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Wednesday, November 27, 2024

Hoffman Estates (Cook County) home prices fall in June 2019

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The median sale price of a home sold in June 2019 in Hoffman Estates in Cook County fell by $3,000 while total sales decreased by 17.3%, according to BlockShopper.com.

In June 2019, there were 81 homes sold, with a median sale price of $262,000 - a 1.1% decrease over the $265,000 median sale price for the same period of the previous year. There were 98 homes sold in Hoffman Estates in June 2018.

The median sales tax in Hoffman Estates for the most recent year with available data, 2018, was $6,145, approximately 2.3% of the median home sale price for June 2019.

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

CityJune 2019 Home SalesJune 2018 Home Sales% change (Total Home Sales)June 2019 Median Sales PriceJune 2018 Median Sales Price% change (Median Sales Price)
Flossmoor1927-29.6%$270,000$204,50032%
Niles3649-26.5%$267,250$299,000-10.6%
Bartlett3750-26%$265,000$267,000-0.7%
North Riverside711-36.4%$265,000$231,00014.7%
Lincolnwood1420-30%$264,000$305,500-13.6%
Hoffman Estates8198-17.3%$262,000$265,000-1.1%
Forest Park3135-11.4%$260,000$225,00015.6%
Mission Hills Estates12-50%$260,000$340,000-23.5%
Palos Heights3439-12.8%$257,500$289,500-11.1%
Elmwood Park3538-7.9%$255,000$279,750-8.8%
Prospect Heights252119%$253,500$250,0001.4%
* This story only considers sales data for the part of Hoffman Estates that is in Cook County.

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