From July to September, 246 homes sold in Hoffman Estates for a median price of $260,000. That's 1.2 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 19 homes in Hoffman Estates were in foreclosure.
Median property tax for homeowners in Hoffman Estates was $6,774.99 in 2017 according to tax data from that year. That means homeowners pay 2.6 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Hoffman Estates real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
172
$267,930
-
2010
123
$245,100
-8.5%
2011
131
$198,880
-18.9%
2012
169
$188,025
-5.5%
2013
270
$225,720
20%
2014
238
$233,730
3.5%
2015
269
$251,220
7.5%
2016
251
$254,625
1.4%
2017
249
$263,160
3.4%
2018
246
$260,000
-1.2%
Median property tax
Median sale price
Effective property tax rate
2009
$6,400.98
$267,930
2.4%
2010
$5,883.80
$245,100
2.4%
2011
$6,124.22
$198,880
3.1%
2012
$6,003.93
$188,025
3.2%
2013
$6,164.46
$225,720
2.7%
2014
$5,942.28
$233,730
2.5%
2015
$6,262.40
$251,220
2.5%
2016
$6,288.32
$254,625
2.5%
2017
$6,774.99
$263,160
2.6%
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