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Featured local agent — Hanna City, IL
Sarah Mitchell
Compass Real Estate · Hanna City, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Hanna City, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$135,000median sale price
How is the Hanna City, IL housing market right now?
The median home sale price in Hanna City, IL is $135,000, down 37.9% year-over-year. Homes sell in an average of 5 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Hanna City a buyer's or seller's market?
Hanna City, IL is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 5 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
5
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
100.1%
Above asking
What does the Hanna City housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $135,000 |
| Year-over-year price change | -37.9% |
| Average days on market | 5 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 100.1% |
| Median price per sq ft | $103/sq ft |
| Homes sold (latest month) | 1 |
| Listings with a price cut | 100.0% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Hanna City by property type?
How the Hanna City, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $135,000 | $103/sq ft | 1 | 5 days |
| Townhouse | $160,000 | $150/sq ft | 1 | 52 days |
Source: Redfin · Updated monthly
The Hanna City housing market is currently classified as a strong seller's market with a median sale price of $135,000. Prices have fallen 37.9% compared to last year, with homes spending an average of 5 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.2x provides context for how home values compare to local earning capacity.
Homes for sale in Hanna City
There are currently 1 homes listed for sale in Hanna City, Illinois.
Active listings
1
Homes on market
Avg. days on market
5
Days until sale
Who lives in Hanna City?
Population
1,334
Median income
$70,774/yr
Median age
57.6 years
Owner-occupied
82.7%
College grads
20.8%
Avg commute
25.1 min
Source: U.S. Census Bureau ACS
What are homes worth in Hanna City?
Zillow home value
$228,886
Price-to-income
3.2x
Source: Zillow Research
What is it like to live in Hanna City?
Hanna City is a community of approximately 1K residents with a median age of 57.6 years.The median household income is $70,774, which represents a working-class community with solid middle-income opportunities. 20.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 82.7%, reflecting strong community stability and long-term resident commitment. The average commute time is 25.1 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Hanna City offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Hanna City, IL?
Want a head-to-head view? Compare Hanna City side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Hanna City?
The median home sale price in Hanna City is $135,000, down 37.9% from last year.
How long do homes stay on market in Hanna City?
Homes typically spend 5 days on market before going under contract.
What is the median income in Hanna City?
The median household income is $70,774 per year.
Is Hanna City a buyer's or seller's market?
With 1.0 months of supply, Hanna City is currently a strong seller's market.
What is the Zillow home value estimate for Hanna City?
The Zillow Home Value Index (ZHVI) for Hanna City is $228,886, representing the typical home value in the area.
How much does a single-family home cost in Hanna City?
The median single-family home price in Hanna City, IL is $135,000 (about $103 per square foot).
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