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Thursday, April 18, 2024

Hanover Park (Cook County) home prices fall in June 2019

Realestate5

The median sale price of a home sold in June 2019 in Hanover Park in Cook County fell by $43,750 while total sales decreased by 12%, according to BlockShopper.com.

In June 2019, there were 22 homes sold, with a median sale price of $169,250 - a 20.5% decrease over the $213,000 median sale price for the same period of the previous year. There were 25 homes sold in Hanover Park in June 2018.

The median sales tax in Hanover Park for the most recent year with available data, 2018, was $4,968, approximately 2.9% of the median home sale price for June 2019.

The following table compares Hanover Park to other Cook County cities with similar median sales prices in June 2019:

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Worth302615.4%$176,500$165,5006.6%
Palos Hills3334-2.9%$175,000$193,750-9.7%
Wheeling4463-30.2%$172,500$215,000-19.8%
Crestwood2533-24.2%$171,000$132,00029.5%
Orland Hills915-40%$170,000$185,000-8.1%
Hanover Park2225-12%$169,250$213,000-20.5%
East Hazel Crest14-75%$165,000$132,75024.3%
Summit68-25%$165,000$145,00013.8%
South Holland3744-15.9%$162,500$158,0002.8%
Bellwood20200%$162,000$161,5000.3%
Homewood3547-25.5%$160,000$153,0004.6%
* This story only considers sales data for the part of Hanover Park that is in Cook County.

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