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Thursday, November 28, 2024

Hanover Park (Cook County) home prices fall in the first half of 2019

Realestate4

The median sale price of a home sold in the first half of 2019 in Hanover Park in Cook County fell by $7,500 while total sales decreased by 1.7%, according to BlockShopper.com.

From January through June of 2019, there were 119 homes sold, with a median sale price of $192,500 - a 3.8% decrease over the $200,000 median sale price for the same period of the previous year. There were 121 homes sold in Hanover Park in the first half 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 first half of 2019.

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

CityJan. - June 2019 Home SalesJan. - June 2018 Home Sales% change (Total Home Sales)Jan. - June 2019 Median Sales PriceJan. - June 2018 Median Sales Price% change (Median Sales Price)
Olympia Fields634057.5%$197,000$179,7509.6%
Streamwood346383-9.7%$196,750$190,0003.6%
Bridgeview856334.9%$196,000$178,00010.1%
Tinley Park444556-20.1%$195,500$190,0002.9%
Broadview40400%$193,000$179,0007.8%
Hanover Park119121-1.7%$192,500$200,000-3.8%
Cicero243263-7.6%$190,000$165,50014.8%
Wheeling213245-13.1%$190,000$200,000-5%
Elmhurst4333.3%$189,500$95,50098.4%
Hillside49490%$189,000$180,0005%
Oak Forest2502452%$188,000$180,0004.4%
* This story only considers sales data for the part of Hanover Park that is in Cook County.

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