Housing in Buffalo Grove, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$425,000
Median List Price
$399,000
Price Per Sq Ft
$235
Days on Market
65
Active Inventory
64
Months of Supply
2.2
Seller's market
Zillow Home Value
$423,825
ZHVI — January 2026
Zillow Rent Index
$2,210
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
20.7%
Off Market in 2 Weeks
36.4%
Sale-to-List Ratio
96.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
29
New Listings
30
Pending Sales
33
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$235
Median List $/SF
$246
Buffalo Grove vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Buffalo Grove is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$392,900
Median Rent
$2,042
Total Housing Units
16,567
Vacancy Rate
3.0%
Owner Occupied
81.5%
Renter Occupied
18.5%
Median Property Tax
$10,001
per year
Monthly Cost (w/ Mortgage)
$2,136
Housing Types
The current median sale price in Buffalo Grove, IL is $425,000 according to Redfin data. Homes spend a median of 65 days on the market. 20.7% of homes sold above asking price. The market has 2.2 months of supply. The median price per square foot is $235. Zillow's observed rent index is $2,210/month. About 81.5% of housing units are owner-occupied. The median year homes were built is 1982. There are 16,567 total housing units.