Altos Market Data for Realtors

Buffalo Grove, IL

Single-Family Homes

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Buffalo Grove, IL

Wed Oct 20 2021
This week the median list price for Buffalo Grove, IL is $399,100 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has decreased to 40. 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

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

Wed Oct 20 2021
This week the median list price for Buffalo Grove, IL is $399,100 with the market action index hovering around 50. This is an increase over last month's market action index of 49. Inventory has decreased to 40. 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

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 $399,100
Median Price of New Listings $372,450
Per Square Foot $190
Average Days on Market 92
Median Days on Market 56
Price Decreased 43%
Price Increased 18%
Relisted 28%
Inventory 40
Median Rent $2,300
Market Action 50
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
$626,495 2,845 0.25 - 0.5 acre 3 2 0 1 1 266
$444,950 2,183 8,000 - 10,000 sqft 4 2 45 2 2 70
$379,450 2,307 6,500 - 8,000 sqft 4 2 50 0 1 24
$310,000 1,558 8,000 - 10,000 sqft 3 2 52 3 2 21