The Buffalo Grove housing market is very competitive. Homes in Buffalo Grove receive 4 offers on average and sell in around 47 days. The median sale price of a home in Buffalo Grove was $445K last month, up 1.7% since last year. The median sale price per square foot in Buffalo Grove is $248, up 6.7% since last year.
What is the housing market like in Buffalo Grove today?
In May 2025, Buffalo Grove home prices were up 1.7% compared to last year, selling for a median price of $445K. On average, homes in Buffalo Grove sell after 47 days on the market compared to 47 days last year. There were 51 homes sold in May this year, down from 64 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$445,000
+1.7% YoY | May 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2025
Growth
% YoY
Buffalo Grove, IL
$445,000
+1.7%
United States
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How hot is the Buffalo Grove housing market?
Buffalo Grove is very competitive. Homes sell in 43.5 days.
0
100
73
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% above list price and go pending in around 44 days.
Hot homes
can sell for about 4% above list price and go pending in around 30 days.
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Home offer insights for Buffalo Grove
Explore recent offers and recently sold homes in Buffalo Grove
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Buffalo Grove housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Buffalo Grove.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Buffalo Grove has a minor risk of flooding. 458 properties in Buffalo Grove are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Buffalo Grove. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
Buffalo Grove has a moderate risk of wildfire. There are 1,261 properties in Buffalo Grove that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in Buffalo Grove.
100% of properties are at minor
risk of a severe wind event over the next 30 years
Wind Factor
Buffalo Grove has a Minor Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. Buffalo Grove is most at risk from hurricanes. 11,228 properties in Buffalo Grove have some risk of being in a severe wind event within the next 30 years.