Hoffman Estates, IL Home Values & Market Trends
Real estate market trends reflect that there have been 715 transactions over the past year in Hoffman Estates. The median value for residential home transactions that occurred over the previous year is $424,127. The number of current listings in Hoffman Estates is 495, and the percentage of properties for sale in the city is 495.00%. Hoffman Estates, IL currently has 57 properties in foreclosure, 2 bank owned properties, 6 properties headed for auction, and 495 properties for sale.
Hoffman Estates, IL Real Estate Market Overview
Housing Market Summary for Hoffman Estates, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $400K | $400K | - |
| Median Sold Price | $420.4K | $408.3K | -2.88% |
| Homes For Sale | 316 | 481 | 52.22% |
| Homes Sold | 351 | 373 | 6.27% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Hoffman Estates, IL
Browse Homes in Hoffman Estates, IL
Hoffman Estates home values range from $107,331 to $1,002,148. The median estimated value of a home in Hoffman Estates is $424,127. The median list price of a home is 399,995, and the total count of properties in the city is 961.
- Pre-ForeclosurePre-foreclosure homes account for 5.10% of all residential properties in Hoffman Estates, IL with 60169 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 3 zips within Hoffman Estates, IL; of those zips, the estimated home value for pre-foreclosure homes ranges from $569,222 in 60192 to the lowest home value of $154,411 in 60169.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Hoffman Estates, IL ranges from the highest value of $600,000 in 60192 to the lowest value of $598,740 in 60192. Bank owned homes and properties account for 0.21% of properties in Hoffman Estates, IL. There are 3 zips within Hoffman Estates, IL; 60192 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60169 has 4 auction properties, the highest number of properties going to auction in a single zip in the state of Hoffman Estates, IL. Auction homes and other auction properties account for 0.62% of all properties in Hoffman Estates, IL. There are 3 zips within Hoffman Estates, IL; of those zips, the median estimated home value for homes going to auction ranges from $298,263 in 60192 to the lowest value of $151,166 in 60192.
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Guide for Hoffman Estates, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
