From October to December, 125 homes sold in Hoffman Estates for a median price of $241,000. That's 6.7 percent lower than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 4 homes in Hoffman Estates were in foreclosure.
Median property tax for homeowners in Hoffman Estates was $6,256.49 in 2017 according to tax data from that year. That means homeowners pay 2.4 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: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
124
$256,230
-
2010
90
$242,250
-5.5%
2011
96
$214,135
-11.6%
2012
180
$163,228
-23.8%
2013
204
$208,710
27.9%
2014
208
$222,070
6.4%
2015
181
$233,200
5%
2016
187
$245,175
5.1%
2017
192
$258,315
5.4%
2018
125
$241,000
-6.7%
Median property tax
Median sale price
Effective property tax rate
2009
$5,979.70
$256,230
2.3%
2010
$6,063.22
$242,250
2.5%
2011
$6,378.51
$214,135
3%
2012
$5,466.70
$163,228
3.3%
2013
$5,464.07
$208,710
2.6%
2014
$5,884.42
$222,070
2.6%
2015
$5,891.45
$233,200
2.5%
2016
$6,237.99
$245,175
2.5%
2017
$6,256.48
$258,315
2.4%
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