Housing Prices in Hoffman, IL

How much do homes in Hoffman, IL cost?

Median List Price

$110,000

$73/sqft

Based on all homes listed in the last 12 months.

Difference Since March 2023

-$31,450(-22.2%)

Key Takeaway

The list price of homes in Hoffman has decreased by 22.2% since last year.

Summary: The median home list price in Hoffman was $110,000 in March 2024, down 22.2% from the previous year, and the median price per square foot was $73.

Median List Price By Bedroom Count

# BEDSMar 2023Mar 2024CHANGE
1 --
N/A
2 $37.9K$100K
+163.9%
3 $149.9K$135K
-9.9%
4 -$110K
N/A
5+ --
N/A

Summary: Hoffman housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 163.9%, 3 bedroom homes decreased by 9.9%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Median List Price Compared To Nearby Cities

Centralia
+5.3%
Brookside Township
-15.6%
Lake Township
-18.3%
Hoffman
-22.2%

Housing Supply in Hoffman, IL

How many homes are available in Hoffman, IL?

Number of Homes For Sale

Feb 2024Mar 2024CHANGE
12+100.0%

Summary: The Hoffman real estate market had 2 homes for sale in March 2024, a 100.0% increase compared to February 2024.

Homes For Sale By Bedroom Count

# BEDSFeb 2024Mar 2024CHANGE
1 00
0.0%
2 00
0.0%
3 11
0.0%
4 01
+100.0%
5+ 00
0.0%

Summary: The Hoffman housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 100%, and 5+ bedroom homes remained the same.

Days on Market for Hoffman, IL

How long does it take to sell a home in Hoffman, IL?

Average Listing Age

Mar 2023Mar 2024CHANGE
93 Days48 Days-47.8%

Summary: Homes in Hoffman had an average listing age of 48 days in Mar 2024, down by 47.8% compared to the previous year.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 19 Days Ago

Newest Listings in Hoffman, IL

Nearby Markets to Hoffman, IL

What housing markets are near Hoffman, IL?