From January to March, 142 homes sold in Hoffman Estates for a median price of $236,000. That's 4.7 percent higher than median home sale prices for the first quarter of 2017.
In the first quarter, 16 homes in Hoffman Estates were in foreclosure.
Median property tax for homeowners in Hoffman Estates was $5,967.69 in 2016 according to tax data from that year. That means homeowners pay 3 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.22 percent, according to a recent analysis by ATTOM Data Solutions, which is the second-highest rate in the country, just behind New Jersey, where homeowners pay a tax rate of 2.28 percent.
Hoffman Estates real estate: Q1 2009-2018
Properties sold
Median sale price
Change in sale price
2009
59
$269,100
-
2010
70
$242,250
-10%
2011
88
$186,450
-23%
2012
108
$177,398
-4.9%
2013
162
$167,400
-5.6%
2014
126
$200,075
19.5%
2015
136
$207,230
3.6%
2016
154
$199,763
-3.6%
2017
144
$225,420
12.8%
2018
142
$236,000
4.7%
Median property tax
Median sale price
Effective property tax rate
2009
$6,846.74
$269,100
2.5%
2010
$5,994.25
$242,250
2.5%
2011
$5,799.57
$186,450
3.1%
2012
$5,797.57
$177,398
3.3%
2013
$5,347.46
$167,400
3.2%
2014
$5,539.22
$200,075
2.8%
2015
$5,793.41
$207,230
2.8%
2016
$5,967.69
$199,763
3%