Hanover Park, IL Real Estate Market Summary – September 7, 2026
In the past 30 days, Hanover Park, IL has seen 41 homes sold, indicating a consistent activity level with an average pace of 1.37 homes sold per day. The market reflects a diverse range of properties in terms of size and age, contributing to a median sale price of $340,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 41 |
| Sold Per Day | 1.37 |
| Average SQFT | 1452 |
| Median Sales Price | $340,000 |
| Average Sales Price | $328,543 |
| Average Price Per SQFT | $227 |
| Average Days on Market | 14 |
| Average Year Built | 1979 |
Hanover Park, IL Single Family Home Analysis
For single-family homes, 23 properties sold during this period, with an average sale price of $375,000 and a median price of $375,000. Homes in this segment averaged 1,581 square feet in living area and spent about 14 days on the market before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 23 |
| Sold Per Day | 1 every 1.30 days |
| Average SQFT | 1581 |
| Median Sales Price | $375,000 |
| Average Sales Price | $373,380 |
| Average Price Per SQFT | $234 |
| Average Days on Market | 14 |
| Average Year Built | 1975 |
Hanover Park, IL Condo & Townhome Analysis
In the condo and townhome segment, there were 16 sales, leading to an average sale price of $272,969. These units typically featured a median living area of 1,263 square feet and a brief average time on the market of around 14 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 16 |
| Sold Per Day | 1 every 1.88 days |
| Average SQFT | 1318 |
| Median Sales Price | $257,500 |
| Average Sales Price | $272,969 |
| Average Price Per SQFT | $217 |
| Average Days on Market | 14 |
| Average Year Built | 1985 |
Buyer & Seller Analysis
- 41 homes were sold in the past 30 days.
- Single-family homes sold at a pace of 1 every 1.30 days.
- Condo and townhome listings sold at a pace of 1 every 1.88 days.
- Average days on market were approximately 14 days for both segments.
Conclusion
Overall, Hanover Park shows a steady rhythm in the housing market with varied properties available. The median prices reflect the diverse preferences of buyers in the area.