Housing in Hoffman Estates, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$379,000
Median List Price
$412,500
Price Per Sq Ft
$233
Days on Market
61
Active Inventory
86
Months of Supply
2.7
Seller's market
Zillow Home Value
$379,952
ZHVI — January 2026
Zillow Rent Index
$2,016
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
15.6%
Off Market in 2 Weeks
35.7%
Sale-to-List Ratio
98.2%
Buyer's market
Market Activity
Source: RedfinHomes Sold
32
New Listings
36
Pending Sales
42
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$233
Median List $/SF
$250
Hoffman Estates vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Hoffman Estates is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$340,400
Median Rent
$1,764
Total Housing Units
19,526
Vacancy Rate
4.7%
Owner Occupied
74.2%
Renter Occupied
25.8%
Median Property Tax
$7,802
per year
Monthly Cost (w/ Mortgage)
$1,708
Housing Types
The current median sale price in Hoffman Estates, IL is $379,000 according to Redfin data. Homes spend a median of 61 days on the market. 15.6% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $233. Zillow's observed rent index is $2,016/month. About 74.2% of housing units are owner-occupied. The median year homes were built is 1976. There are 19,526 total housing units.