Property prices for sale in Hoffman Estates (Illinois)

The prices in real estate in Hoffman Estates, in the Illinois region have remained the same in the last couple of months. The real estate prices for second hand homes have remained in this city.

$315,177.5
Average price last 6 months
$156.5
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Hoffman Estates has remained the same in the last 6 months. In December, the average price per sq.feet was $156. In January this price pretty much remained the same at a value of $152 per sq.feet. In the following two months the price per sq.feet has barely changed, going from $154 to $157 per sq.feet. The price per sq.feet has barely changed in the last two months compared to the average price of the previous four months going from an average price of $155.5 to $158.5 during April y May

Average price

Based upon to the price in Hoffman Estates (cities), these have remained the same in the last 6 months. The price in December is $305,122, rising in January till $326,280. In the following two months the average price has remained the same with regard to the previous two months from $315,701 to $321,706. During the last two months, the average price has pretty much remained the same with regard to the previous average values going from an average value of $318,703.5 and $308,125.5 between April and May.

Average price per bedrooms

The graph displaying the average price for bedrooms illustrates that those properties with 1 bedroom are the cheapest ones. At a price of $315,037 they are 67 % more affordable than the average price for Hoffman Estates. The properties with the highest average price have 4 bedrooms, Their price is 14 % more costly than the average. After that we have properties with 3 bedrooms priced at $283,642.

With regard to the average price per sq.feet , those properties with 1 bedroom are the cheapest ones at a cost of $123 / sq.feet, with an average $165 / sq.feet price in Hoffman Estates. The properties with the lowest average prices have 3 bedrooms. They are 0 % cheaper than the average followed by properties with 4 bedrooms with a price at $151 / sq.feet.

Price per property type

The graph displaying the average prices displays the property type "Condo" as the most affordable one. At an cost of $315,037 it is 66 % cheaper than the average price in Hoffman Estates. "Townhouse" is seen as the second most affordable property type. The dearest property type is "House" followed by "Farm". At a price of $317,184 it is 10 % more expensive than the average price.

According to the average cost per sq.feet, the cheapest property type is "Condo" at an average cost of $111 / sq.feet followed by "Townhouse" priced at $125 / sq.feet. "House" is the cheapest type of property with a $154 / sq.feet value followed by "Farm" with an average price of $143 / sq.feet.

Charts data
Average price May
Average price per sq.feet May
Number of properties used in Hoffman Estates
Number of properties used in region Illinois
$315,037
$165
1,650
375,442
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value