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HOFFMAN, IL 62250

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The HOFFMAN, IL real estate market (62250) currently shows 1 active listings. Homes are averaging 84 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are selling faster, averaging 84 days on market compared to 140 days last year.

The median listing price has fallen 57.4% year-over-year, from $410,000 to $174,500.

Whether you are buying or selling in HOFFMAN, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 652  ·  Density: 495.5/mi²  ·  Median household income: $67,708

Typical home value: $103,417  ·  Homeownership: 90.9%

Market Overview

Active Listings
1
vs 1 last year
Pending
0
0% pending ratio
Median Price
$174,500
⇩ 57.4% vs $410,000 last year
Average Price
$174,500
⇩ 57.4% vs $410,000 last year
Days on Market
84
⇩ 40% vs 140 days last year

Price Per Square Foot

Median $/sqft
$74
⇩ 12.9% vs $85/sqft last year
Median Home Size
2,357 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Days on market: 84 now vs 140 last year

Median & Average Pricing

Year over Year
  • Median: $174,500 (-57.4% YoY)
  • Average: $174,500 (-57.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 21.7 miles — 87 listings ($17,998,668 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
62250Hoffman, IL 622500.0 mi1$179,500$179,500$179,500
62801Centralia, IL 628017.0 mi51$8,866,962$156,950$173,862
62882Sandoval, IL 6288210.2 mi5$568,335$135,000$113,667
62218Bartelso, IL 6221811.6 mi1$140,000$140,000$140,000
62893Walnut Hill, IL 6289313.6 mi3$600,000$265,000$200,000
62230Breese, IL 6223015.7 mi13$3,687,021$285,000$283,617
62253Keyesport, IL 6225316.3 mi1$519,000$519,000$519,000
62875Patoka, IL 6287516.8 mi2$228,000$114,000$114,000
62898Woodlawn, IL 6289817.1 mi5$1,897,500$300,000$379,500
62215Albers, IL 6221518.6 mi1$259,000$259,000$259,000
62216Aviston, IL 6221619.2 mi3$793,350$264,450$264,450
62892Vernon, IL 6289221.0 mi0$0$148,000$148,000
62214Addieville, IL 6221421.7 mi1$260,000$260,000$260,000

Frequently Asked Questions

How many homes are for sale in HOFFMAN, IL 62250?

As of March 2026, there are 1 active listings in HOFFMAN, IL (zip code 62250), compared to 1 the prior year.

What is the median home price in HOFFMAN, IL 62250?

The median listing price in HOFFMAN, IL 62250 is $174,500 as of March 2026, a 57.4% decrease from $410,000 the prior year.

How long do homes stay on the market in HOFFMAN, IL?

Homes in HOFFMAN, IL 62250 spend an average of 84 days on the market before going under contract, compared to 140 days the prior year.

Is it a seller's or buyer's market in HOFFMAN, IL 62250?

Based on current inventory and days-on-market data as of March 2026, HOFFMAN, IL 62250 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are selling faster, averaging 84 days on market compared to 140 days last year.

How much can I save on real estate commission in HOFFMAN, IL?

With SELL123.com's maximum 3% commission, sellers in HOFFMAN, IL 62250 save an estimated $3,490 compared to a typical 5% commission on the median listing price of $174,500. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.