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Hanover Park, IL Real Estate & Property Data

Hanover Park Real Estate Market Trends

Last Updated: April 27, 2024

Accurate and comprehensive real estate data is critical for insight into Hanover Park, IL. ATTOM’s Hanover Park real estate data is updated daily, and current market trends show that in Hanover Park, IL a total of 411 residential properties have sold over the past year. With a median home price of $317,000 in Hanover Park and a total of 1 foreclosures. Get detailed property data for Hanover Park, IL instantly. ATTOM is your one-stop-shop for the Hanover Park property reports and real estate data you need in Hanover Park, IL.

Hanover Park Real Estate Market Trends

Get property data for any address in Hanover Park, IL or the country:

Total Residential Properties 10,106

Total Commercial Properties 230

Avg. Home Age (Single Family Home) 49 Years

Avg. Square Feet (Single Family Home) 1,398

Total 2024 Residential Sales (year-to-date) 50

% of Homes Seriously Underwater (Q2 2024) 0.7%

Total 2023 Residential Sales 391

% of Equity Rich Homes (Q2 2024) 48.73%

Effective 2023 Property Tax 2.19%

Total Foreclosure Filings (year-to-date) 4

Hanover Park, IL Real Estate Overview

There were 411 residential properties sold in the past year in Hanover Park, IL. The median home value in Hanover Park, IL is $286,337. There are a total of 10,106 residential properties in the Hanover Park.

Median Sales Price i

$317,000

(Feb 2024)

-0.9%

year-over-year

y-o-y

February '24 Feb '24 $317,000
January '24 Jan '24 $320,500
December '23 Dec '23 $291,000
November '23 Nov '23 $307,000
October '23 Oct '23 $340,000
September '23 Sep '23 $340,000
August '23 Aug '23 $337,500
July '23 Jul '23 $315,000
June '23 Jun '23 $315,000
May '23 May '23 $295,000
April '23 Apr '23 $333,750
March '23 Mar '23 $280,000

Median Down Payment i

$17,500

(Feb 2024)

-61%

year-over-year

y-o-y

February '24 Feb '24 $17,500
January '24 Jan '24 $40,538
December '23 Dec '23 $45,450
November '23 Nov '23 $17,250
October '23 Oct '23 $22,000
September '23 Sep '23 $14,350
August '23 Aug '23 $21,000
July '23 Jul '23 $15,000
June '23 Jun '23 $29,200
May '23 May '23 $32,600
April '23 Apr '23 $20,500
March '23 Mar '23 $15,500

Number of Homes Sold i

20

(Feb 2024)

+66.7%

year-over-year

y-o-y

February '24 Feb '24 20
January '24 Jan '24 30
December '23 Dec '23 24
November '23 Nov '23 36
October '23 Oct '23 34
September '23 Sep '23 28
August '23 Aug '23 44
July '23 Jul '23 28
June '23 Jun '23 58
May '23 May '23 46
April '23 Apr '23 23
March '23 Mar '23 28

Number of Purchase Loans i

17

(Feb 2024)

+88.9%

year-over-year

y-o-y

February '24 Feb '24 17
January '24 Jan '24 22
December '23 Dec '23 16
November '23 Nov '23 26
October '23 Oct '23 23
September '23 Sep '23 21
August '23 Aug '23 35
July '23 Jul '23 20
June '23 Jun '23 36
May '23 May '23 33
April '23 Apr '23 17
March '23 Mar '23 22

Number of REFI Loans i

16

(Feb 2024)

+220%

year-over-year

y-o-y

February '24 Feb '24 16
January '24 Jan '24 12
December '23 Dec '23 16
November '23 Nov '23 12
October '23 Oct '23 19
September '23 Sep '23 17
August '23 Aug '23 14
July '23 Jul '23 12
June '23 Jun '23 12
May '23 May '23 14
April '23 Apr '23 13
March '23 Mar '23 15

Number of HELOC Loans i

4

(Feb 2024)

+33.3%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 3
December '23 Dec '23 7
November '23 Nov '23 6
October '23 Oct '23 9
September '23 Sep '23 7
August '23 Aug '23 6
July '23 Jul '23 9
June '23 Jun '23 4
May '23 May '23 9
April '23 Apr '23 5
March '23 Mar '23 7

Hanover Park, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60133
$286,337 $204.79/sqft

Hanover Park, IL Foreclosure Activity

There were a total of 1 Hanover Park, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

1

(Feb 2024)

-87.5%

year-over-year

y-o-y

February '24 Feb '24 1
January '24 Jan '24 3
December '23 Dec '23 5
November '23 Nov '23 2
October '23 Oct '23 5
September '23 Sep '23 5
August '23 Aug '23 4
July '23 Jul '23 8
June '23 Jun '23 7
May '23 May '23 10
April '23 Apr '23 8
March '23 Mar '23 14

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 3
November '23 Nov '23 2
October '23 Oct '23 3
September '23 Sep '23 3
August '23 Aug '23 1
July '23 Jul '23 5
June '23 Jun '23 4
May '23 May '23 8
April '23 Apr '23 6
March '23 Mar '23 11

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 2
November '23 Nov '23 N/A
October '23 Oct '23 1
September '23 Sep '23 1
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 N/A
May '23 May '23 1
April '23 Apr '23 N/A
March '23 Mar '23 N/A

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