was $156,660, or 1% higher than non-distressed home sales.

Sales Prices - Hanover Park, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$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) $161,000 (Median Foreclosure Sales Price) $155,000 (Median Sales Price) $156,000 (Median Sales Price) $157,000 (Median Sales Price) $146,500 (Median Sales Price) $145,000 (Median Sales Price) $165,000 (Median 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) $161,000 (Median Foreclosure Sales Price) $155,000 (Median Sales Price) $156,000 (Median Sales Price) $157,000 (Median Sales Price) $146,500 (Median Sales Price) $145,000 (Median Sales Price) $165,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Elgin
46
61.7
% (y-o-y)
$139,750
16.4
% (y-o-y)
Data not available
Schaumburg
20
81.7
% (y-o-y)
$190,000
10.6
% (y-o-y)
4.5%
39.0
% (y-o-y)
Streamwood
18
71.9
% (y-o-y)
$188,000
13.9
% (y-o-y)
23.7%
21.2
% (y-o-y)
Saint Charles
9
85.5
% (y-o-y)
$311,500
11.3
% (y-o-y)
Data not available
Bartlett
8
84.0
% (y-o-y)
$227,000
3.7
% (y-o-y)
Data not available
South Elgin
7
81.1
% (y-o-y)
$170,000
9.1
% (y-o-y)
Data not available
Hoffman Estates
6
86.4
% (y-o-y)
$120,000
25.0
% (y-o-y)
Data not available
Glen Ellyn
2
96.2
% (y-o-y)
$302,000
19.5
% (y-o-y)
Data not available
Wheaton
2
97.2
% (y-o-y)
$336,000
17.9
% (y-o-y)
Data not available
Carol Stream
1
98.0
% (y-o-y)
$191,750
13.5
% (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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