Hoffman Estates, IL Housing Market Trends

Market Overview for Q3 2026

$405K 6.6% Y-o-Y $25K Y-o-Y
$267 7.7% Y-o-Y $19 Y-o-Y
138 -12.7% Y-o-Y -20 Y-o-Y
$370K 17% Y-o-Y $54K Y-o-Y
Hoffman Estates, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $296,000 $330,000 $330,000 $275,000
2023 $306,000 $354,000 $340,000 $328,000
2024 $345,000 $360,000 $375,000 $349,000
2025 $358,000 $408,000 $380,000 $373,000
2026 $378,000 $400,000 $405,000
Hoffman Estates, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $186 $209 $208 $189
2023 $205 $222 $221 $216
2024 $220 $238 $237 $239
2025 $250 $261 $248 $252
2026 $256 $258 $267
Real Estate Transactions in Hoffman Estates, IL
Year Q1 Q2 Q3 Q4
2022 166 238 146 78
2023 77 141 183 135
2024 120 173 167 126
2025 93 163 158 85
2026 120 155 138
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000
Hoffman Estates, IL Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $296,000 $330,000 $330,000 $275,000
2023 $306,000 $354,000 $340,000 $328,000
2024 $345,000 $360,000 $375,000 $349,000
2025 $358,000 $408,000 $380,000 $373,000
2026 $378,000 $400,000 $405,000
Hoffman Estates, IL Median Sale Price/Sq. Ft.
Year Q1 Q2 Q3 Q4
2022 $186 $209 $208 $189
2023 $205 $222 $221 $216
2024 $220 $238 $237 $239
2025 $250 $261 $248 $252
2026 $256 $258 $267
Real Estate Transactions in Hoffman Estates, IL
Year Q1 Q2 Q3 Q4
2022 166 238 146 78
2023 77 141 183 135
2024 120 173 167 126
2025 93 163 158 85
2026 120 155 138
Cook County Median Sale Price
Year Q1 Q2 Q3 Q4
2022 $275,000 $300,000 $280,000 0
2023 $267,000 $300,000 $300,000 $280,000
2024 $290,000 $325,000 $320,000 $305,000
2025 $312,000 $340,000 $330,000 $330,000
2026 $325,000 $360,000 $358,000

Housing Market Trends by Property Type

Property Type
Median Sale Price
Median Sale Price (Y-o-Y)
Median Sale Price/Sq. Ft.
Median Sale Price/Sq. Ft. (Y-o-Y)
No. of Transactions
Condos
$210K
1.9%
-
-
25
Other Residential
$500K
10.9%
$285
11.3%
92

Hoffman Estates, IL Housing Stock

Property Type
Units
Condo
3,061
Townhouse
2,162
Other
10,262

Cook County: Demographics

Total population
51,175
Median age
39.2
No high school education
3.8%
Some high school/college
26.2%
Bachelor's degree
29.6%
Average household income
$133,257
Occupied housing units
18,537
Owner-occupied units
74.2%
Renter-occupied units
25.8%
Median year structure built
1976

Discover Housing Market Trends in Other Cities

#
City
Median Sale Price
1
Winnetka
$1.4M
2
Wilmette
$983K
3
Western Springs
$900K
4
Barrington
$780K
5
Glenview
$744K
6
Northbrook
$730K
7
Lemont
$725K
8
River Forest
$643K
9
Park Ridge
$598K
10
LA Grange
$529K
12
Evanston
$480K
13
Morton Grove
$463K
14
Oak Park
$450K
15
Mount Prospect
$438K
16
Skokie
$430K
17
Riverside
$430K
18
Harwood Heights
$424K
19
Orland Park
$412K
20
Niles
$400K
21
Rolling Meadows
$395K
23
Palatine
$386K
24
Palos Heights
$379K
25
Prospect Heights
$378K
26
Westchester
$375K
27
Brookfield
$364K
28
Chicago
$360K
29
Forest Park
$360K
30
Melrose Park
$350K
31
Elmwood Park
$350K
32
Streamwood
$348K
33
Des Plaines
$340K
34
Schaumburg
$336K
35
Berwyn
$335K
36
Elgin
$327K
37
Wheeling
$326K
38
Oak Forest
$317K
39
Oak Lawn
$310K
40
Burbank
$309K
41
Tinley Park
$305K
42
Cicero
$281K
43
Midlothian
$275K
44
Alsip
$269K
45
Palos Hills
$255K
46
Matteson
$250K
48
Homewood
$235K
49
South Holland
$223K
50
Chicago Heights
$208K
51
Lansing
$202K
52
Park Forest
$165K
53
Calumet City
$150K