Home ValuePros

Market Intelligence · IL / Cook County

Hoffman Estates, IL home prices and housing market

2 ZIP markets liveData updated September 2026Typical value$428K1-yr changeUp6.9%

The typical home value in Hoffman Estates, IL is $428K as of September 2026, up 6.9% from a year ago, based on the Zillow Home Value Index. In the typical Hoffman Estates ZIP code, the median list price is $476K and homes spend a median of 25 days on market as of September 2026 (Realtor.com).

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The coverage

Hoffman Estates, by the numbers.

Typical home valueZillow ZHVI, September 2026
$428K
1-yr changeMedian across Hoffman Estates ZIPs
+6.9%
ZIP markets live3 tracked in Hoffman Estates
2
County
Cook County

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12-month value trend

+6.9% over 12 months

Typical home value in Hoffman Estates over the last 12 months: $400K in Sep 2025 to $428K in Sep 2026 (+6.9%).

Sep 2025$400K

Sep 2026$428K

Median Zillow home value index across Hoffman Estates's ZIP codes.

Context

The typical home value in Hoffman Estates is $427,693, up 6.9% over the past year as of September 2026. Sellers are asking a median list price of $475,888, and homes are moving at a median of 25 days on the market. Inventory is thin, with 70 homes for sale and 60 new listings hitting the market. About 17.0% of listings have taken a price cut, which suggests some sellers are starting above what buyers will pay. For a homeowner weighing a sale, values are rising and well-priced homes are still finding buyers, but pricing realistically from the start matters.

The numbers

What is the housing market like in Hoffman Estates, IL?

Typical home value

$428K

Up6.9%YoY

Median list price

$476K

Days on market

25

Homes for sale

70

Price cuts

17.0%

New listings

60

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Hoffman Estates's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Hoffman Estates, IL home prices over time

Typical home values in Hoffman Estates, IL are up 6.9% over the past year, from $400K in September 2025 to $428K in September 2026.

Typical home value in Hoffman Estates, IL, September of each year
MonthTypical value1-yr change
September 2026$427,693+6.9%
September 2025$399,984No prior year

Typical value is the median Zillow Home Value Index across Hoffman Estates ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Hoffman Estates, IL a buyer's or seller's market?

Hoffman Estates, IL leans toward a seller's market.

Homes are selling quickly and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position.

Based on a median of 25 days on market and 17% of listings with a price cut in the typical Hoffman Estates ZIP code, and 60 new listings against 70 active listings across Hoffman Estates, as of September 2026 (Realtor.com).

The outlook

Hoffman Estates housing market forecast 2027

+2.4%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 2 Hoffman Estates ZIP codes, points to typical home values rising 2.4% by September 2027.

Over the 12 months through September 2026, typical home values in Hoffman Estates rose 6.9%, per the Zillow Home Value Index.

Will home prices drop in Hoffman Estates?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Hoffman Estates shows typical home values rising 2.4% by September 2027, after a 6.9% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 2 Hoffman Estates ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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Live markets

What ZIP codes are live in Hoffman Estates?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 3 Hoffman Estates ZIP codes in total; the remaining 1 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

Local pros

Who are the top real estate agents in Hoffman Estates?

Top real estate agents in Hoffman Estates, IL

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Common questions

Questions about Hoffman Estates, IL home prices.

How much is a home in Hoffman Estates worth?

The typical home value in Hoffman Estates is $427,693 as of September 2026, up 6.9% over the past year. This is a citywide figure, so an individual home may be worth more or less.

How fast are homes selling in Hoffman Estates?

Homes in Hoffman Estates spent a median of 25 days on the market as of September 2026. There were 70 homes for sale and 60 new listings during that period.

Are sellers cutting prices in Hoffman Estates?

Yes. As of September 2026, 17.0% of listings in Hoffman Estates had a price cut. The median list price was $475,888.

Are home prices going up or down in Hoffman Estates, IL?

Typical home values in Hoffman Estates, IL are up 6.9% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Hoffman Estates, IL a buyer's or seller's market?

Hoffman Estates, IL leans toward a seller's market. Homes are selling quickly and homes for sale are scarce relative to new listings, which usually gives sellers the stronger position. Based on a median of 25 days on market and 17% of listings with a price cut in the typical Hoffman Estates ZIP code, and 60 new listings against 70 active listings across Hoffman Estates, as of September 2026 (Realtor.com).

How long do homes take to sell in Hoffman Estates, IL?

In the typical Hoffman Estates ZIP code, homes spend a median of 25 days on market as of September 2026, based on Realtor.com listing data. Pricing and condition decide how fast any one home sells, so treat the median as a benchmark rather than a promise.

Nearby markets

More Illinois housing markets.

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