Hoffman Estates, IL Real Estate & Property Data

Hoffman Estates Real Estate Market Trends
Last Updated: April 19, 2024

Accurate and comprehensive real estate data is critical for insight into Hoffman Estates, IL. ATTOM’s Hoffman Estates real estate data is updated daily, and current market trends show that in Hoffman Estates, IL a total of 646 residential properties have sold over the past year. With a median home price of $431,250 in Hoffman Estates and a total of 2 foreclosures. Get detailed property data for Hoffman Estates, IL instantly. ATTOM is your one-stop-shop for the Hoffman Estates property reports and real estate data you need in Hoffman Estates, IL.

Hoffman Estates Real Estate Market Trends
Total Residential Properties 16,002
Total Commercial Properties 255
Avg. Home Age (Single Family Home) 48 Years
Avg. Square Feet (Single Family Home) 1,892
Total 2024 Residential Sales (year-to-date) 82
% of Homes Seriously Underwater (Q2 2024) 0.63%
Total 2023 Residential Sales 601
% of Equity Rich Homes (Q2 2024) 44.24%
Effective 2023 Property Tax 2.14%
Total Foreclosure Filings (year-to-date) 6
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Hoffman Estates, IL Real Estate Overview

There were 646 residential properties sold in the past year in Hoffman Estates, IL. The median home value in Hoffman Estates, IL is $339,183. There are a total of 16,002 residential properties in the Hoffman Estates.

Median Sales Price i
$431,250
(Feb 2024)
+17.5%
year-over-year
y-o-y
  • February '24 Feb '24 $431,250
  • January '24 Jan '24 $380,000
  • December '23 Dec '23 $403,500
  • November '23 Nov '23 $387,000
  • October '23 Oct '23 $440,000
  • September '23 Sep '23 $455,000
  • August '23 Aug '23 $425,000
  • July '23 Jul '23 $387,000
  • June '23 Jun '23 $395,000
  • May '23 May '23 $400,000
  • April '23 Apr '23 $391,500
  • March '23 Mar '23 $419,000
Median Down Payment i
$79,200
(Feb 2024)
+89.1%
year-over-year
y-o-y
  • February '24 Feb '24 $79,200
  • January '24 Jan '24 $68,000
  • December '23 Dec '23 $72,137
  • November '23 Nov '23 $54,000
  • October '23 Oct '23 $94,640
  • September '23 Sep '23 $73,000
  • August '23 Aug '23 $60,469
  • July '23 Jul '23 $50,125
  • June '23 Jun '23 $74,500
  • May '23 May '23 $55,750
  • April '23 Apr '23 $40,950
  • March '23 Mar '23 $39,598
Number of Homes Sold i
34
(Feb 2024)
+17.2%
year-over-year
y-o-y
  • February '24 Feb '24 34
  • January '24 Jan '24 48
  • December '23 Dec '23 53
  • November '23 Nov '23 47
  • October '23 Oct '23 64
  • September '23 Sep '23 61
  • August '23 Aug '23 65
  • July '23 Jul '23 55
  • June '23 Jun '23 61
  • May '23 May '23 52
  • April '23 Apr '23 35
  • March '23 Mar '23 42
Number of Purchase Loans i
25
(Feb 2024)
+8.7%
year-over-year
y-o-y
  • February '24 Feb '24 25
  • January '24 Jan '24 46
  • December '23 Dec '23 39
  • November '23 Nov '23 31
  • October '23 Oct '23 56
  • September '23 Sep '23 51
  • August '23 Aug '23 58
  • July '23 Jul '23 51
  • June '23 Jun '23 54
  • May '23 May '23 42
  • April '23 Apr '23 33
  • March '23 Mar '23 30
Number of REFI Loans i
11
(Feb 2024)
+83.3%
year-over-year
y-o-y
  • February '24 Feb '24 11
  • January '24 Jan '24 15
  • December '23 Dec '23 25
  • November '23 Nov '23 11
  • October '23 Oct '23 11
  • September '23 Sep '23 15
  • August '23 Aug '23 17
  • July '23 Jul '23 12
  • June '23 Jun '23 13
  • May '23 May '23 16
  • April '23 Apr '23 15
  • March '23 Mar '23 12
Number of HELOC Loans i
8
(Feb 2024)
-55.6%
year-over-year
y-o-y
  • February '24 Feb '24 8
  • January '24 Jan '24 9
  • December '23 Dec '23 14
  • November '23 Nov '23 14
  • October '23 Oct '23 11
  • September '23 Sep '23 15
  • August '23 Aug '23 11
  • July '23 Jul '23 17
  • June '23 Jun '23 15
  • May '23 May '23 7
  • April '23 Apr '23 17
  • March '23 Mar '23 14

Hoffman Estates, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value
  • Zip
    Median Est. Value

Hoffman Estates, IL Foreclosure Activity

There were a total of 2 Hoffman Estates, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i
2
(Feb 2024)
-60%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 4
  • December '23 Dec '23 2
  • November '23 Nov '23 5
  • October '23 Oct '23 3
  • September '23 Sep '23 1
  • August '23 Aug '23 5
  • July '23 Jul '23 3
  • June '23 Jun '23 4
  • May '23 May '23 6
  • April '23 Apr '23 9
  • March '23 Mar '23 8
Foreclosure Starts i
2
(Feb 2024)
-33.3%
year-over-year
y-o-y
  • February '24 Feb '24 2
  • January '24 Jan '24 3
  • December '23 Dec '23 1
  • November '23 Nov '23 4
  • October '23 Oct '23 2
  • September '23 Sep '23 1
  • August '23 Aug '23 1
  • July '23 Jul '23 1
  • June '23 Jun '23 4
  • May '23 May '23 5
  • April '23 Apr '23 4
  • March '23 Mar '23 6
Completed Foreclosures (REOs) i
  • February '24 Feb '24 N/A
  • January '24 Jan '24 N/A
  • December '23 Dec '23 1
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 1
  • May '23 May '23 N/A
  • April '23 Apr '23 1
  • March '23 Mar '23 1
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