Is Hanover, IL 61041 a buyer’s or seller’s market?
Hanover is a buyer’s market. With about 7.5 months of supply, buyers usually have more time and more room to negotiate on price and terms.
Months of supply7.5Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list97.6%Sold price ÷ list price
Median days on market13Listing to accepted offer
Median price per sq ft$112
Run the numbers for 61041
Nearby markets
Apple River 61001Seller’s market $182 /sq ftEast Dubuque 61025Seller’s market $126 /sq ftElizabeth 61028Buyer’s market $118 /sq ftGalena 61036Balanced $178 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology