Housing in Hoffman Estates, IL (zip code 60192) is quite expensive compared to the US housing median value of $338,100. The median value of a home in this zip code is currently $399,500, which is significantly higher than the national average. That being said, homeowners have seen an impressive 9.73% appreciation rate over the past year, which is greater than the 8.27% appreciation rate nationwide. This suggests that investing in real estate in Hoffman Estates may be a wise decision for prospective buyers as demand and prices are on the rise.
The median home cost in Hoffman Estates (zip 60192) is $399,500. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Hoffman Estates (zip 60192) is up 12.6%.
Average Age of Homes
- The median age of Hoffman Estates (zip 60192) real estate is 32 years old
The Rental Market in Hoffman Estates (zip 60192)
- Renters make up 6.8% of the Hoffman Estates (zip 60192) population
- 0.0% of houses and apartments in Hoffman Estates (zip 60192), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.