Altos Market Data for Realtors

Buffalo Grove, IL

Single-Family Homes

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Buffalo Grove, IL

Sat Oct 25 2025
This week the median list price for Buffalo Grove, IL is $529,000 with the market action index hovering around 56. This is an increase over last month's market action index of 54. Inventory has decreased to 19. Click here to stay informed with the Buffalo Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Buffalo Grove, IL

Sat Oct 25 2025
This week the median list price for Buffalo Grove, IL is $529,000 with the market action index hovering around 56. This is an increase over last month's market action index of 54. Inventory has decreased to 19. Click here to stay informed with the Buffalo Grove market!

Market Action Index

This answers “How’s the Market?” by comparing rate of sales versus inventory.

Strong Seller's Market

Market Narrative

In the last few weeks the market has achieved a relative stasis point in terms of sales to inventory. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.

Real-Time Market Profile

Never miss important changes in the Buffalo Grove market.
Median List Price $529,000
Median Price of New Listings $385,000
Per Square Foot $249
Average Days on Market 76
Median Days on Market 70
Price Decreased 21%
Price Increased 0%
Relisted 42%
Inventory 19
Median Rent
Market Action 56
Strong Seller's Market

The market seems to have paused around this plateau. The Market Action Index is a good leading indicator for the durability of this trend.

Market Segments

Each segment below represents approximately 25% of the market ordered by price.

Median Price Sq. Ft. Lot Size Beds Bath Age New Absorbed DOM
$825,000 3,836 0.5 - 1 acre 4 3.5 34 0 2 70
$610,000 2,460 0.25 - 0.5 acre 4 2.5 45 0 3 105
$499,000 2,000 6,500 - 8,000 sqft 4 2.5 55 1 1 28
$382,450 1,446 6,500 - 8,000 sqft 2 1.8 65 2 2 3