Is Hoffman, IL 62250 a buyer’s or seller’s market?

3 months ending August 31, 2026 · Source: Redfin

Hoffman is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Months of supply—Under 4 months = seller’s market

Sold above original list—Share of sales, last 3 months

Median sale-to-list—Sold price ÷ list price

Median days on market—Listing to accepted offer

Median price per sq ft—

The Hoffman housing market right now

There haven’t been enough recent sales here for a detailed summary yet.

About the area

Clinton County, IL

Population	607
Median income	$66,667
Average income	$74,517
Median home value	$106,700
Median rent	$675/month
Owner-occupied	86% of homes
Median year built	1966

Natural hazard riskEarthquakes (relatively high), extreme heat (relatively high), tornadoes (relatively high)

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates (household income; home value as estimated by owners), ZIP code tabulation area 62250; hazard risk from the FEMA National Risk Index for the census tracts in this ZIP code (not endorsed by FEMA).

Run the numbers for 62250

Prefilled for 62250Can I win this house?Multiple-offer likelihood for a listing Prefilled for 62250Over-asking calculatorTypical range over list ToolOffer strength scoreHow your offer looks to a seller ToolAppraisal gapCash needed if it appraises low

Nearby markets

Albers 62215Seller’s market $127 /sq ft Aviston 62216Seller’s market $197 /sq ft Bartelso 62218Seller’s market $193 /sq ft Beckemeyer 62219Seller’s market $115 /sq ft Browse all markets →

Where Hoffman is

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Questions about Hoffman real estate

What are property taxes in Hoffman?

About 1.83% of a home’s value a year in Clinton County, or roughly $7,320 on a $400,000 home.

Local agents

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More tools for 62250

Competition score Buyer leverage Negotiation room Compare with other ZIP codes True cost to buy Property taxes Closing costs Cash buyers Backup offer odds Home value Clinton County property taxes Clinton County loan limits Closing costs in Illinois Hottest ZIP codes in Illinois

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology