Hanover Park, IL Housing Market
The Hanover Park housing market is somewhat competitive. Homes in Hanover Park receive 4 offers on average and sell in around 34 days. The median sale price of a home in Hanover Park was $280K last month, down 0.18% since last year. The median sale price per square foot in Hanover Park is $208, up 10.6% since last year.
Hanover Park Housing Market Trends
In March 2024, Hanover Park home prices were down 0.18% compared to last year, selling for a median price of $280K. On average, homes in Hanover Park sell after 34 days on the market compared to 45 days last year. There were 23 homes sold in March this year, up from 22 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Hanover Park housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for around list price and go pending in around 41 days.
- Hot homescan sell for about 3% above list price and go pending in around 31 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Many homes get multiple offers, some with waived contingencies.
- The average homes sell for about 1% above list price and go pending in around 41 days.
- Hot homescan sell for about 5% above list price and go pending in around 27 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Some homes get multiple offers.
- The average homes sell for about 1% above list price and go pending in around 48 days.
- Hot homescan sell for about 5% above list price and go pending in around 29 days.
Hanover Park Migration & Relocation Trends
- Across the nation, 3% of homebuyers searched to move into Hanover Park from outside metros.
- New York homebuyers searched to move into Hanover Park more than any other metro followed by St. Louis and San Francisco.
- 86% 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 Sarasota and Miami.
Inbound | Net inflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 1,636 | ||
2 | 658 | ||
3 | 587 | ||
4 | 406 | ||
5 | 355 | ||
6 | 290 | ||
7 | 132 | ||
8 | 128 | ||
9 | 38 | ||
10 | 32 |
Outbound | Net outflow | ||
---|---|---|---|
Metros | Jan '24 - Mar '24 | ||
1 | 2,272 | ||
2 | 1,425 | ||
3 | 1,310 | ||
4 | 1,309 | ||
5 | 1,270 | ||
6 | 1,127 | ||
7 | 901 | ||
8 | 786 | ||
9 | 743 | ||
10 | 734 |
Home offer insights for Hanover Park
Recent offers
- Offer Not Accepted|10 Weeks Ago~$225K OfferSold for $225K3 bd | 2 ba | ~1,500 sqftOver List Price5%Days on Market33Competing Offers10Down Payment~20%
- Offer Not Accepted|4 Weeks Ago~$250K OfferSold for $250K3 bd | 2 ba | ~1,250 sqftOver List Price0%Days on Market28Competing Offers—Down Payment~10%
- Offer Not Accepted|10 Weeks Ago~$125K OfferSold for $200K3 bd | 2.5 ba | ~1,750 sqftUnder List Price20%Days on Market5Competing Offers—Down Payment~20%
View houses in Hanover Park that sold recently
Recently sold homes
- $315,000 Last Sold Price2 beds2.5 baths1,810 sq ft4425 Edinburg Ln, Hanover Park, IL 60133List Price$314,900Sale to List0% over listDays on Market20 days4425 Edinburg Ln, Hanover Park, IL 60133
- $230,000 Last Sold Price2 beds1.5 baths1,000 sq ft6273 Kit Carson Dr, Hanover Park, IL 60133List Price$225,000Sale to List2% over listDays on Market29 days6273 Kit Carson Dr, Hanover Park, IL 60133
- $255,000 Last Sold Price3 beds2 baths1,306 sq ft6273 Gold Cir #6273, Hanover Park, IL 60133List Price$239,900Sale to List6% over listDays on Market28 days6273 Gold Cir #6273, Hanover Park, IL 60133
- $242,500 Last Sold Price3 beds1.5 baths—sq ft7525 Bristol Ln #3, Hanover Park, IL 60133List Price$254,900Sale to List5% under listDays on Market42 days7525 Bristol Ln #3, Hanover Park, IL 60133
- $262,500 Last Sold Price2 beds2 baths1,263 sq ft2143 Camden Ln #2143, Hanover Park, IL 60133List Price$265,000Sale to List1% under listDays on Market25 days2143 Camden Ln #2143, Hanover Park, IL 60133
- $295,000 Last Sold Price3 beds2 baths1,615 sq ft1155 Santa Anita Dr, Hanover Park, IL 60133List Price$289,900Sale to List2% over listDays on Market38 days1155 Santa Anita Dr, Hanover Park, IL 60133
- $346,000 Last Sold Price3 beds2 baths1,194 sq ft1910 Mccormick Ln, Hanover Park, IL 60133List Price$325,000Sale to List6% over listDays on Market46 days1910 Mccormick Ln, Hanover Park, IL 60133
- $270,000 Last Sold Price3 beds1 bath884 sq ft1672 Evergreen Ave, Hanover Park, IL 60133List Price$272,500Sale to List1% under listDays on Market135 days1672 Evergreen Ave, Hanover Park, IL 60133
See all recently sold homes in Hanover Park.
See listings
Schools in Hanover Park
- Elementary
- Middle
- High
GreatSchools Rating
8/10 Anne Fox Elementary School Public • K-6 | 374 Students | 9 reviews |
8/10 Albert Einstein Elementary School Public • K-6 | 525 Students | 12 reviews |
7/10 Hanover Highlands Elementary School Public • K-6 | 517 Students | 10 reviews |
6/10 Elsie C Johnson Elementary School Public • K-5 | 317 Students | 3 reviews |
6/10 Ontarioville Elementary School Public • PreK-6 | 550 Students | 2 reviews |
Climate's impact on Hanover Park housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Hanover Park.
Flood Factor - Minor
Flood Factor
Fire Factor - Moderate
Fire Factor
Wind Factor - Minor
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Hanover Park
Walk Score®
Bike Score®
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