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IL > Kane County > Hoffman Estates : Real Estate

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Listing provided courtesy of Midwest Real Estate Data LLC (MRED) 5865 BETTY GLOYD Dr $399,500 4 bd 3.5 ba
Reduced  - Orig. $399,500 Log In for Price History
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RE/MAX Signature
Listing provided courtesy of Midwest Real Estate Data LLC (MRED) 1077 LONGBOAT Ct $215,000 2 bd 1.5 ba
Reduced  - Orig. $215,000 Log In for Price History
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RE/MAX Cornerstone
Listing provided courtesy of Midwest Real Estate Data LLC (MRED) 6034 Delaney Dr #6034 $264,900 2 bd 2.5 ba
Reduced  - Orig. $264,900 Log In for Price History
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Royal Service Realty, Inc.
Listing provided courtesy of Midwest Real Estate Data LLC (MRED) 2145 yale Cir $259,900 2 bd 2.5 ba
Reduced  - Orig. $259,900 Log In for Price History
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Betts Realty Group, P.C
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Hoffman Estates Market Trends

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Homes for Sale Oct '09 vs. Prev. Month vs. Prev. Year
# Homes for Sale 423 0.7% 10.4%
For Sale by Owner 51 4.1% 8.9%
Median List Price $260K 1.9% 7.1%
Median List $/SqFt. $171   0% 5%
Homes Sold Oct '09 vs. Prev. Month vs. Prev. Year
# Homes Sold 39 30.4% 13.3%
Median Sold Price $207K 4.6% 26.1%
Median Sold $/SqFt. $147 1.7% 8.4%
% Sale to List 95.4% 0.4% 2.8%
New! See trends in days, not months

By the tenth of every month, Redfin publishes new charts and tables with the latest data on just-completed sales.

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Should I Wait for a Price Reduction?

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Hoffman Estates homes with price reductions
Gray bars show homes that went off market with no price reductions. Blue bars indicate one or more reductions. Learn more about this data.
Price Reductions House Condo Both
Days on Redfin 95 88 93
% Homes with Reductions 59.2% 51% 57%
# Of Reductions 1 1 1
Total % Reduction 5.4% 8.3% 6%
Based on homes sold or taken off the market between Aug 25 and Nov 23. Learn more about this data.

Cities Near Hoffman Estates

Nearby City Median List $ $/Sq. Ft. % Sale to List
Hoffman Estates $250K $172 95.4%
South Barrington $1,000K $249 -
Streamwood $180K $148 95.1%
Schaumburg $198K $179 94.7%
Inverness $692K $225 -
East Dundee $194K $120 92.5%
Barrington Hills $814K $233 -
Palatine $200K $187 95.5%
Elgin $190K $121 95.9%

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