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Single-family Foreclosures in Hoffman Est, IL

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Hoffman Est, IL Foreclosures

How much do homes sell for in Hoffman Est, IL?
The average home price is currently $1,208,643.
In Hoffman Est, IL, how many homes are available?
There are currently 2 active home listings available in Hoffman Est.
What’s the average rental cost in Hoffman Est, IL?
The average rental price in Hoffman Est is $1,979.
What is the most expensive home in Hoffman Est?
The most expensive home sold in Hoffman Est had a price of $24,644,655.
What is currently the cheapest priced home in Hoffman Est, IL?
The cheapest home for sale in Hoffman Est is priced at $133,544.

Living in Hoffman Est, IL

Hoffman Estates, IL, is a vibrant community situated just north of Chicago, offering a blend of suburban comfort and urban conveniences. With great schools, ample parks, and varied amenities, it's a desirable place for families and individuals alike. The area is actively growing and has a strong sense of community.

Current Market Conditions in Hoffman Est, IL

The real estate market in Hoffman Estates has shown consistent growth in recent months, with home prices steadily increasing. The demand for single-family homes remains strong as families seek the benefits of suburban living while still having easy access to Chicago.

Over the last year, Hoffman Estates has experienced a competitive real estate market with a decrease in inventory levels, which has driven up home prices. Properties often receive multiple offers, indicating a thriving market.

Home Value Estimator For Hoffman Est, IL

There are currently 34 real estate properties in Hoffman Est, IL, with a median automated valuation model (AVM) price of $504,804.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Hoffman Est, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Hoffman Est, IL, is $1,208,643.00, with the most expensive house in Hoffman Est, IL, topping out at $24,644,655.00 and the cheapest home in Hoffman Est, IL, clocking in at $133,544.00. In other words, there’s something for every potential homebuyer or savvy investor in Hoffman Est, IL!

Rent Prices In Hoffman Est, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Hoffman Est, IL, is on a rollercoaster ride. The average rent price in Hoffman Est, IL, is $1,979.00. Indeed, when looking to rent in Hoffman Est, IL, you can expect to pay as little as $1,060.00 or as much as $3,260.00, with the average rent median estimated to be $1,730.00. The good news is that finding an affordable and desirable property to rent in Hoffman Est, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Hoffman Est, IL Single-family Homes


Market Trend for Hoffman Est, IL

Total Listings Available: 2

Market Values:

Home Prices from $133,544 to $24,644,655

Average Sales Price: $1,208,643

Rental Values:

Rental from $1,060 to $3,260

Average Rent Value: $1,979 / month

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