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IL area data

Hanover Park, IL

Hanover Park, IL.

Population: 41,382 (Census ACS)

The typical home value in Hanover Park, IL is $440,037 — up 4.0% over the past year. Homes sell for a median $445,000 after a median 43 days on market. Typical rent runs $2,336/month. 9 schools serve the area (NCES). FEMA's National Risk Index rates the county's overall natural-hazard risk Relatively High, with cold wave, strong wind, tornado the top-rated hazards. Cost of living is at the US average (BEA, metro/state-level).

Backed by 25+ public sourcesFEMA · U.S. Census · NOAA · Dept. of Education · EPA · and more

$440,037

Typical home value

+4.0%

1-year change

43

Median days on market

Relatively High

Hazard risk (county)

Home values & appreciation

Typical home value
$440,037
1-year appreciation
+4.0%
3-year appreciation
+14.8%
5-year appreciation
+28.5%
10-year appreciation
+62.9%
Peak value since 2000 (Aug 2026)
$440,037
House Price Index (state)
340.3 (+5.5% YoY)

Sources: home value index (ZIP-level) · FHFA House Price Index (state-level)

Market activity

Median sale price
$445,000
Median list price
$419,945
Median price per sqft
$232
1-year sale-price change
+7.2%
Median days on market
43 days
Homes sold (recent period)
198
For-sale inventory
91
Sale-to-list ratio
101.0%
Active listings
100
1-year forecast
+2.7%
Days to pending
15 days
New listings (monthly)
50

Source: recent area sales and market data (ZIP-level)

Rents

Typical rent
$2,336/mo
Studio fair-market rent
$1,678/mo
1BR fair-market rent
$1,780/mo
2BR fair-market rent
$2,011/mo
3BR fair-market rent
$2,586/mo
4BR fair-market rent
$2,954/mo

Sources: market rent index (ZIP-level) · HUD Fair Market Rents (metro/county-level, 40th-percentile regulatory reference)

Affordability

Cost of living index (Above Average)
100.0 (100 = US avg)
Electricity rate (state-level)
17.7¢/kWh
Natural gas rate (state-level)
$11.30/MCF
30-year mortgage rate (national)
7.40%
15-year mortgage rate (national)
6.73%

Sources: BEA Regional Price Parities (metro/state-level) · EIA energy rates (state-level) · Freddie Mac PMMS (national)

Schools

Total schools
9
Elementary schools
6
Middle schools
1
High schools
1
Avg student-teacher ratio
14.7 : 1
Schools include
Prairieview Elementary School, Sycamore Trails Elementary School, Eastview Middle School, Bartlett Elem School, Independence Preschool

Source: NCES school directory, 2024-25 (school-address-based)

Natural hazards & flood risk

Overall hazard risk (county)
Relatively High
Top hazards (county)
cold wave, strong wind, tornado, inland flooding, lightning
Notable hazard ratings (county)
tornado: Very High · cold wave: Very High · strong wind: Very High · lightning: Relatively High · winter weather: Relatively High · inland flooding: Relatively High
Wildfire risk to homes (county)
Higher than 22% of US counties
Buildings in wildfire direct-exposure zone
4.5%
Radon potential (county)
Moderate radon potential — EPA Zone 2 of 3
EPA Superfund (NPL) sites within 5 mi
1
Nearest Superfund site
Tri-County Landfill Co./Waste Management of Illinois, Inc. (3.4 mi)
EPA recommends radon testing for every home regardless of zone.

Sources: FEMA National Risk Index (county-level) · FEMA NFIP flood-insurance claims (ZIP-level) · USDA Forest Service Wildfire Risk to Communities (county-level) · EPA radon zones + Superfund NPL

Climate (30-year normals)

Average annual temperature
50.0°F
Average high
61.0°F
Average low
38.0°F
Annual precipitation
38.0 in
Annual snowfall
34.0 in
USDA plant hardiness zone
5b (extreme annual low -15 to -10°F)

Sources: NOAA Climate Normals (30-year, nearest-station) · USDA Plant Hardiness Zone Map (2023)

Air quality

Air quality rating
Good
Median AQI (annual)
42
Days with Good air quality
233
Days with Moderate air quality
126
Days with Unhealthy air quality
1
Highest AQI recorded (year)
158

Source: EPA annual air quality index (county-level)

Walkability & transit

Walkability index
9.7 / 20
Transit service frequency
-99,999
Jobs reachable by car (30 min)
156,882
Jobs reachable by transit (45 min)
143,372

Source: EPA Smart Location Database (metropolitan block groups)

Amenities

National parks within ~60 mi
1
Nearest national park
Pullman National Historical Park (37 mi)
Airports within 30 mi
43
Nearest airport
Schaumburg Regional Airport (5 mi)
Nearest major airport
Dupage Airport (DPA) (6 mi)
Hospitals in or near this ZIP
89
Hospitals include
SAINT JOSEPH MEDICAL CENTER, LOYOLA GOTTLIEB MEMORIAL HOSPITAL, NORTHSHORE UNIVERSITY HEALTHSYSTEM - EVANSTON HOSPITAL
Avg hospital rating (CMS)
3.2 / 5
Best hospital rating nearby (CMS)
5.0 / 5
Solar radiation rating
Fair (3.9 kWh/m²/day)

Sources: National Park Service · FAA airport data · CMS hospital data (same ZIP, else within ~40 mi) · DOE/NREL (proximity-based)

Migration

Net migration (county)
-3,532 tax filers

Source: IRS SOI county-to-county migration (county-level; published with a multi-year lag)

Housing stock

Median year housing built
1992
Housing built before 1970
9.3%
Housing built 2000 or later
21.8%
Median annual property tax
$9,187
Mean commute to work
24 min
Households with broadband internet
86.4%

Source: Census ACS 5-year estimates (ZIP-level)

Employment & development

Total county employment
580,016
Average weekly wage
$1,590
Top industries (by employment)
Health Care, Professional Services, Administrative Services
Annual residential building permits (county)
1,265

Sources: BLS QCEW (county-level) · Census Building Permits (county-level)

How it compares

Hanover ParkState medianUS median
Typical home value$440,037$194,869$288,527
Median sale price$445,000$212,000$325,000
Median days on market43 days48 days51 days
Typical rent$2,336/mo$1,787/mo$1,809/mo
Median annual property tax$9,187$2,696$2,006

State and US medians are computed across all US ZIP codes with sufficient public-data coverage, from the same sources as the figures above.

Area data compiled from public government, academic, and industry research feeds. Data sources →

Common questions

What is the typical home value in Hanover Park, IL?
$440,037.
What is the median sale price in Hanover Park, IL?
$445,000.
How long do homes take to sell in Hanover Park, IL?
Median days on market: 43 days.
What is typical rent in Hanover Park, IL?
Typical rent: $2,336/month.
What is the natural-hazard risk in Hanover Park, IL?
Overall risk: Relatively High (FEMA NRI, county-level). Top hazards: cold wave, strong wind, tornado, inland flooding, lightning.
What is the wildfire risk in Hanover Park, IL?
Risk to homes is higher than 22% of US counties (USDA Forest Service Wildfire Risk to Communities, county-level).
What is the radon potential in Hanover Park, IL?
Moderate radon potential — EPA Zone 2 of 3, county-level. EPA recommends testing every home regardless of zone.
Are there Superfund sites near Hanover Park, IL?
1 current or proposed National Priorities List site within 5 miles (EPA). Nearest site: Tri-County Landfill Co./Waste Management of Illinois, Inc., 3.4 mi.
How many schools serve Hanover Park, IL?
9 schools (6 elementary, 1 middle, 1 high) (NCES, 2024-25).
Is Hanover Park, IL walkable?
Walkability index: 9.7/20 (EPA Smart Location Database).
What is the air quality in Hanover Park, IL?
Good. Median AQI: 42. (EPA AQI).
What is the cost of living in Hanover Park, IL?
Regional Price Parity: 100.0 (100 = US average) (Above Average) (BEA RPP, metro/state-level).

ZIP code for Hanover Park

Listing a home in Hanover Park, IL?

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Data last updated

Most recent source refresh: Oct 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents