Photo: YourJudge · CC BY-SA 4.0537 homes sold in Buffalo Grove in the last year, at a typical $420K
Houses and condos split the market almost evenly. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Buffalo Grove homes are listed.
Every place Buffalo Grove homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Buffalo Grove.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A quarter of Buffalo Grove’s sales are condos, at $287K less than a house
276 houses and 153 condos sold in the year to May 2026. Condos sell faster. Houses draw more bidding wars.
typical sale · 276 sold in 12 months
- Per square foot
- $260IL $180
- Days to sell
- 51
- Sold over asking
- 47%
- Listings with a price cut
- 15%
typical sale · 153 sold in 12 months
- Per square foot
- $211IL $251
- Days to sell
- 48
- Sold over asking
- 37%
- Listings with a price cut
- 19%
Townhouses: 108 sold, typical $383K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 1.5 times the 2016 price
537 sales in the last year, against 1,044 in 2021 and a low of 505 in 2025. The typical sale went from $279K in 2016 to $420K.
Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Buffalo Grove
Check a listing against what Buffalo Grove homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Buffalo Grove are more common than before the pandemic, but 59% fewer homes come up for sale
We read every month of Buffalo Grove’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 537 sales.
If you’re buying in Buffalo Grove
- Shop in March. It brings about 102 new listings a month, close to the busiest month, with fewer bidding wars (26% over asking).
- Less room to haggle. Only 17% of listings cut their price, against 27% before the pandemic.
- Bid near asking. Buyers paid 99.8% of the list price on average; 45% paid over.
- Move fast on good ones. 54% of homes are under contract within two weeks.
Spring brings the homes; summer brings the bidding wars
May has the most new listings (about 108 a month), but June is the most competitive: 35% of June sales close over asking. March and April offer nearly as much choice with fewer homes bid up (26%). January has the least competition (15%) but only about 53 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and hotter than Illinois
| Buffalo Grove now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 45% | 12% | 34% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 54% | 36% | 52% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | 17% | 27% | 23% | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.8% | 96.9% | 98.9% | 99.2% |
| Days to sellMedian days from listing to contract | 49 | 68 | 19 | 49 |
100 homes for sale on a typical day
That’s 59% fewer than in 2017–19 and well under 2019’s 281.
1 in 6 listings has cut its price
17% in the last year, against 27% in 2017–19 and 19% across Illinois.
Since 2019, houses are up 58%, condos 73%
A house typically sold for $546K in the last year (276 sales), a condo for $259K (153).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Buffalo Grove ranks 76th of 324 busy Illinois markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. Buffalo Grove is one of the state’s hottest markets.
Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Five things worth knowing
New listings in May
The month with the most choice. December has the fewest, about 25.
Best time to buySchools
The schools grade for Buffalo Grove, from test results, graduation and how much students grow.
Schools in Buffalo GroveTypical commute
The average one-way trip to work for people who live in Buffalo Grove.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
Wheeling Township and Prospect Heights sell for less a square foot
The busier markets within 25 miles of Buffalo Grove, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Buffalo Grove | 537 | $420K | $243 | 45% | 49 |
| Wheeling Township | 363 | $306K | $222 | 38% | 56 |
| Prospect Heights | 208 | $313K | $219 | 37% | 53 |
| Lincolnshire | 104 | $751K | $262 | 44% | 65 |
| Long Grove | 102 | $993K | $241 | 29% | 61 |
| Kildeer | 76 | $866K | $278 | 46% | 99 |
| Riverwoods | 45 | $949K | $281 | 38% | 43 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Buffalo Grove, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Buffalo Grove. People who follow the town see it, and so do people comparing Buffalo Grove with their own town. No commission, no listing fee.
Questions about buying a home in Buffalo Grove
What do homes sell for in Buffalo Grove, IL?
537 homes sold in the year to May 2026 at a typical $420K, $243 a square foot. Houses sold for about $546K, condos for about $259K.
Is Buffalo Grove a buyer’s or seller’s market?
A seller’s market: 116 homes were for sale in May 2026 and 71 sold, about 1.6 months of supply. Buyers paid 99.8% of asking on average, and 17% of listings cut their price.
When is the best time to buy in Buffalo Grove?
May brings the most new listings. The sales history shows which months have fewer bidding wars.
Where can I see homes for sale in Buffalo Grove?
Zillow, Redfin, Realtor.com and Homes.com all carry Buffalo Grove’s MLS listings; the search links above open each one filtered to Buffalo Grove.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).