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Thursday, April 18, 2024

Hoffman Estates (Cook County) home prices rise in April 2019

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The median sale price of a home sold in April 2019 in Hoffman Estates in Cook County rose by $1,000 while total sales decreased by 16%, according to BlockShopper.com.

In April 2019, there were 63 homes sold, with a median sale price of $251,000 - a 0.4% increase over the $250,000 median sale price for the same period of the previous year. There were 75 homes sold in Hoffman Estates in April 2018.

The median sales tax in Hoffman Estates for the most recent year with available data, 2017, was $6,077, approximately 2.4% of the median home sale price for April 2019.

The following table compares Hoffman Estates to other Cook County cities with similar median sales prices in April 2019:

CityApr. 2019 Home SalesApr. 2018 Home Sales% change (Total Home Sales)Apr. 2019 Median Sales PriceApr. 2018 Median Sales Price% change (Median Sales Price)
Palatine1231184.2%$265,000$236,50012.1%
Palos Park1417-17.6%$263,000$378,000-30.4%
Elk Grove Village4153-22.6%$260,000$240,0008.3%
Riverside1214-14.3%$259,750$395,000-34.2%
Norridge1217-29.4%$253,750$270,000-6%
Hoffman Estates6375-16%$251,000$250,0000.4%
Bartlett262123.8%$250,750$222,00013%
Westchester2931-6.5%$247,000$238,0003.8%
North Riverside10825%$245,000$248,500-1.4%
Stickney48-50%$242,500$187,00029.7%
Olympia Fields9580%$236,000$185,00027.6%
* This story only considers sales data for the part of Hoffman Estates that is in Cook County.

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