Comprehensive market data and analysis• Updated Dec 2025
6.0 months of supply
Market conditions are relatively balanced between buyers and sellers.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 3 | 5 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 1 | 3 | 5 |
Acreage buckets
The median price for land in Hoffman Estates, Illinois is currently $359K per acre. For a typical parcel, the median sale price is $165K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $115K while premium lots reached $168K.
Hoffman Estates, Illinois is currently a balanced market with 6.0 months of supply. Conditions favor neither buyers nor sellers significantly.
Hoffman Estates, Illinois currently has 6.0 months of inventory supply. This indicates a balanced market. Low supply means competition for available properties is high.
The median land price in Hoffman Estates, Illinois stands at $165K. This translates to roughly $359K per acre for the typical parcel size. The average price is $146K, showing a fairly consistent market.
The 3-month absorption rate in Hoffman Estates, Illinois is 16.7%. The 12-month rate is 20.8%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
Land in Hoffman Estates, Illinois averages $308K per acre. The median price per acre is $359K, which may be more representative of typical transactions. Most parcels sold are around 20,038 sq ft.
Over the past 12 months, Hoffman Estates, Illinois saw 5 properties sold, totaling $730K in sales volume. In just the last 3 months, 1 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
