Housing Prices in Hanover Township, IL

How much do homes in Hanover Township, IL cost?

Median List Price

$230,000

$111/sqft

Based on all homes listed in the last 12 months.

Difference Since October 2023

-$196,750(-46.1%)

Key Takeaway

The list price of homes in Hanover Township has decreased by 46.1% since last year.

Summary: The median home list price in Hanover Township was $230,000 in October 2024, down 46.1% from the previous year, and the median price per square foot was $111.

Median List Price By Bedroom Count

# BEDSOct 2023Oct 2024CHANGE
1 -$50K
N/A
2 $17K$66K
+288.2%
3 $288.4K$210K
-27.2%
4 $469.5K$1.2M
+166.2%
5+ --
N/A

Summary: Hanover Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 288.2%, 3 bedroom homes decreased by 27.2%, 4 bedroom homes increased by 166.2%, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Washington Township
+11.5%
Hanover Township
-46.1%
Hanover
-46.1%

Housing Supply in Hanover Township, IL

How many homes are available in Hanover Township, IL?

Number of Homes For Sale

Sep 2024Oct 2024CHANGE
45+25.0%

Summary: The Hanover Township real estate market had 5 homes for sale in October 2024, a 25.0% increase compared to September 2024.

Homes For Sale By Bedroom Count

# BEDSSep 2024Oct 2024CHANGE
1 01
+100.0%
2 00
0.0%
3 22
0.0%
4 22
0.0%
5+ 00
0.0%

Summary: The Hanover Township housing inventory by bedroom type for October 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.

Days on Market for Hanover Township, IL

How long does it take to sell a home in Hanover Township, IL?

Average Listing Age

Oct 2023Oct 2024CHANGE
427 Days95 Days-77.8%

Summary: Homes in Hanover Township had an average listing age of 95 days in Oct 2024, down by 77.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 20 Days Ago

Newest Listings in Hanover Township, IL

Nearby Markets to Hanover Township, IL