Hanover Park, IL Home Values & Market Trends
Real estate market trends reflect that there have been 406 transactions over the past year in Hanover Park. The median value for residential home transactions that occurred over the previous year is $351,141. The number of current listings in Hanover Park is 365, and the percentage of properties for sale in the city is 365.00%. Hanover Park, IL currently has 85 properties in foreclosure, 3 bank owned properties, 9 properties headed for auction, and 365 properties for sale.
Hanover Park, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60133 | $ 351,141 $ 255/sqft |
Housing Market Summary for Hanover Park, IL
| Oct 2025 | October 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $319.4K | $327.4K | 2.50% |
| Median Sold Price | $332.5K | $326.4K | -1.83% |
| Homes For Sale | 245 | 366 | 49.39% |
| Homes Sold | 169 | 152 | -10.06% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hanover Park, IL
Browse Homes in Hanover Park, IL
Hanover Park home values range from $111,276 to $520,000. The median estimated value of a home in Hanover Park is $351,141. The median list price of a home is 327,450, and the total count of properties in the city is 687.
- Pre-ForeclosurePre-foreclosure homes account for 10.63% of all residential properties in Hanover Park, IL with 60133 containing 73 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Hanover Park, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $520,000 in 60133 to the lowest home value of $199,425 in 60133.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hanover Park, IL ranges from the highest value of $374,971 in 60133 to the lowest value of $283,151 in 60133. Bank owned homes and properties account for 0.44% of properties in Hanover Park, IL. There is 1 zips within Hanover Park, IL; 60133 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60133 has 9 auction properties, the highest number of properties going to auction in a single zip in the state of Hanover Park, IL. Auction homes and other auction properties account for 1.31% of all properties in Hanover Park, IL. There is 1 zips within Hanover Park, IL; of that zips, the median estimated home value for homes going to auction ranges from $437,640 in 60133 to the lowest value of $250,000 in 60133.
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More Real Estate Resources for Hanover Park, IL
Guide for Hanover Park, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
