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Market Watch
August 21, 2026· Updated September 6, 2026
5 min read

Hoffman Estates, IL Housing Market 2026: What Homes Actually Sell For

What homes actually sell for in Hoffman Estates: a median closing price of $400,000 across 348 closings Resideline tracked over the last six months, plus the full price spread.

Resideline Team
Hoffman Estates, IL Housing Market 2026: What Homes Actually Sell For

If you invest in or around Hoffman Estates, the number that matters is what homes actually close for, not what sellers are asking. Here is what Hoffman Estates sale prices look like right now, built from the closings Resideline tracked over the last six months, as of September 2026.

The snapshot

  • Closings tracked, last 6 months: 348
  • Median sold price, last 6 months: $400,000
  • Median sold $/sqft, last 6 months: $239
  • Middle half of sales closed between: $305,000 and $501,000

What the numbers say

Resideline tracked 348 closed sales in Hoffman Estates over the last six months, with a median closing price of $400,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $305,000 and $501,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 331 closings with usable living area, the middle half sold between $209 and $276 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Hoffman Estates, IL (September 2026)

The median home price in Hoffman Estates is $400,000, measured across the 348 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $305,000 and $501,000.

Where Hoffman Estates sale prices land

What homes actually sell for in Hoffman Estates
Closed sale prices over the last six months. Middle half of sales: $305k to $501k
Tap to enlarge
$165k to $232k: 38 sales$165k$232k to $299k: 28 sales$299k to $366k: 47 sales$299k$366k to $433k: 82 sales82sales$433k to $499k: 51 sales$433k$499k to $566k: 37 sales$566k to $633k: 21 sales$566k$633k to $700k: 15 salesMedian $400k

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Hoffman Estates over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $305,000 and $501,000. Among the 91 Illinois markets with a published band, Hoffman Estates's middle-half spread ($305,000 to $501,000) ranks 33rd from the narrowest. Where your target property sits inside that spread matters more than the citywide median. Measured as the ratio of the upper to the lower quartile, its middle-half spread ranks in the 45th percentile of the 2,187 US markets in Resideline's national Market Watch set, on data as of September 4, 2026.

Median sold price per square foot
Hoffman Estates monthly medians for the complete months inside the last six months, Apr 2026 to Aug 2026, among qualifying closings with usable living area. 5 months plotted.
Tap to enlarge
Apr 2026: $245 per square foot across 61 sales$245AprMay 2026: $237 per square foot across 68 sales$237MayJun 2026: $248 per square foot across 52 sales$248JunJul 2026: $249 per square foot across 55 sales$249JulAug 2026: $234 per square foot across 57 sales$234Aug

How long a sale takes here

  • Listed to under contract: a median of 27 days, across 113 Hoffman Estates closings Resideline tracked in the last six months
  • Contract to closing: a median of 14 days, across 52 Hoffman Estates closings Resideline tracked in the last six months
Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 348 closings above: a sale is counted here only when we hold both of its dates.

The Hoffman Estates angle

Ordinary width, healthy volume: that pairing describes Hoffman Estates, where the spread from $305,000 to $501,000 is about typical for the markets we track and 348 closings is a solid sample. The typical band is the part people underestimate. A middle half that looks unremarkable still puts real distance between $305,000 and $501,000, and the sales above and below it extend the market further in both directions. So $400,000 describes the city, not the house. The solid record is what makes the alternative routine rather than aspirational. Filter on property type, hold a size window, account for condition, and price the subject from the closings that survive. Check the answer against the band afterwards, not before.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Hoffman Estates address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

code
Source: Resideline Market Watch
Market: Hoffman Estates, IL
Geography: incorporated municipality, Census place 1735411
Data updated: September 2026
Analysis period: last six months
Tracked closings: 348
Median sold price: $400,000
Median sold $/sqft: $239 (331 qualifying)
https://resideline.com/blog/hoffman-estates-il-housing-market

Writing about this market? Paste this into your post:

code
<a href="https://resideline.com/blog/hoffman-estates-il-housing-market">
  <img src="https://resideline.com/images/embed/hoffman-estates-il.png" alt="Hoffman Estates, IL home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/hoffman-estates-il-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Hoffman Estates over the last six months, and is refreshed when the data is. The closings we track within the Hoffman Estates city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 23% of the 348 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $415,000.

Frequently Asked Questions

What is the median home price in Hoffman Estates?

The median sold price in Hoffman Estates over the last 6 months is $400,000, measured across 348 closings Resideline tracked.

How many homes sold in Hoffman Estates last month?

Resideline tracked 69 closed sales in Hoffman Estates in August 2026, out of 348 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.

What is the typical sale price range in Hoffman Estates?

The middle half of Hoffman Estates sales over the last six months closed between $305,000 and $501,000, with a median of $400,000.

What is the typical price per square foot in Hoffman Estates?

Among qualifying Hoffman Estates closings Resideline tracked over the last six months, the median sold price per square foot was $239, measured across 331 sales with usable living area. Median is used rather than average because outliers distort the mean.

In what order should I work through market data for a specific address?

Start with the property, not the city. Establish property type, size and condition for the subject, then pull recent closings that match those, then form a number. Only after that should you look at where the figure sits relative to $305,000, $400,000 and $501,000, and even then the band is a plausibility check rather than a correction. Working in the reverse order anchors you on a citywide summary and turns the rest of the process into an argument for a number you already picked.

What could a property in Hoffman Estates be worth?

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