Buffalo Grove, IL Home Values & Market Trends
Real estate market trends reflect that there have been 683 transactions over the past year in Buffalo Grove. The median value for residential home transactions that occurred over the previous year is $480,601. The number of current listings in Buffalo Grove is 439, and the percentage of properties for sale in the city is 439.00%. Buffalo Grove, IL currently has 31 properties in foreclosure, 3 bank owned properties, 2 properties headed for auction, and 439 properties for sale.
Buffalo Grove, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60089 | $ 480,601 $ 255/sqft |
Housing Market Summary for Buffalo Grove, IL
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $444.9K | $439.4K | -1.22% |
| Median Sold Price | $443.1K | $422.7K | -4.61% |
| Homes For Sale | 287 | 444 | 54.70% |
| Homes Sold | 289 | 346 | 19.72% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Buffalo Grove, IL
Browse Homes in Buffalo Grove, IL
Buffalo Grove home values range from $80,391 to $1,248,274. The median estimated value of a home in Buffalo Grove is $480,601. The median list price of a home is 434,700, and the total count of properties in the city is 838.
- Pre-ForeclosurePre-foreclosure homes account for 3.10% of all residential properties in Buffalo Grove, IL with 60089 containing 26 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Buffalo Grove, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $966,691 in 60089 to the lowest home value of $198,504 in 60089.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Buffalo Grove, IL ranges from the highest value of $466,178 in 60089 to the lowest value of $273,105 in 60089. Bank owned homes and properties account for 0.36% of properties in Buffalo Grove, IL. There is 1 zips within Buffalo Grove, IL; 60089 containing 3 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60089 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of Buffalo Grove, IL. Auction homes and other auction properties account for 0.24% of all properties in Buffalo Grove, IL. There is 1 zips within Buffalo Grove, IL; of that zips, the median estimated home value for homes going to auction ranges from $507,557 in 60089 to the lowest value of $427,210 in 60089.
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Guide for Buffalo Grove, IL
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.
