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North Cook News

Wednesday, November 27, 2024

Hanover Park (Cook County) home prices fall in the second quarter of 2019

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The median sale price of a home sold in the second quarter of 2019 in Hanover Park in Cook County fell by $23,500 while total sales decreased by 18.1%, according to BlockShopper.com.

From April through June of 2019, there were 59 homes sold, with a median sale price of $194,000 - a 10.8% decrease over the $217,500 median sale price for the same period of the previous year. There were 72 homes sold in Hanover Park in the second quarter of 2018.

The median sales tax in Hanover Park for the most recent year with available data, 2018, was $4,968, approximately 2.6% of the median home sale price for the second quarter of 2019.

The following table compares Hanover Park to other Cook County cities with similar median sales prices in the second quarter of 2019:

CityApr. - June 2019 Home SalesApr. - June 2018 Home Sales% change (Total Home Sales)Apr. - June 2019 Median Sales PriceApr. - June 2018 Median Sales Price% change (Median Sales Price)
Elmhurst10-$200,000$0-
Broadview27258%$197,000$180,5009.1%
Cicero118142-16.9%$195,250$169,00015.5%
Bridgeview493732.4%$195,000$178,0009.6%
Oak Forest154155-0.6%$195,000$187,0004.3%
Hanover Park5972-18.1%$194,000$217,500-10.8%
Palos Hills78103-24.3%$192,000$165,00016.4%
Wheeling140148-5.4%$191,250$206,250-7.3%
Evergreen Park98107-8.4%$190,000$179,0006.1%
Indian Head Park2833-15.2%$190,000$232,500-18.3%
Elgin1091035.8%$187,000$180,0003.9%
* This story only considers sales data for the part of Hanover Park that is in Cook County.

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