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Hanover Park, IL

Full City Profile · Illinois · DuPage County County

3.4 /5.0
B Good
36,850 Population 5,740/sq mi density
$92,263 Median Income $32,099 per capita
$260,900 Home Value $315,227 Zillow
$1,478 Median Rent 29.2% income on rent
50°F Avg Temperature 275 sunny days/yr
80 Violent Crime/100K 671 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.3 / 5.0
$92,263 median income, 3.1% unemployment
A+
Affordability
5.0 / 5.0
$260,900 home value, $1,478/mo rent
F
Safety
1.0 / 5.0
80 violent crimes/100K
B
Education
3.4 / 5.0
29.5% bachelor's degree or higher

Housing Overview

Median Home Value
$260,900
7% below
US avg: $281,900
Median Rent
$1,478/mo
27% above
US avg: $1,163/mo
Homeownership Rate
76.0%
16% above US avg (65.4%)
Total Housing Units
11,509
Median year built: 1976

Home Value by Source

Census Median
$260,900
Zillow (ZHVI)
$315,227
Median Sale Price
$335,000
Median List Price
$350,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

76.0%
Owner-Occupied
24.0%
Renter-Occupied
76%
24%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,478/mo · Zillow rent: $2,225/mo

Market Indicators (Redfin)

Median Days on Market
42 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
15
Price Drops
10.6%
of listings with price reduction
Price Per Sq Ft
$266
Active Inventory
66
homes for sale

Affordability & Housing Stock

Rent Burden
29.2%
of renters spending 30%+ of income on housing
6% below US avg (31.0%)
Median Year Built
1976
Average age of housing stock: 50 years
Homeownership Rate
76.0%

Complete Housing Data

Home Values

Census Median Value$260,900
Zillow Home Value (ZHVI)$315,227
Median Sale Price$335,000
Median List Price$350,000
Price Per Sq Ft$266

Rent

Census Median Rent$1,478
Zillow Rent (ZORI)$2,225
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market42
Sale-to-List Ratio1.0%
Price Drops10.6%
Homes Sold15
Active Inventory66
Price Per Sq Ft$266

Ownership & Stock

Owner-Occupied76.0%
Renter-Occupied24.0%
Homeownership Rate76.0%
Total Housing Units11,509
Median Year Built1976
Rent Burden29.2%