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 54 single family homes for sale with an average list price of $606,655.32, 21 townhouses for sale with an average list price of $432,104.67, 42 condos for sale with an average list price of $263,837.95, and 2 lots for sale with an average list price of $245,000. The average annual property tax for Buffalo Grove is $8,711.70.
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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: $697,500 |
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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 $199,800. The HOA fees range from $205 to $428 per month. The average annual property tax for Arbors is $2,641.72. 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 $649,900. The homes range in size from 1,860 ft2 to 3,552 ft2. The average annual property tax for Astor Place is $12,995.91. 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 2 single family homes for sale with an average list price of $516,250. The homes range in size from 2,100 ft2 to 2,257 ft2. The average annual property tax for Ballantrae is $7,734.93. 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: $425,000 |
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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 $375 to $375 per month. The average annual property tax for Bentley Place is $9,789.59. 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 |
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Buffalo Grove home sales for the month of August decreased in volume by 41.2% when compared to last year, while the median sale price decreased by 17.2% from $430,000 to $356,000. House sales decreased by 45.5%, while the median sale price rose by 2.3% from $532,000 to $544,500. Condo sales decreased by 5.9%, while the median sale price rose by 3.3% from $272,000 to $281,000. Townhouse sales decreased by 66.7%, while the median sale price decreased by 19.5% from $415,000 to $334,250.
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846
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564
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583
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2021 | 2022 | 2023 | 2024 |
# of sales per year |
$324,000
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$365,000
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$372,450
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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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Homes Just Sold in Buffalo Grove: September 2nd to September 8th - September 9, 2025Buffalo Grove had 8 sales during the week of Tuesday, September 2 to Monday, September 8, including including 5 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: August 30th to September 5th - September 6, 2025Buffalo Grove had 4 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 30 to Friday, September 5, including 1 ... continue reading |
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New Homes For Sale This Week in Buffalo Grove: August 29th to September 4th - September 5, 2025Buffalo Grove had 11 new homes for sale during the week of Friday, August 29 to Thursday, September 4, including including 6 single family homes for sale with an average ... continue reading |
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Homes Just Sold in Buffalo Grove: August 26th to September 1st - September 2, 2025Buffalo Grove had 14 sales during the week of Tuesday, August 26 to Monday, September 1, 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: August 23rd to August 29th - August 30, 2025Buffalo Grove had 4 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 23 to Friday, August 29, including 1 ... continue reading |
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