All Home Types
Hoffman Estates, IL Housing Market
What is the housing market like in Hoffman Estates today?
In October 2024, Hoffman Estates home prices were up 1.5% compared to last year, selling for a median price of $381K. On average, homes in Hoffman Estates sell after 48 days on the market compared to 59 days last year. There were 45 homes sold in October this year, down from 49 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$380,500
+1.5% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Hoffman Estates, IL
$380,500
+1.5%
United States
Work with the best agents in Hoffman Estates
Redfin agents are among the most experienced in the industry, so we know how to help you win in today's market.
Hoffman Estates Migration & Relocation Trends
In Sep '24 - Nov '24, 14% of Hoffman Estates homebuyers searched to move out of Hoffman Estates, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Hoffman Estates from outside metros.
- New York homebuyers searched to move into Hoffman Estates more than any other metro followed by Peoria and St. Louis.
Where are people moving to Hoffman Estates from?
- 86% of Hoffman Estates homebuyers searched to stay within the Hoffman Estates metropolitan area.
- Cape Coral was the most popular destination among Hoffman Estates homebuyers followed by Milwaukee and South Bend.
Where are people from Hoffman Estates moving to?
Number of People Moving to Hoffman Estates
least
most
People are moving to Hoffman Estates from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,027 | ||
| 2 | 1,058 | ||
| 3 | 865 | ||
| 4 | 636 | ||
| 5 | 626 | ||
| 6 | 501 | ||
| 7 | 397 | ||
| 8 | 334 | ||
| 9 | 196 | ||
| 10 | 192 | ||
People are leaving Hoffman Estates for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,343 | ||
| 2 | 1,227 | ||
| 3 | 1,217 | ||
| 4 | 973 | ||
| 5 | 834 | ||
| 6 | 664 | ||
| 7 | 608 | ||
| 8 | 603 | ||
| 9 | 599 | ||
| 10 | 593 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Transportation in Hoffman Estates
Learn about the walkability, bikeability, and transit-friendliness of Hoffman Estates
Car-Dependent
Walk Score®
Bikeable
Bike Score®
About us
Find us
Subsidiaries
United States
CanadaCopyright: © 2024 Redfin. All rights reserved.
Updated January 2023: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, TITLE FORWARD, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.