Hoffman Estates, IL Real Estate Market Summary – September 7, 2026
In Hoffman Estates, IL, the overall market has seen 70 homes sold in the last 30 days, averaging 2.33 homes sold per day. The average living area of these homes is approximately 7,114 square feet, with a median sale price of $378,125.
| Metric | 30 Days |
|---|---|
| Number Sold | 70 |
| Sold Per Day | 2.33 |
| Average SQFT | 7114 |
| Median Sales Price | $378,125 |
| Average Sales Price | $550,994 |
| Average Price Per SQFT | $216 |
| Average Days on Market | 16 |
| Average Year Built | 1985 |
Hoffman Estates, IL Single Family Home Analysis
For single-family homes, 41 have changed hands recently, with an average sale price of $716,803 and a median of $478,885. These homes average about 2,076 square feet in living area and were typically on the market for around 17 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 41 |
| Sold Per Day | 1.37 |
| Average SQFT | 2076 |
| Median Sales Price | $478,885 |
| Average Sales Price | $716,803 |
| Average Price Per SQFT | $234 |
| Average Days on Market | 17 |
| Average Year Built | 1979 |
Hoffman Estates, IL Condo & Townhome Analysis
The condo and townhome segment experienced 29 sales, with an average sale price of $316,574 and a median of $346,900. These properties average a living area of 1,750 square feet and had an average market duration of 12 days before being sold.
| Metric | 30 Days |
|---|---|
| Number Sold | 29 |
| Sold Per Day | 1 every 1.03 days |
| Average SQFT | 14577 |
| Median Sales Price | $346,900 |
| Average Sales Price | $316,574 |
| Average Price Per SQFT | $188 |
| Average Days on Market | 14 |
| Average Year Built | 1994 |
Buyer & Seller Analysis
- Average of 2.33 homes sold per day in the entire market.
- Single-family homes had an average of 16 days on the market.
- The median sale price for homes overall is $378,125.
- Condo prices average around $316,574.
Conclusion
The real estate market in Hoffman Estates remains active with steady sales across different property types. As always, potential buyers should stay informed about market trends and property availability.