Current Price

$303,325

1 Month Forecast

â–² $328,713

1-Year Forecast *

â–² $342,618

5-Year Forecast *

â–² $412,823

"Is it a good time to buy homes in Hanover Park?" "Does investing in real estate in Hanover Park (Illinois State, DuPage County) worth it?" According to our live Forecast System, buying a house in Hanover Park is a good short-term (1-year) investment*. The Hanover Park average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Hanover Park" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Hanover Park in Illinois State, DuPage County. If you are looking for homes for sale with good flipping profit, Hanover Park can be a profitable property investment option. The median price of an average house in Hanover Park was 303,325 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Hanover Park" area is 412,823 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +36.10% meaning that investing 100000 USD today may yield a profit of 36,099 USD by 2031.

Current Median Listing Price: 303,325 USD Median Listing Price Per Square Foot: 169 USD

Hanover Park Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Hanover Park (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Hanover Park Price Target

Hanover Park median home price target in 12 months: $342,618* (upside of 13.0%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $320,429 $326,836 $320,429 $326,836
2024 $285,537 $303,325 $285,537 $303,325
2023 $262,451 $284,086 $262,451 $284,086
2022 $246,079 $262,838 $246,079 $266,563
2021 $224,825 $244,190 $224,825 $244,190
2020 $207,568 $221,996 $207,568 $221,996
2019 $201,965 $206,467 $201,965 $207,582
2018 $192,149 $201,131 $192,149 $201,131
2017 $176,846 $190,134 $176,846 $190,134
2016 $159,876 $175,534 $159,876 $175,534
2015 $148,336 $158,405 $148,336 $158,405
2014 $135,441 $147,670 $135,441 $147,670
2013 $112,204 $133,392 $112,204 $133,392
2012 $117,205 $112,150 $112,150 $117,205

Questions & Answers about the Hanover Park Housing Market Forecast

How much does an average home cost in Hanover Park today?

The value of an average home (the listing price) in Hanover Park is $303,325 USD.

What is the average price per square foot in Hanover Park?

According to Walletinvestor the median price per square foot in Hanover Park is 169 USD.

Will the median listing price of homes in Hanover Park grow / rise / go up?

Yes. The Hanover Park home prices may rise from 303,325 USD to 342,618 USD in one year.

Is it profitable to invest in Hanover Park homes?

Yes. The long-term profit potential is +12.95% in one year.

Will Hanover Park house prices fall / drop?

No. See above.

What is the predicted price of a Hanover Park home in 2030?

The predicted home sales price of a Hanover Park home in 2030 in Hanover Park is 393,621 USD.

What is the predicted price of a Hanover Park home in 2035?

The predicted home sales price of a Hanover Park home in 2035 in Hanover Park is 493,110 USD.

Will real estate prices decrease in Hanover Park?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Hanover Park is the 1660. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in DuPage, Hanover Park decreased, looking at the past 12 months.

According to Walletinvestor's Hanover Park real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.887% to 303,325 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 12.664% in 2021
  • 14.864% in 2022
  • 11.034% in 2023
  • 12.214% in 2024
  • 12.464% in 2025
  • 13.354% in 2026

Based on our Hanover Park real estate market research and report the predicted sales prices will increase by 238.080% in the next 10 years.

Over the last 12 months, the value of homes in Hanover Park fluctuated: increasing 5 times .

Hanover Park (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Hanover Park Housing Market Forecast with Real Estate Prices for 2025
August 2025 328713 303731 353695
September 2025 330601 306136 355065
October 2025 332500 308560 356439
November 2025 334409 310332 358487
December 2025 336330 317159 355500
Hanover Park Housing Market Forecast with Real Estate Prices for 2026
January 2026 338066 315753 360378
February 2026 338021 308275 367767
March 2026 337663 309975 365352
April 2026 337891 320658 355123
May 2026 338716 318393 359039
June 2026 340661 310683 370640
July 2026 342618 321376 363860
August 2026 344585 325978 363193
September 2026 346564 316067 377062
October 2026 348555 325899 371211
November 2026 350556 326018 375095
December 2026 352202 332830 371573
Hanover Park Housing Market Forecast with Real Estate Prices for 2027
January 2027 352172 321181 383164
February 2027 351114 319513 382714
March 2027 350058 331855 368261
April 2027 349118 320491 377746
May 2027 349049 317635 380464
June 2027 348536 323093 373980
July 2027 348968 321400 376537
August 2027 350284 319809 380758
September 2027 352295 323407 381183
October 2027 354318 328453 380184
November 2027 356353 320718 391989
December 2027 358400 332595 384205
Hanover Park Housing Market Forecast with Real Estate Prices for 2028
January 2028 360458 329098 391818
February 2028 362528 339689 385368
March 2028 364610 345286 383935
April 2028 366636 344638 388634
May 2028 368539 349375 387703
June 2028 370420 344120 396720
July 2028 372547 336410 408684
August 2028 374687 342089 407285
September 2028 376839 352344 401333
October 2028 379003 350957 407049
November 2028 381179 353734 408624
December 2028 382498 346161 418836
Hanover Park Housing Market Forecast with Real Estate Prices for 2029
January 2029 383525 347090 419960
February 2029 384412 349046 419778
March 2029 385429 354209 416649
April 2029 386916 351320 422512
May 2029 389138 364623 413654
June 2029 391373 369456 413290
July 2029 393621 366854 420387
August 2029 395045 358701 431390
September 2029 396371 365454 427288
October 2029 397521 361347 433696
November 2029 398216 364766 431666
December 2029 399163 369625 428701
Hanover Park Housing Market Forecast with Real Estate Prices for 2030
January 2030 401455 377368 425542
February 2030 403761 366211 441310
March 2030 406079 380090 432068
April 2030 408411 377372 439451
May 2030 410757 372146 449368
June 2030 412877 382737 443017
July 2030 412823 389292 436354
August 2030 412386 388468 436304
September 2030 412664 380063 445264
October 2030 413672 372305 455039
November 2030 416047 374859 457236
December 2030 418437 383288 453585
Hanover Park Housing Market Forecast with Real Estate Prices for 2031
January 2031 420840 385910 455770
February 2031 423257 390666 455848
March 2031 425688 383970 467405
April 2031 428132 403729 452536
May 2031 430141 404763 455520
June 2031 430106 406880 453331
July 2031 428813 389362 468263
August 2031 427523 399307 455740
September 2031 426376 398235 454517
October 2031 426291 399435 453148
November 2031 425665 403530 447800
December 2031 426193 394228 458157
Hanover Park Housing Market Forecast with Real Estate Prices for 2032
January 2032 427799 405553 450044
February 2032 430256 401859 458653
March 2032 432727 404599 460854
April 2032 435212 396043 474381
May 2032 437711 403570 471853
June 2032 440225 413812 466639
July 2032 442753 417959 467547

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.