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market report · 61041
Hanover, IL · 61041
3 active listings$525,000 median ask$2,790 est. rent0.5% price/rent
$525,000
Median list price
$2,790/mo
Estimated rent
0.5%
Price / rent ratio
3
Listings
FHFA home price index · 2011–2021
13.7% cumulative change over the window. Source: FHFA ZIP-level HPI.
$1.16
Median rent / sqft
3 comps
$202.55
Median sold / sqft
3 comps
—
Walkability
3.4%
Area unemployment
BLS LAUS
Median household income $45,938 · median home value $114,900 · ACS 2024.
Natural-hazard risk Relatively High (FEMA NRI score 86).
top deals · highest rent-to-price
303 Elm St, Hanover, IL 61041
Hanover, IL
$159,900$2,034/mo1.3%
10198 S Crazy Hollow Rd, Hanover, IL 61041
Hanover, IL
$525,000$2,790/mo0.5%
8790 S Gamble Hill Rd, Hanover, IL 61041
Hanover, IL
$899,000$3,055/mo0.3%