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Dupage Policy Journal

Monday, November 25, 2024

Hanover Park (DuPage County) home prices rise in August 2017

Realestate3

The median sale price of a home sold in August 2017 in Hanover Park in DuPage County rose by $27,000 while total sales increased by 63%, according to BlockShopper.com.

In August 2017, there were 44 homes sold, with a median sale price of $191,000 - a 16.5% increase over the $164,000 median sale price for the same period of the previous year. There were 27 homes sold in Hanover Park in August 2016.

The median sales tax in Hanover Park for 2017 was $5,333.76. In 2016, the median sales tax was $5,102.10. 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 2.8%.

The following table compares Hanover Park to other DuPage County cities with similar median sales prices in August 2017:

CityAug. 2017 Home SalesAug. 2016 Home Sales% change (Total Home Sales)Aug. 2017 Median Sales PriceAug. 2016 Median Sales Price% change (Median Sales Price)
Addison563847.4%$230,000$232,500-1.1%
Wood Dale231827.8%$229,000$259,000-11.6%
Aurora14711132.4%$224,000$200,00012%
Carol Stream605215.4%$220,000$227,500-3.3%
Lisle3940-2.5%$218,000$266,500-18.2%
Hanover Park442763%$191,000$164,00016.5%
Glendale Heights554327.9%$189,000$175,0008%
Warrenville392556%$176,000$200,000-12%
Willowbrook211723.5%$165,000$255,000-35.3%
York Center125140%$152,700$139,0009.9%
Dupage City1415-6.7%$111,500$135,000-17.4%
* This story only considers sales data for the part of Hanover Park that is in DuPage County.

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