From April through June of 2019, there were 219 homes sold, with a median sale price of $258,500 - a 2.5% decrease over the $265,000 median sale price for the same period of the previous year. There were 257 homes sold in Hoffman Estates in the second quarter of 2018.
The median sales tax in Hoffman Estates for the most recent year with available data, 2018, was $6,145, approximately 2.4% of the median home sale price for the second quarter of 2019.
The following table compares Hoffman Estates to other Cook County cities with similar median sales prices in the second quarter of 2019:
City | Apr. - June 2019 Home Sales | Apr. - June 2018 Home Sales | % change (Total Home Sales) | Apr. - June 2019 Median Sales Price | Apr. - June 2018 Median Sales Price | % change (Median Sales Price) |
---|---|---|---|---|---|---|
Palatine | 376 | 465 | -19.1% | $265,000 | $275,000 | -3.6% |
Orland Park | 304 | 351 | -13.4% | $260,000 | $262,000 | -0.8% |
Brookfield | 101 | 113 | -10.6% | $260,000 | $244,000 | 6.6% |
Prospect Heights | 67 | 57 | 17.5% | $260,000 | $240,000 | 8.3% |
Willow Springs | 29 | 37 | -21.6% | $259,000 | $319,000 | -18.8% |
Hoffman Estates | 219 | 257 | -14.8% | $258,500 | $265,000 | -2.5% |
Elmwood Park | 90 | 101 | -10.9% | $255,000 | $277,500 | -8.1% |
Bartlett | 93 | 108 | -13.9% | $255,000 | $237,500 | 7.4% |
Westchester | 94 | 112 | -16.1% | $248,500 | $244,000 | 1.8% |
Forest Park | 95 | 98 | -3.1% | $248,000 | $218,500 | 13.5% |
Elk Grove Village | 151 | 158 | -4.4% | $245,000 | $258,500 | -5.2% |