Hanover Park, IL Home Values & Market Trends

Real estate market trends reflect that there have been 405 transactions over the past year in Hanover Park. The median value for residential home transactions that occurred over the previous year is $285,938.14. The number of current listings in Hanover Park is 13, and the percentage of properties for sale in the city is 13.00%. Hanover Park, IL currently has 57 properties in foreclosure, 0 bank owned properties, 10 properties headed for auction, and 13 properties for sale.

Hanover Park, IL Real Estate Market Overview

ZipMedian Est. Value
60133

$ 258,181

$ 191/sqft

Housing Market Summary for Hanover Park, IL

Apr 2023March 2024Change
Median Listing Price$272.5K$274.7K0.82%
Median Sold Price$277.5K$274.7K-0.98%
Homes For Sale1710-41.18%
Homes Sold236214-9.32%
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Homes For Sale
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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%.

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Browse Homes in Hanover Park, IL

Hanover Park home values range from $30,952 to $876,200. The median estimated value of a home in Hanover Park is $285,938.14. The median list price of a home is 299,500, and the total count of properties in the city is 9,992.

Foreclosure
There is 1 zips within Hanover Park, IL; within this zips, the median estimated home value for homes in foreclosure ranges from $377,282 in 60133 to the lowest value of $63,400 in 60133. Foreclosure homes account for 0.00% of properties in Hanover Park, IL with 60133 containing 57 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0.47% of all residential properties in Hanover Park, IL with 60133 containing 47 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 $377,282 in 60133 to the lowest home value of $182,754 in 60133.
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Hanover Park, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Hanover Park, IL. There is 1 zips within Hanover Park, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    60133 has 10 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 0.10% 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 $325,191 in 60133 to the lowest value of $63,400 in 60133.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.13% of residential properties in Hanover Park, IL with 60133 containing 13 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Hanover Park, IL; homes for sale in that zips, have a range of median values from $369,900 in 60133 to the lowest value of $133,708 in 60133.
    Sold Homes
    The median value for recently sold homes ranges from $719,149 in 60133 to the lowest price of $93,726 in 60133. There is 1 zips within Hanover Park, IL. 60133 has 220 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 2.20% of properties in Hanover Park, IL.

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      Guide for Hanover Park, IL

      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports
      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Home Buying Guides & Tips
      How To Stop a Foreclosure via a Short Sale
      Financing Guides
      How To Protect Your Credit Score After Foreclosure
      See More Articles
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Chicago’s Real Estate Market Experiences Year-Long Zigzag in House Prices, 2022-2023
      Market Reports|posted 14 February 2024

      A quick analysis of real estate trends in Chicago and its neighboring areas from November 2022 to December 2023.

      How To Stop a Foreclosure via a Short Sale
      Home Buying Guides & Tips|posted 26 April 2024

      Learn how a short sale can stop the foreclosure process.

      How To Protect Your Credit Score After Foreclosure
      Financing Guides|posted 24 April 2024

      Learn effective strategies to safeguard your credit score after experiencing a foreclosure.

      Recently Listed Homes Hanover Park, IL

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