Buffalo Grove, IL Real Estate & Property Data

Buffalo Grove Real Estate Market Trends
Last Updated: April 28, 2024

Accurate and comprehensive real estate data is critical for insight into Buffalo Grove, IL. ATTOM’s Buffalo Grove real estate data is updated daily, and current market trends show that in Buffalo Grove, IL a total of 677 residential properties have sold over the past year. With a median home price of $471,500 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
Total Residential Properties 15,450
Total Commercial Properties 586
Avg. Home Age (Single Family Home) 45 Years
Avg. Square Feet (Single Family Home) 2,041
Total 2024 Residential Sales (year-to-date) 70
% of Homes Seriously Underwater (Q2 2024) 0.53%
Total 2023 Residential Sales 640
% of Equity Rich Homes (Q2 2024) 43.72%
Effective 2023 Property Tax 2.36%
Total Foreclosure Filings (year-to-date) 9
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Buffalo Grove, IL Real Estate Overview

There were 677 residential properties sold in the past year in Buffalo Grove, IL. The median home value in Buffalo Grove, IL is $381,090. There are a total of 15,450 residential properties in the Buffalo Grove.

Median Sales Price i
$471,500
(Feb 2024)
+17.7%
year-over-year
y-o-y
  • February '24 Feb '24 $471,500
  • January '24 Jan '24 $497,000
  • December '23 Dec '23 $505,000
  • November '23 Nov '23 $474,000
  • October '23 Oct '23 $420,000
  • September '23 Sep '23 $460,000
  • August '23 Aug '23 $507,500
  • July '23 Jul '23 $460,500
  • June '23 Jun '23 $529,000
  • May '23 May '23 $475,500
  • April '23 Apr '23 $469,000
  • March '23 Mar '23 $419,750
Median Down Payment i
$65,000
(Feb 2024)
-10.3%
year-over-year
y-o-y
  • February '24 Feb '24 $65,000
  • January '24 Jan '24 $98,000
  • December '23 Dec '23 $127,400
  • November '23 Nov '23 $42,500
  • October '23 Oct '23 $65,600
  • September '23 Sep '23 $83,200
  • August '23 Aug '23 $95,500
  • July '23 Jul '23 $100,000
  • June '23 Jun '23 $105,000
  • May '23 May '23 $85,250
  • April '23 Apr '23 $77,812
  • March '23 Mar '23 $78,500
Number of Homes Sold i
28
(Feb 2024)
+47.4%
year-over-year
y-o-y
  • February '24 Feb '24 28
  • January '24 Jan '24 42
  • December '23 Dec '23 47
  • November '23 Nov '23 28
  • October '23 Oct '23 61
  • September '23 Sep '23 61
  • August '23 Aug '23 73
  • July '23 Jul '23 58
  • June '23 Jun '23 91
  • May '23 May '23 68
  • April '23 Apr '23 54
  • March '23 Mar '23 47
Number of Purchase Loans i
20
(Feb 2024)
+53.8%
year-over-year
y-o-y
  • February '24 Feb '24 20
  • January '24 Jan '24 31
  • December '23 Dec '23 22
  • November '23 Nov '23 15
  • October '23 Oct '23 45
  • September '23 Sep '23 46
  • August '23 Aug '23 55
  • July '23 Jul '23 47
  • June '23 Jun '23 58
  • May '23 May '23 53
  • April '23 Apr '23 47
  • March '23 Mar '23 33
Number of REFI Loans i
9
(Feb 2024)
-10%
year-over-year
y-o-y
  • February '24 Feb '24 9
  • January '24 Jan '24 14
  • December '23 Dec '23 12
  • November '23 Nov '23 19
  • October '23 Oct '23 12
  • September '23 Sep '23 13
  • August '23 Aug '23 12
  • July '23 Jul '23 15
  • June '23 Jun '23 7
  • May '23 May '23 8
  • April '23 Apr '23 7
  • March '23 Mar '23 11
Number of HELOC Loans i
15
(Feb 2024)
+15.4%
year-over-year
y-o-y
  • February '24 Feb '24 15
  • January '24 Jan '24 17
  • December '23 Dec '23 5
  • November '23 Nov '23 18
  • October '23 Oct '23 18
  • September '23 Sep '23 11
  • August '23 Aug '23 13
  • July '23 Jul '23 11
  • June '23 Jun '23 11
  • May '23 May '23 18
  • April '23 Apr '23 12
  • March '23 Mar '23 11

Buffalo Grove, IL Real Estate Market Overview

Last 30 days
  • Zip
    Median Est. Value

Buffalo Grove, IL Foreclosure Activity

There were a total of 6 Buffalo Grove, IL properties with a foreclosure filing in February 2024. Lenders started the foreclosure process on 5 Buffalo Grove, IL properties and repossessed 1 Buffalo Grove, IL properties through completed foreclosures (REOs) in February 2024.

Total Foreclosure Filings i
6
(Feb 2024)
+200%
year-over-year
y-o-y
  • February '24 Feb '24 6
  • January '24 Jan '24 3
  • December '23 Dec '23 7
  • November '23 Nov '23 1
  • October '23 Oct '23 5
  • September '23 Sep '23 4
  • August '23 Aug '23 3
  • July '23 Jul '23 9
  • June '23 Jun '23 6
  • May '23 May '23 1
  • April '23 Apr '23 6
  • March '23 Mar '23 1
Foreclosure Starts i
5
(Feb 2024)
+400%
year-over-year
y-o-y
  • February '24 Feb '24 5
  • January '24 Jan '24 1
  • December '23 Dec '23 5
  • November '23 Nov '23 1
  • October '23 Oct '23 4
  • September '23 Sep '23 2
  • August '23 Aug '23 2
  • July '23 Jul '23 7
  • June '23 Jun '23 3
  • May '23 May '23 1
  • April '23 Apr '23 4
  • March '23 Mar '23 1
Completed Foreclosures (REOs) i
1
(Feb 2024)
  • February '24 Feb '24 1
  • January '24 Jan '24 N/A
  • December '23 Dec '23 N/A
  • November '23 Nov '23 N/A
  • October '23 Oct '23 N/A
  • September '23 Sep '23 1
  • August '23 Aug '23 N/A
  • July '23 Jul '23 1
  • June '23 Jun '23 N/A
  • May '23 May '23 N/A
  • April '23 Apr '23 N/A
  • March '23 Mar '23 N/A
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