Buffalo Grove, IL Real Estate Market Summary – September 7, 2026
In Buffalo Grove, IL, the overall market shows a total of 50 homes that have recently been sold, averaging 20 days on the market. The average sale price stands at $488,600, with a median price of $475,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 50 |
| Sold Per Day | 1.67 |
| Average SQFT | 7089 |
| Median Sales Price | $475,000 |
| Average Sales Price | $488,600 |
| Average Price Per SQFT | $238 |
| Average Days on Market | 20 |
| Average Year Built | 1981 |
Buffalo Grove, IL Single Family Home Analysis
For single-family homes, 29 properties have been sold with an average living area of 2,561 square feet. The average price for these homes is $631,379, and they typically remain on the market for about 19 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 29 |
| Sold Per Day | 1 every 1.03 days |
| Average SQFT | 2561 |
| Median Sales Price | $575,000 |
| Average Sales Price | $631,379 |
| Average Price Per SQFT | $257 |
| Average Days on Market | 19 |
| Average Year Built | 1978 |
Buffalo Grove, IL Condo & Townhome Analysis
In the condo and townhome segment, 20 properties have been sold, with an average living area of 1,300 square feet. The average sale price in this segment is $285,250, and the homes generally spend approximately 21 days on the market.
| Metric | 30 Days |
|---|---|
| Number Sold | 20 |
| Sold Per Day | 1 every 1.50 days |
| Average SQFT | 15152 |
| Median Sales Price | $268,500 |
| Average Sales Price | $285,250 |
| Average Price Per SQFT | $202 |
| Average Days on Market | 21 |
| Average Year Built | 1985 |
Buyer & Seller Analysis
- An average of 1.67 homes were sold per day across all segments.
- Single-family homes sold at a pace of 1 every 1.03 days.
- The average days on market for single-family homes was 19 days.
- The average price per square foot for condo and townhome properties was $202.
Conclusion
Overall, the Buffalo Grove real estate market displays consistent activity in home sales, with particular noteworthy trends in single-family properties. As the market evolves, continued monitoring of these statistics will be beneficial.