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Buffalo Grove, IL Real Estate & Property Data

Buffalo Grove Real Estate Market Trends

Last Updated: April 22, 2025

Accurate and comprehensive real estate data is critical for insight into Buffalo Grove, IL 60089. ATTOM’s Buffalo Grove real estate data is updated daily, and current market trends show that in Buffalo Grove, IL a total of 708 residential properties have sold over the past year. With a median home price of $422,500 in Buffalo Grove and a total of 6 foreclosures. Get detailed property data for Buffalo Grove, IL instantly. ATTOM is your one-stop-shop for the Buffalo Grove property reports and real estate data you need in Buffalo Grove, IL.

Buffalo Grove Real Estate Market Trends

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Total Residential Properties 15,454

Total Commercial Properties 601

Avg. Home Age (Single Family Home) 46 Years

Avg. Square Feet (Single Family Home) 2,041

Total 2025 Residential Sales (year-to-date) 78

% of Homes Seriously Underwater (Q2 2025) 0.69%

Total 2024 Residential Sales 672

% of Equity Rich Homes (Q2 2025) 43.87%

Effective 2024 Property Tax 2.39%

Total Foreclosure Filings (year-to-date) 8

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Buffalo Grove, IL 60089 Real Estate Overview

There were 708 residential properties sold in the past year in Buffalo Grove, IL 60089. The median home value in Buffalo Grove, IL 60089 is $385,029. There are a total of 15,454 residential properties in the 60089.

Median Sales Price i

$422,500

(Feb 2025)

-10.4%

year-over-year

y-o-y

February '25 Feb '25 $422,500
January '25 Jan '25 $395,000
December '24 Dec '24 $500,000
November '24 Nov '24 $485,500
October '24 Oct '24 $478,500
September '24 Sep '24 $450,500
August '24 Aug '24 $520,000
July '24 Jul '24 $543,000
June '24 Jun '24 $565,500
May '24 May '24 $527,000
April '24 Apr '24 $499,000
March '24 Mar '24 $520,000

Median Down Payment i

$118,000

(Feb 2025)

+81.5%

year-over-year

y-o-y

February '25 Feb '25 $118,000
January '25 Jan '25 $96,250
December '24 Dec '24 $97,000
November '24 Nov '24 $73,165
October '24 Oct '24 $61,200
September '24 Sep '24 $81,100
August '24 Aug '24 $100,000
July '24 Jul '24 $110,700
June '24 Jun '24 $121,000
May '24 May '24 $100,000
April '24 Apr '24 $93,800
March '24 Mar '24 $100,000

Number of Homes Sold i

34

(Feb 2025)

+21.4%

year-over-year

y-o-y

February '25 Feb '25 34
January '25 Jan '25 44
December '24 Dec '24 45
November '24 Nov '24 46
October '24 Oct '24 49
September '24 Sep '24 60
August '24 Aug '24 71
July '24 Jul '24 84
June '24 Jun '24 62
May '24 May '24 65
April '24 Apr '24 76
March '24 Mar '24 44

Number of Purchase Loans i

19

(Feb 2025)

-5%

year-over-year

y-o-y

February '25 Feb '25 19
January '25 Jan '25 34
December '24 Dec '24 30
November '24 Nov '24 33
October '24 Oct '24 36
September '24 Sep '24 39
August '24 Aug '24 56
July '24 Jul '24 67
June '24 Jun '24 49
May '24 May '24 39
April '24 Apr '24 52
March '24 Mar '24 29

Number of REFI Loans i

21

(Feb 2025)

+133.3%

year-over-year

y-o-y

February '25 Feb '25 21
January '25 Jan '25 21
December '24 Dec '24 23
November '24 Nov '24 31
October '24 Oct '24 33
September '24 Sep '24 9
August '24 Aug '24 22
July '24 Jul '24 22
June '24 Jun '24 12
May '24 May '24 13
April '24 Apr '24 17
March '24 Mar '24 9

Number of HELOC Loans i

10

(Feb 2025)

-33.3%

year-over-year

y-o-y

February '25 Feb '25 10
January '25 Jan '25 16
December '24 Dec '24 12
November '24 Nov '24 16
October '24 Oct '24 13
September '24 Sep '24 10
August '24 Aug '24 16
July '24 Jul '24 19
June '24 Jun '24 13
May '24 May '24 18
April '24 Apr '24 14
March '24 Mar '24 11

Buffalo Grove, IL 60089 Real Estate Market Overview

Last 30 days

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Buffalo Grove, IL 60089 Foreclosure Activity

There were a total of 6 Buffalo Grove, IL 60089 properties with a foreclosure filing in February 2025.

Total Foreclosure Filings i

6

(Feb 2025)

year-over-year

y-o-y

February '25 Feb '25 6
January '25 Jan '25 2
December '24 Dec '24 4
November '24 Nov '24 5
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 1
June '24 Jun '24 1
May '24 May '24 4
April '24 Apr '24 N/A
March '24 Mar '24 4

Foreclosure Starts i

3

(Feb 2025)

-40%

year-over-year

y-o-y

February '25 Feb '25 3
January '25 Jan '25 1
December '24 Dec '24 3
November '24 Nov '24 5
October '24 Oct '24 1
September '24 Sep '24 2
August '24 Aug '24 2
July '24 Jul '24 1
June '24 Jun '24 1
May '24 May '24 3
April '24 Apr '24 N/A
March '24 Mar '24 2

Completed Foreclosures (REOs) i

February '25 Feb '25 N/A
January '25 Jan '25 1
December '24 Dec '24 N/A
November '24 Nov '24 N/A
October '24 Oct '24 N/A
September '24 Sep '24 1
August '24 Aug '24 N/A
July '24 Jul '24 N/A
June '24 Jun '24 1
May '24 May '24 1
April '24 Apr '24 1
March '24 Mar '24 N/A

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