Hanover Park Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $163,950
    1% ( $1,350 ) vs Jun 2014
  • Median Sales Price
    $149,000
    1% ( $1,750 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $105,834
    16% ( $14,334 ) vs Jun 2014
  • Foreclosures 302
    Homes for Sale 79
    Recently Sold 79

Market Summary

There are currently 302 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 79.

In July, the number of properties that received a foreclosure filing in Hanover Park, IL was 61% higher than the previous month and 8% lower than the same time last year.

Home sales for June 2015 were down 45% compared with the previous month, and down 59% compared with a year ago. The median sales price of a non-distressed home was $149,000. The median sales price of a foreclosure home was $105,834, or 29% lower than non-distressed home sales.

Sales Prices - Hanover Park, IL




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$105,834 (Median Foreclosure Sales Price) $91,500 (Median Foreclosure 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) $149,000 (Median Sales Price) $150,750 (Median Sales Price) $150,250 (Median Sales Price) $158,250 (Median Sales Price) $166,000 (Median Sales Price) $155,000 (Median Sales Price) $105,834 (Median Foreclosure Sales Price) $91,500 (Median Foreclosure 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) $149,000 (Median Sales Price) $150,750 (Median Sales Price) $150,250 (Median Sales Price) $158,250 (Median Sales Price) $166,000 (Median Sales Price) $155,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Schaumburg
73
31.8
% (y-o-y)
$183,000
13.6
% (y-o-y)
22.4%
29.2
% (y-o-y)
Elgin
65
48.8
% (y-o-y)
$158,500
9.3
% (y-o-y)
25.9%
37.2
% (y-o-y)
Wheaton
46
41.0
% (y-o-y)
$322,000
14.8
% (y-o-y)
32.6%
38.3
% (y-o-y)
Streamwood
43
17.3
% (y-o-y)
$160,000
7.0
% (y-o-y)
24.8%
9.7
% (y-o-y)
Glen Ellyn
36
48.6
% (y-o-y)
$385,000
8.5
% (y-o-y)
55.2%
41.5
% (y-o-y)
Bartlett
34
27.7
% (y-o-y)
$221,250
10.4
% (y-o-y)
30.5%
13.4
% (y-o-y)
Glendale Heights
32
8.6
% (y-o-y)
$153,000
0.7
% (y-o-y)
23.0%
24.2
% (y-o-y)
Bloomingdale
28
3.7
% (y-o-y)
$215,834
8.5
% (y-o-y)
25.2%
40.0
% (y-o-y)
Carol Stream
28
20.0
% (y-o-y)
$207,000
8.9
% (y-o-y)
13.0%
18.4
% (y-o-y)
Addison
25
24.2
% (y-o-y)
$199,000
5.3
% (y-o-y)
21.6%
12.7
% (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: 5.60%
Percentage of vacant homes: 6.01%