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  4. /Hoffman, IL - 62250

Hoffman, IL—62250

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$137,000
N/A
Household Income
$70,300
65.0% YoY Growth
Days on Market
78
46.0% Shorter YoY
Home Price Forecast
1.7%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Hoffman, IL

Hoffman, IL lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$137,000N/A
Single Family $137,000-4.9%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A

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  • Affordability
  • Rentals and Section 8
    • 2 Bed
    N/A
    N/A
    3 Bed
    		N/AN/A
    4 Bed
    		N/AN/A
    5 Bed N/AN/A
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    % of Housing Stock

    1 Bedroom
    3.2%
    2 Bedrooms
    31.8%
    3 Bedrooms
    37.3%
    4 Bedrooms
    20.5%
    5+ Bedrooms
    7.3%

    Rental Trends — Hoffman, IL

    Hoffman, IL lacks sufficient rental market data for analysis.

    TypeMedian RentAverage Rent
    Average RentN/AN/A
    Studio Rent N/AN/A
    1 Bed Rent N/AN/A
    2 Bed Rent N/AN/A
    3 Bed Rent N/AN/A
    4 Bed Rent N/AN/A
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    % of Rental Stock

    1 Bedroom
    5.6%
    2 Bedrooms
    77.8%
    3 Bedrooms
    16.7%

    Property Listings — Hoffman, IL

    As of May '26, Realtor.com reports that the median days on market for a home in Hoffman, IL is 78. This is a decrease of -46.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$173,000-57.0%
    Listing Count
    		267.0%
    Listings as % of Homes0.5%67.0%
    Days on Market
    		78-46.0%
    Loading chart...

    Demographics — Hoffman, IL

    As of the latest ACS Survey released in 2023, Hoffman, IL has a population of 627, which has increased by 36.0% over the past 5 years. Hoffman, IL is a popular place for families, as children make up 30.9% of the population. The area has a poorly educated workforce, with 8.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 1.2% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		62736.0%
    % Under 18
    		30.9%35.5%
    % Seniors
    		13.2%-40.3%
    % WFH
    		1.2%20.0%
    % w/ College Degree
    		8.8%-40.1%
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    As of the latest ACS Survey released in 2023, Hoffman, IL is a predominantly white area, with 97.0% of the population identifying as white. The white population has grown by 2.1% in the last 5 years. The second most common race or ethnicity in Hoffman, IL is black, making up 0.0% of the population. Foreign-born residents account for 0.8% of the population in Hoffman, IL, and this percentage has increased by Inf% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		97.0%2.1%
    % Black
    		0.0%N/A
    % Hispanic
    		0.0%-100.0%
    % Asian
    		0.0%N/A
    % Foreign Born
    		0.8%∞%
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    Mortgage and Risk — Hoffman, IL

    Hoffman, IL lacks sufficient mortgage origination data for analysis.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		N/A
    % Conventional Loans
    		N/A
    % Government Loans
    		N/A
    % Investor Loans
    		N/A
    % Second Loans
    		N/A
    % Cash Out Refinance
    		N/A
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    Rentals and Section 8 — Hoffman, IL

    Hoffman, IL lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		N/A
    Total Units Section 8
    		N/A
    % Rentals under Section 8
    		N/A
    % Occupied Section 8
    		N/A

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 BedroomN/AN/A$880
    2 BedroomN/AN/A$1,090
    3 BedroomN/AN/A$1,410
    4 BedroomN/AN/A$1,640

    Affordability — Hoffman, IL

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio1.9
    Median Home Price$137,000
    Median Household Income$70,300

    Hoffman, IL — ZIP Code Boundary Map

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    Frequently Asked Questions