Hanover Park (DuPage County) home prices rise in the first half of 2017

Hanover Park (DuPage County) home prices rise in the first half of 2017

The median sale price of a home sold in the first half of 2017 in Hanover Park in DuPage County rose by $750 while total sales increased by 2.4%, according to BlockShopper.com.

From January through June of 2017, there were 130 homes sold, with a median sale price of $151,250 – a 0.5% increase over the $150,500 median sale price for the same period of the previous year. There were 127 homes sold in Hanover Park in the first half of 2016.

The median sales tax in Hanover Park for 2017 was $5,334. In 2016, the median sales tax was $5,102. This marks an increase of 4.5%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 3.5%.

The following table compares Hanover Park to other DuPage County cities with similar median sales prices in the first half of 2017:

City Jan. – June 2017 Home Sales Jan. – June 2016 Home Sales % change (Total Home Sales) Jan. – June 2017 Median Sales Price Jan. – June 2016 Median Sales Price % change (Median Sales Price)
Carol Stream 269 264 1.9% $214,500 $199,000 7.8%
Addison 192 166 15.7% $211,500 $208,000 1.7%
St. Charles 11 11 0% $207,500 $198,000 4.8%
Bensenville 87 68 27.9% $205,000 $191,500 7%
Wood Dale 103 89 15.7% $200,196 $190,000 5.4%
Warrenville 158 111 42.3% $189,500 $188,000 0.8%
Willowbrook 99 92 7.6% $175,000 $195,500 -10.5%
Glendale Heights 207 206 0.5% $170,000 $167,750 1.3%
Hanover Park 130 127 2.4% $151,250 $150,500 0.5%
York Center 55 44 25% $147,470 $150,000 -1.7%
Dupage City 46 42 9.5% $127,500 $105,750 20.6%

* This story only considers sales data for the part of Hanover Park that is in DuPage County.



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