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 49 single family homes for sale with an average list price of $598,922.45, 21 townhouses for sale with an average list price of $442,790.48, 26 condos for sale with an average list price of $289,746.15, and 1 lot for sale with a list price of $135,000. The average annual property tax for Buffalo Grove is $8,743.87.
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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 1 condo for sale with a list price of $99,000. The HOA fees range from $205 to $428 per month. The average annual property tax for Arbors is $2,625.45. 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: $149,750 |
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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 1 single family home for sale with a list price of $650,000. The homes range in size from 2,773 ft2 to 3,552 ft2. The average annual property tax for Astor Place is $13,008.01. 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: $601,500 |
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BallantraeBallantrae is a single-family home community in Buffalo Grove, Illinois, built between 1968 and 1971. It currently has 1 single family home for sale with a list price of $499,000. The homes range in size from 2,100 ft2 to 2,257 ft2. The average annual property tax for Ballantrae is $7,726.32. 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 2 townhouses for sale with an average list price of $402,450. The HOA fees range from $350 to $375 per month. The average annual property tax for Bentley Place is $9,550.86. 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: $403,000 |
View subdivisions in Buffalo Grove
Buffalo Grove home sales for the month of October decreased in volume by 2.6% when compared to last year, while the median sale price rose by 17.9% from $390,000 to $460,000. House sales stayed the same, while the median sale price rose by 7.5% from $485,500 to $522,000. Condo sales stayed the same, while the median sale price rose by 7% from $250,000 to $267,500. Townhouse sales decreased by 14.3%, while the median sale price rose by 11.8% from $340,000 to $380,000.
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1022
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831
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530
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528
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| 2021 | 2022 | 2023 | 2024 |
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$324,950
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$365,000
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$377,000
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$400,000
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| 2021 | 2022 | 2023 | 2024 |
| median sale price per year | |||
View market trends in Buffalo Grove
View parks in Buffalo Grove
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New Homes For Sale This Week in Buffalo Grove: October 24th to October 30th - October 31, 2025Buffalo Grove had 15 new homes for sale during the week of Friday, October 24 to Thursday, October 30, including including 6 single family homes for sale with an average ... continue reading |
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Homes Just Sold in Buffalo Grove: October 21st to October 27th - October 28, 2025Buffalo Grove had 10 sales during the week of Tuesday, October 21 to Monday, October 27, including including 6 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: October 18th to October 24th - October 25, 2025Buffalo Grove had 3 new homes for sale with a master bedroom on the first floor during the month of Saturday, October 18 to Friday, October 24, including 1 ... continue reading |
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New Homes For Sale This Week in Buffalo Grove: October 17th to October 23rd - October 24, 2025Buffalo Grove had 14 new homes for sale during the week of Friday, October 17 to Thursday, October 23, including including 6 single family homes for sale with an average ... continue reading |
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Homes Just Sold in Buffalo Grove: October 14th to October 20th - October 21, 2025Buffalo Grove had 11 sales during the week of Tuesday, October 14 to Monday, October 20, including including 7 single family homes for sale with an average list price of ... continue reading |
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