Buffalo Grove, Illinois, is a vibrant suburban village located about 30 miles northwest of Chicago in both Lake and Cook Counties. With a population of approximately 43,000, it offers a family-friendly atmosphere, top-rated schools, and a strong sense of community. Known for its well-planned neighborhoods and extensive park system, including over 50 parks and recreational facilities like the Buffalo Creek Forest Preserve, the village is ideal for outdoor activities. Buffalo Grove’s diverse economy, with a mix of corporate headquarters and local businesses, supports a bustling retail scene along Dundee Road and Milwaukee Avenue. The community hosts popular events like the Buffalo Grove Days festival, fostering local pride and connection. Its proximity to Chicago and excellent transportation options make it a desirable location for commuters and families seeking suburban charm with urban access.
Buffalo Grove currently has 45 single family homes for sale with an average list price of $576,891.11, 21 townhouses for sale with an average list price of $454,257.14, 39 condos for sale with an average list price of $290,858.95, and 2 lots for sale with an average list price of $167,500. The average annual property tax for Buffalo Grove is $8,912.81.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Buffalo Grove, i.e. what's hot and what's not.
See What's Hot & What's Not in Buffalo GroveView recent sales in Buffalo Grove
| Station | Line(s) | Address | ||
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| Buffalo Grove | Line(s): North Central Service (NCS) | 825 Commerce Ct., Buffalo Grove | View Commute | |
| Prairie View | Line(s): North Central Service (NCS) | 2701 Main St., Buffalo Grove | View Commute |
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| Subdivisions/Buildings | Median Price | |
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AmberleighAmberleigh is a single-family home community in Buffalo Grove, Illinois, built between 1989 and 1990 by Hoffman Homes. It currently has no homes for sale. The homes range in size from 2,547 ft2 to 3,865 ft2. The average annual property tax for Amberleigh is $16,422.97. It is located in Lake County. Amberleigh is a single family home neighborhood built in the late 1980s and early 1990s by Hoffman Homes. Amberleigh features five floor plans from 2,354 to 3,103 square feet in living space. Amberleigh is located in Buffalo Grove, Illinois on Weiland north of Lake Cook Road. ... Read more |
Median Price: $635,000 |
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ArborsArbors is a condo building in Buffalo Grove, Illinois, built between 1974 and 1979. It currently has 6 condos for sale with an average list price of $214,100. The homes range in size from 634 ft2 to 1,300 ft2. The HOA fees range from $205 to $547 per month. The average annual property tax for Arbors is $2,773.29. It is located in Cook County. The Arbors is a condo community built in the late 1970s. Arbors is located in Buffalo Grove, Illinois. The Arbors is north of Dundee Road and west of Buffalo Grove Road. ... Read more |
Median Price: $150,000 |
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Astor PlaceAstor Place is a single-family home community in Buffalo Grove, Illinois, built between 1984 and 1989 by Hoffman Homes. It currently has no homes for sale. The homes range in size from 2,856 ft2 to 3,552 ft2. The average annual property tax for Astor Place is $12,912.94. It is located in Lake County. Astor Place is a single family home neighborhood built in the 1980's by Hoffman Homes. Astor Place consists of 275 homes with floor plans ranging from 1,636 to 2,812 square feet. Astor Place is located just South of Deerfield Parkway and West off of Weiland Road in Buffalo Grove, Illinois. ... Read more |
Median Price: $637,000 |
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BallantraeBallantrae is a single-family home community in Buffalo Grove, Illinois, built between 1966 and 1971. It currently has no homes for sale. The homes range in size from 1,297 ft2 to 2,257 ft2. The average annual property tax for Ballantrae is $7,911.99. It is located in Cook County. Ballantrae is a single family home neighborhood built in the late 1960s and early 1970s. Ballantrae is located in Buffalo Grove, Illinois on Arlington Heights Road north of Dundee. ... Read more |
Median Price: $473,775 |
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Bentley PlaceBentley Place is a townhouse community in Buffalo Grove, Illinois, built between 1989 and 1991. It currently has no homes for sale. The HOA fees range from $350 to $375 per month. The average annual property tax for Bentley Place is $9,648.35. It is located in Lake County. Bentley Place is a townhome community built in the early 1990s. Bentley Place is located in Buffalo Grove, Illinois on Weiland north of Lake Cook Road. ... Read more |
Median Price: $379,000 |
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Buffalo Grove home sales for the month of March decreased in volume by 25% when compared to last year, while the median sale price decreased by 5.4% from $406,500 to $384,500. House sales decreased by 25%, while the median sale price decreased by 8.2% from $530,000 to $486,337.50. Condo sales decreased by 20%, while the median sale price rose by 28.4% from $201,500 to $258,750. Townhouse sales decreased by 33.3%, while the median sale price decreased by 1.8% from $415,000 to $407,500.
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566
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589
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502
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| 2022 | 2023 | 2024 | 2025 |
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$362,000
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$370,000
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$400,000
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$415,000
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| 2022 | 2023 | 2024 | 2025 |
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View market trends in Buffalo Grove
View parks in Buffalo Grove
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New Homes with Master Bedrooms on the 1st Floor in Buffalo Grove: March 21st to March 27th - March 28, 2026Buffalo Grove had 6 new homes for sale with a master bedroom on the first floor during the month of Saturday, March 21 to Friday, March 27, including 1 ... continue reading |
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New Homes For Sale This Week in Buffalo Grove: March 20th to March 26th - March 27, 2026Buffalo Grove had 20 new homes for sale during the week of Friday, March 20 to Thursday, March 26, including including 7 single family homes for sale with an average ... continue reading |
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Homes Just Sold in Buffalo Grove: March 17th to March 23rd - March 24, 2026Buffalo Grove had 10 sales during the week of Tuesday, March 17 to Monday, March 23, including including 4 single family homes for sale with an average list price of ... continue reading |
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New Homes with Master Bedrooms on the 1st Floor in Buffalo Grove: March 14th to March 20th - March 21, 2026Buffalo Grove had 5 new homes for sale with a master bedroom on the first floor during the month of Saturday, March 14 to Friday, March 20, including 3 ... continue reading |
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New Homes For Sale This Week in Buffalo Grove: March 13th to March 19th - March 20, 2026Buffalo Grove had 16 new homes for sale during the week of Friday, March 13 to Thursday, March 19, including including 10 single family homes for sale with an average ... continue reading |
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