From July through September of 2018, there were 67 homes sold, with a median sale price of $206,000 - a 14.4% increase over the $180,000 median sale price for the same period of the previous year. There were 82 homes sold in Hanover Park in the third quarter of 2017.
The median sales tax in Hanover Park for the most recent year with available data, 2017, was $4,932.40, approximately 2.4% of the median home sale price for the third quarter of 2018.
The following table compares Hanover Park to other Cook County cities with similar median sales prices in the third quarter of 2018:
| City | July - Sept. 2018 Home Sales | July - Sept. 2017 Home Sales | % change (Total Home Sales) | July - Sept. 2018 Median Sales Price | July - Sept. 2017 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Hickory Hills | 56 | 45 | 24.4% | $222,500 | $187,000 | 19% |
| Indian Head Park | 24 | 30 | -20% | $220,500 | $226,500 | -2.6% |
| Des Plaines | 330 | 348 | -5.2% | $219,500 | $236,250 | -7.1% |
| Olympia Fields | 37 | 34 | 8.8% | $215,000 | $183,500 | 17.2% |
| Palatine | 412 | 431 | -4.4% | $215,000 | $260,000 | -17.3% |
| Hanover Park | 67 | 82 | -18.3% | $206,000 | $180,000 | 14.4% |
| Franklin Park | 75 | 66 | 13.6% | $205,000 | $189,000 | 8.5% |
| Berkeley | 22 | 22 | 0% | $203,250 | $189,000 | 7.5% |
| Schiller Park | 38 | 33 | 15.2% | $202,500 | $203,500 | -0.5% |
| Tinley Park | 259 | 304 | -14.8% | $200,000 | $195,000 | 2.6% |
| Broadview | 26 | 32 | -18.8% | $199,750 | $170,000 | 17.5% |
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