$55,000
2 bd1 ba1,030 sqft
405 Madison St
Hanover, IL Housing Market
$108,414
0.9% 1-yrThe average Hanover, IL home value is $108,414, up 0.9% over the past year.
What is the Zillow Home Values Index?
Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.
Hanover Key Takeaways
Typical Home Values: $108,414
1-year Value Change: +0.9%
(Data through March 31, 2025)
Hanover Housing Market Overview
--1-year Market Forecast
--For sale inventory(March 31, 2025)
--New listings(March 31, 2025)
--Median sale to list ratio
--Median sale price(February 28, 2025)
--Median list price(March 31, 2025)
--Percent of sales over list price
--Percent of sales under list price
--Median days to pending
(Metric availability is based on market coverage and data)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Hanover
- NameMedian ZHVI
- Lake Carroll$425,273
- Fenelon-Hill$191,844
- South Grandview$271,374
- Hilltop/Ivy League$159,016
- Downtown--
- Washington$120,482
- Historic Bluffs$166,680
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Hanover Rental Market Trends
--Average rent in Hanover
$2,005National average rent(March 31, 2025)
--Month-over-month change
--Year-over-year change
How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
