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Hanover Park, IL Housing

 
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As of 2010-2014, median price of a house in Hanover Park is $179,400, which is about the same as the state average of $175,700 and is about the same as the national average of $175,700. The Hanover Park median house value has grown by 26.78% since 2000. The growth rate for the price of a house in Hanover Park is lower than the state average rate of 34.33% and is lower than the national average rate of 46.91%. The median year that a house in Hanover Park was built is 1975, which is newer than the median year for a house built in the state which is 1967 and is about the same as the median year for a house built in the USA which is 1976.

Topics:House ValueHousing OccupancyYear Structure BuiltMortgage StatusMortgage Owner's CostsNone-Mortgage Owner's CostsUnits in StructureRoomsBedroomsHouse Heating FuelGross RentVehicle Available

House Value

Median Value of a Total of 8,606 Owner Occupied Houses in Hanover Park, IL, #221
Hanover Park, IL
179,400 USD
Illinois
175,700 USD
U.S.
175,700 USD
Median House Price Growth Since 2000, #857
Hanover Park, IL
26.78%
Illinois
34.33%
U.S.
46.91%
Ranks: $50K or Less, $50-100K, $100-150K, $150-200K, $200-300K, $300-500K, $500-1M, $1M or More

*Based on 2010-2014 data. View historical house value data.

Housing Occupancy

 Hanover Park, ILIllinoisU.S.
Total Housing Units11,691, see rank, 100%5,299,433132,741,033
Occupied Housing Units11,134, 95.24%, see rank90.17%87.55%
Owner Occupied8,606, 73.61%, see rank60.28%56.34%
Renter Occupied2,528, 21.62%, see rank29.89%31.21%
Vacant Housing Units557, 4.76%, see rank9.83%12.45%
For Rent72, 0.62%, see rank2.18%2.34%
For Sale Only152, 1.30%, see rank1.36%1.20%
Rented or Sold, Not Occupied130, 1.11%, see rank0.87%0.92%
For Seasonal, Recreational, or Occasional Use0, 0.00%, see rank0.95%3.97%
For Migrant Workers0, 0.00%, see rank0.01%0.03%
Other Vacant203, 1.74%, see rank4.46%4.00%

*Based on 2010-2014 data. View historical housing occupancy data.

Year Structure Built

Median Built Year, #267
Hanover Park, ILIllinoisU.S.
197519671976

Ranks: 1995 or earlier, 1960-1969, 1970-1979, 1980-1989, 1990-2000, 2000-2010

*Based on 2010-2014 data. View historical year structure built data.

Mortgage Status

 Hanover Park, IL%IllinoisU.S.
Owner-Occupied Units8,606100%3,194,70774,787,460
With a Mortgage6,97481.04%, see rank67.18%65.58%
Without a Mortgage1,63218.96%, see rank32.82%34.42%

*Based on 2010-2014 data. View historical mortgage status data.

Monthly Owner Costs for Housing Units with a Mortgage


Median Owner Costs, see rank
Hanover Park, IL
1,774 USD
Illinois
1,676 USD
U.S.
1,522 USD

Owner Costs Distribution
Monthly Owner CostsHanover Park, IL%IllinoisU.S.
$299 or Less50.07%, see rank0.14%0.20%
$300 to $49990.13%, see rank1.21%1.59%
$500 to $699821.18%, see rank4.05%5.01%
$700 to $9993655.23%, see rank11.52%14.32%
$1,000 to $1,4991,61123.10%, see rank24.62%27.90%
$1,500 to $1,9992,43934.97%, see rank22.62%20.35%
$2,000 to $2,9992,19731.50%, see rank24.08%19.52%
$3,000 or More2663.81%, see rank11.76%11.12%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Hanover Park, IL
27.90% of the Total Income
Illinois
24.20% of the Total Income
U.S.
23.70% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Hanover Park, IL%IllinoisU.S.
10% or Less3054.37%, see rank5.20%5.86%
10% to 20%1,23817.75%, see rank31.00%31.95%
20% to 30%2,28432.75%, see rank27.90%27.64%
30% to 40%1,12316.10%, see rank14.28%13.74%
40% or More1,95428.02%, see rank21.15%20.29%

*Based on 2010-2014 data. View historical monthly owner costs for housing units with a mortgage data.

Monthly Owner Costs for Housing Units without a Mortgage


Median Owner Costs, see rank
Hanover Park, IL
675 USD
Illinois
572 USD
U.S.
457 USD

Owner Costs Distribution
Monthly Owner CostsHanover Park, IL%IllinoisU.S.
$199 or Less261.59%, see rank4.12%7.76%
$200 to $299332.02%, see rank8.95%14.70%
$300 to $49917010.42%, see rank27.30%34.63%
$500 to $69967741.48%, see rank25.34%21.16%
$700 or More72644.49%, see rank34.29%21.75%

Owner Cost as a Percentage of the Total Income, Median Percentage, see rank
Hanover Park, IL
14.60% of the Total Income
Illinois
13.50% of the Total Income
U.S.
12.30% of the Total Income

Owner Cost as a Percentage of the Total Income, Distribution
 Hanover Park, IL%IllinoisU.S.
10% or Less37623.04%, see rank34.64%40.19%
10% to 20%69042.28%, see rank34.00%31.47%
20% to 30%23114.15%, see rank13.55%12.24%
30% to 40%1408.58%, see rank6.36%5.64%
40% or More1207.35%, see rank10.25%9.16%

*Based on 2010-2014 data. View historical monthly owner costs for housing units without a mortgage data.

Units in Structure

 Hanover Park, ILIllinoisU.S.
Total Housing Units11,691, 100%5,299,433132,741,033
1-unit, Detached6,813, 58.28%, see rank58.58%61.65%
1-unit, Attached3,037, 25.98%, see rank5.85%5.82%
2 Units116, 0.99%, see rank5.71%3.75%
3 or 4 Units465, 3.98%, see rank6.80%4.43%
5 to 9 Units353, 3.02%, see rank6.22%4.78%
10 or More Units888, 7.60%, see rank14.23%13.08%
Mobile Home, Boat, RV, Van, etc.19, 0.16%, see rank2.61%6.49%

*Based on 2010-2014 data. View historical units in structure data.

Rooms

 Hanover Park, ILIllinoisU.S.
Total Housing Units11,691, 100%5,299,433132,741,033
1 Room53, 0.45%, see rank2.20%1.95%
2 Rooms19, 0.16%, see rank2.22%2.48%
3 Rooms453, 3.87%, see rank8.27%9.13%
4 Rooms1,406, 12.03%, see rank16.08%16.60%
5 Rooms2,899, 24.80%, see rank20.31%20.41%
6 Rooms2,810, 24.04%, see rank18.17%18.06%
7 Rooms2,054, 17.57%, see rank12.12%12.27%
8 Rooms1,140, 9.75%, see rank8.93%8.48%
9 Rooms or More857, 7.33%, see rank11.70%10.60%
Median Rooms5.90, see rank5.605.50

*Based on 2010-2014 data. View historical rooms data.

Bedrooms

 Hanover Park, ILIllinoisU.S.
Total Housing Units11,691, 100%5,299,433132,741,033
No Bedroom69, 0.59%, see rank2.50%2.17%
1 Bedroom409, 3.50%, see rank11.67%11.16%
2 Bedrooms2,406, 20.58%, see rank29.01%26.69%
3 Bedrooms6,156, 52.66%, see rank36.76%39.70%
4 Bedrooms2,241, 19.17%, see rank15.97%16.05%
5 or More Bedrooms410, 3.51%, see rank4.10%4.22%

*Based on 2010-2014 data. View historical bedrooms data.

House Heating Fuel

 Hanover Park, ILIllinoisU.S.
Total Housing Units11,134, 100%4,778,633116,211,092
Utility Gas10,428, 93.66%, see rank79.46%48.85%
Bottled, Tank, or LP Gas117, 1.05%, see rank4.08%4.86%
Electricity515, 4.63%, see rank14.82%36.68%
Fuel Oil, Kerosene, etc.0, 0.00%, see rank0.20%5.86%
Coal or Coke0, 0.00%, see rank0.02%0.12%
Wood30, 0.27%, see rank0.50%2.12%
Solar Energy0, 0.00%, see rank0.02%0.05%
Other Fuel23, 0.21%, see rank0.45%0.47%
No Fuel Used21, 0.19%, see rank0.46%1.00%

*Based on 2010-2014 data. View historical house heating fuel data.

Gross Rent

Monthly RentalHanover Park, ILIllinoisU.S.
Occupied Units Paying Rent2,430, 100%1,513,61739,201,928
$199 or Less0, 0.00%, see rank1.84%1.50%
$200 to $29937, 1.52%, see rank3.23%3.18%
$300 to $4990, 0.00%, see rank7.28%7.37%
$500 to $69913, 0.53%, see rank15.00%16.01%
$700 to $999846, 34.81%, see rank33.11%29.17%
$1,000 to $1,499926, 38.11%, see rank26.04%26.88%
$1,500 to $1,999483, 19.88%, see rank8.81%9.79%
$2,000 or More125, 5.14%, see rank4.70%6.10%
Median$1,153, see rank$903$920

*Based on 2010-2014 data. View historical gross rent data.

Vehicle Available

 Hanover Park, ILIllinoisU.S.
Occupied Housing Units11,134, 100%4,778,633116,211,092
No Vehicles Available305, 2.74%, see rank10.79%9.12%
1 Vehicles Available3,119, 28.01%, see rank35.14%33.80%
2 Vehicles Available4,790, 43.02%, see rank36.99%37.48%
3 or More Vehicles Available2,920, 26.23%, see rank17.09%19.61%

*Based on 2010-2014 data. View historical vehicle available data.


 
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