All Home Types
Hanover Park, IL Housing Market
What is the housing market like in Hanover Park today?
In February 2025, Hanover Park home prices were down 9.93% compared to last year, selling for a median price of $268K. On average, homes in Hanover Park sell after 35 days on the market compared to 37 days last year. There were 22 homes sold in February this year, up from 21 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$267,500
-9.93% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Hanover Park, IL
$267,500
-9.93%
United States
Work with the best agents in Hanover Park
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
Hanover Park Migration & Relocation Trends
In Dec '24 - Feb '25, 16% of Hanover Park homebuyers searched to move out of Hanover Park, while 84% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Hanover Park from outside metros.
- Peoria homebuyers searched to move into Hanover Park more than any other metro followed by New York and Springfield.
Where are people moving to Hanover Park from?
- 84% of Hanover Park homebuyers searched to stay within the Hanover Park metropolitan area.
- Cape Coral was the most popular destination among Hanover Park homebuyers followed by Phoenix and Sarasota.
Where are people from Hanover Park moving to?
Number of People Moving to Hanover Park
least
most
People are moving to Hanover Park from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 1,018 | ||
| 2 | 825 | ||
| 3 | 682 | ||
| 4 | 638 | ||
| 5 | 604 | ||
| 6 | 340 | ||
| 7 | 301 | ||
| 8 | 292 | ||
| 9 | 282 | ||
| 10 | 273 | ||
People are leaving Hanover Park for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Dec '24 - Feb '25 | ||
| 1 | 2,000 | ||
| 2 | 1,179 | ||
| 3 | 1,104 | ||
| 4 | 999 | ||
| 5 | 910 | ||
| 6 | 882 | ||
| 7 | 882 | ||
| 8 | 865 | ||
| 9 | 838 | ||
| 10 | 715 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hanover Park.
Provided by First Street Foundation
Transportation in Hanover Park
Learn about the walkability, bikeability, and transit-friendliness of Hanover Park
Car-Dependent
Walk Score®
Bikeable
Bike Score®
About us
Find us
Subsidiaries
United States
CanadaCopyright: © 2025 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.