Hoffman Estates, IL Housing Statistics

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55%

Med. Home Val. NAT. AVG.

49%

Rent NAT. AVG.

14%

Owner Occ. NAT. AVG.

Hoffman Estates Housing Information

Index	Hoffman Estates	Illinois	National
Median home price	$286,600	$174,800	$184,700
Median rent asked	$1,417	$925	$949
Avg. people per household	2.7	2.6	2.6
Owner occupied households	72.3%	66.0%	63.6%
Renter occupied households	27.7%	34.0%	36.4%

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Housing Quick Facts

The median home price in Hoffman Estates is 55% higher than the national average.
The median rent asked in Hoffman Estates is 49% higher than the national average.
The average number of people per household in Hoffman Estates is 5% higher than the national average.
The number of owner occupied households in Hoffman Estates is 14% higher than the national average.
The number of renter occupied households in Hoffman Estates is 24% lower than the national average.

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Nearby cities with low home prices

	Population	Home Price	National Avg.
Bellwood, IL	18,799	$161,600	13%
Stone Park, IL	4,842	$174,400	6%
Berkeley, IL	5,079	$175,900	5%
Carpentersville, IL	37,618	$176,800	4%
Island Lake, IL	8,112	$184,900	0%
Hoffman Estates, IL	50,464	$286,600	55%

Cities with similar population

	Population	Home Price	National Avg.
Country Club, FL	50,436	$257,500	39%
Methuen Town, MA	50,518	$350,200	90%
Aliso Viejo, CA	50,385	$656,600	255%
Maricopa, AZ	50,358	$217,400	18%
Joplin, MO	50,580	$125,400	32%
Hoffman Estates, IL	50,464	$286,600	55%

Source: The Hoffman Estates, IL housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).