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 4 Days Ago

Newest Listings in Hanover Township, IL

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