From April to June, 110 homes sold in Hanover Park for a median price of $198,750. That's 5.3 percent higher than median home sale prices for the second quarter of 2017.
In the second quarter, 9 homes in Hanover Park were in foreclosure.
Median property tax for homeowners in Hanover Park was $5,324.02 in 2017 according to tax data from that year. That means homeowners pay 2.8 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Hanover Park real estate: Q2 2009-2018
Properties sold
Median sale price
Change in sale price
2009
91
$157,950
-
2010
98
$142,500
-9.8%
2011
87
$122,605
-14%
2012
98
$122,625
0%
2013
122
$129,600
5.7%
2014
117
$144,160
11.2%
2015
114
$151,580
5.1%
2016
144
$178,500
17.8%
2017
160
$188,700
5.7%
2018
110
$198,750
5.3%
Median property tax
Median sale price
Effective property tax rate
2009
$6,243.17
$157,950
4%
2010
$5,629.47
$142,500
4%
2011
$5,106.47
$122,605
4.2%
2012
$5,373.87
$122,625
4.4%
2013
$4,933.76
$129,600
3.8%
2014
$4,853.25
$144,160
3.4%
2015
$4,931.09
$151,580
3.3%
2016
$5,547.84
$178,500
3.1%
2017
$5,324.01
$188,700
2.8%
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