Buffalo Grove, IL
Housing market overview · Updated weekly
$402,000median sale price
Homes sold
23
Last 12 weeks
Days on market
55
Average pace
Active listings
73
3.2 months supply
Sale-to-list
98.7%
Below asking
The Buffalo Grove housing market is currently classified as a balanced market with a median sale price of $402,000. Prices have risen 11.7% compared to last year, with homes spending an average of 55 days on market, indicating 3.2 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Buffalo Grove
There are currently 73 homes listed for sale in Buffalo Grove, Illinois. The median listing price is $420K.
Active listings
73
Homes on market
Median list price
$420K
Avg. days on market
55
Days until sale
New this week
45
Newly listed
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Frequently asked questions
What is the average home price in Buffalo Grove?
The median home sale price in Buffalo Grove is $402,000, up 11.7% from last year.
How long do homes stay on market in Buffalo Grove?
Homes typically spend 55 days on market before going under contract.
Is Buffalo Grove a buyer's or seller's market?
With 3.2 months of supply, Buffalo Grove is currently a balanced market.
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