Buffalo Grove, IL, Real Estate
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 65 single family homes for sale with an average list price of $615,618.19, 24 townhouses for sale with an average list price of $425,466.58, 49 condos for sale with an average list price of $272,634.37, and 2 lots for sale with an average list price of $245,000. The average annual property tax for Buffalo Grove is $8,696.55.
Current Homes for Sale
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Schools
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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.
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Recent Sales
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Train Stations
| 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 |
Train Stations
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Subdivisions/Buildings
| 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 2 condos for sale with an average list price of $177,400. 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: $146,500 |
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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 |
Subdivisions/Buildings
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Market Trends
Buffalo Grove home sales for the month of July decreased in volume by 3.4% when compared to last year, while the median sale price rose by 5.3% from $451,000 to $475,000. House sales decreased by 9.1%, while the median sale price rose by 5.5% from $545,000 to $575,000. Condo sales rose by 33.3%, while the median sale price rose by 4% from $264,900 to $275,500. Townhouse sales decreased by 36.4%, while the median sale price rose by 0.4% from $365,000 to $366,300.
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564
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583
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| 2021 | 2022 | 2023 | 2024 |
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$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 | |||
Median Sale Price for Buffalo Grove
Number of Sales for Buffalo Grove
Market Trends
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Nearby Parks
Apple Hill Park
Aptakisic Park
Bicentennial Park
Bison Park
Buffalo Creek Forest Preserve
Cherbourg Park
Green Lake Park
Highland Point Park
Ivy Hall School & Park
Kilmer Park
Langendorf Park
Longfellow Park
Mike Rylko Community Park
Mirielle Park
Oxford Park
Parkchester Park
Prairie School & Park
Raupp Memorial Museum & Park
Reservoir #7 Park
Sommerset Detention
Veterans Park
Wellington Commons Park
Willow Stream Park
Windfield Park
Woodland Park
Nearby Parks
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Real Estate News
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New Homes For Sale This Week in Buffalo Grove: August 15th to August 21st - August 22, 2025Buffalo Grove had 23 new homes for sale during the week of Friday, August 15 to Thursday, August 21, including including 7 single family homes for sale with an average ... continue reading |
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New Golf Course Lots For Sale in Buffalo Grove: August 12th to August 18th - August 19, 2025Buffalo Grove had only 1 new home backing up to golf courses for sale during the week of Tuesday, August 12 to Monday, August 18, and it was a condo ... continue reading |
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Homes Just Sold in Buffalo Grove: August 12th to August 18th - August 19, 2025Buffalo Grove had 8 sales during the week of Tuesday, August 12 to Monday, August 18, including including 2 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 9th to August 15th - August 16, 2025Buffalo Grove had 5 new homes for sale with a master bedroom on the first floor during the month of Saturday, August 9 to Friday, August 15, including 1 ... continue reading |
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New Homes For Sale This Week in Buffalo Grove: August 8th to August 14th - August 15, 2025Buffalo Grove had 24 new homes for sale during the week of Friday, August 8 to Thursday, August 14, including including 11 single family homes for sale with an average ... continue reading |
Real Estate News
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