Hoffman Estates, IL Real Estate & Property Data

Hoffman Estates Real Estate Market Trends
Last Updated: May 02, 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 670 residential properties have sold over the past year. With a median home price of $432,750 in Hoffman Estates and a total of 8 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 258
Avg. Home Age (Single Family Home) 48 Years
Avg. Square Feet (Single Family Home) 1,892
Total 2024 Residential Sales (year-to-date) 135
% 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) 14
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Hoffman Estates, IL Real Estate Overview

There were 670 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
$432,750
(Mar 2024)
+3.3%
year-over-year
y-o-y
  • March '24 Mar '24 $432,750
  • 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
Median Down Payment i
$60,000
(Mar 2024)
+51.5%
year-over-year
y-o-y
  • March '24 Mar '24 $60,000
  • 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
Number of Homes Sold i
53
(Mar 2024)
+26.2%
year-over-year
y-o-y
  • March '24 Mar '24 53
  • 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
Number of Purchase Loans i
40
(Mar 2024)
+33.3%
year-over-year
y-o-y
  • March '24 Mar '24 40
  • 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
Number of REFI Loans i
17
(Mar 2024)
+41.7%
year-over-year
y-o-y
  • March '24 Mar '24 17
  • 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
Number of HELOC Loans i
17
(Mar 2024)
+21.4%
year-over-year
y-o-y
  • March '24 Mar '24 17
  • 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

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 8 Hoffman Estates, IL properties with a foreclosure filing in March 2024. Lenders started the foreclosure process on 8 Hoffman Estates, IL properties and repossessed 1 Hoffman Estates, IL properties through completed foreclosures (REOs) in March 2024.

Total Foreclosure Filings i
8
(Mar 2024)
year-over-year
y-o-y
  • March '24 Mar '24 8
  • 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
Foreclosure Starts i
8
(Mar 2024)
+33.3%
year-over-year
y-o-y
  • March '24 Mar '24 8
  • 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
Completed Foreclosures (REOs) i
1
(Mar 2024)
year-over-year
y-o-y
  • March '24 Mar '24 1
  • 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
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