The Buffalo Grove housing market is somewhat competitive. Homes in Buffalo Grove receive 4 offers on average and sell in around 67 days. The median sale price of a home in Buffalo Grove was $360K last month, down 14.7% since last year. The median sale price per square foot in Buffalo Grove is $225, up 3.9% since last year.
What is the housing market like in Buffalo Grove today?
In February 2025, Buffalo Grove home prices were down 14.7% compared to last year, selling for a median price of $360K. On average, homes in Buffalo Grove sell after 67 days on the market compared to 89 days last year. There were 27 homes sold in February this year, down from 28 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$360,000
-14.7% YoY | Feb 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Feb 2025
Growth
% YoY
Buffalo Grove, IL
$360,000
-14.7%
United States
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How hot is the Buffalo Grove housing market?
Buffalo Grove is somewhat competitive. Homes sell in 52.5 days.
0
100
64
Somewhat 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
Some homes get multiple offers.
The average homes sell for around list price and go pending in around 53 days.
Hot homes
can sell for about 1% above list price and go pending in around 36 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
Recent offers
Offer Not Accepted|
6 Weeks Ago
~$275K Offer
Sold for $250K
2bd | 2ba | ~1,500sqft
Over List Price
1%
Days on Market
31
Competing Offers
1
Offer
All Cash
Shelly Nissen
Buffalo Grove Redfin Agent
Buyer went in with home close contingency and over list cash offer. It was a good offer.
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
10% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Buffalo Grove has a minor risk of flooding. 541 properties in Buffalo Grove are likely to be
severely affected
by flooding over the next 30 years. This represents 10% 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.