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Lake Cook Road McHenry Road

BUFFALO GROVE, IL 60089

Real Estate Market Report  ·  Lake County
Buyer's Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60089

Lake Cook Road · McHenry Road

Market Analysis

Data as of June 2026. Source: Realtor.com.

The BUFFALO GROVE, IL real estate market (60089) currently shows 137 active listings, with 80 pending sales. Homes are averaging 22 days on the market before going under contract.

Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 22 days on market compared to 19 days last year.

The median listing price has risen 0.6% year-over-year, from $496,225 to $499,450.

Whether you are buying or selling in BUFFALO GROVE, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 42,867  ·  Density: 1,681.2/mi²  ·  Median household income: $127,537

Typical home value: $381,126  ·  Homeownership: 83.2%

Market Overview

Active Listings
137
⇧ 7.9% vs 127 last year
Pending
80
58% pending ratio
Median Price
$499,450
⇧ 0.6% vs $496,225 last year
Average Price
$514,420
⇧ 7.2% vs $479,816 last year
Days on Market
22
⇧ 15.8% vs 19 days last year

Price Per Square Foot

Median $/sqft
$255
⇩ 1.2% vs $258/sqft last year
Median Home Size
2,098 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 137 this year vs 127 last year
  • Days on market: 22 now vs 19 last year

Median & Average Pricing

Year over Year
  • Median: $499,450 (+0.6% YoY)
  • Average: $514,420 (+7.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.6 miles — 854 listings ($583,960,078 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60089Buffalo Grove, IL 600890.0 mi69$26,585,700$348,750$385,300
60090Wheeling, IL 600903.2 mi91$28,409,472$293,450$312,192
60074Palatine, IL 600744.2 mi67$29,664,987$296,975$442,761
60061Vernon Hills, IL 600614.6 mi62$34,048,292$455,000$549,166
60047Lake Zurich, IL 600474.9 mi126$112,419,720$829,925$892,220
60045Lake Forest, IL 600456.7 mi66$185,495,310$1,949,375$2,810,535
60056Mount Prospect, IL 600567.1 mi74$35,623,970$454,750$481,405
60008Rolling Meadows, IL 600087.2 mi42$12,743,892$260,675$303,426
60196Schaumburg, IL 601968.0 mi12$7,143,876$578,990$595,323
60060Mundelein, IL 600608.1 mi91$57,049,720$439,995$626,920
60016Des Plaines, IL 600168.7 mi135$47,989,395$334,600$355,477
60173Schaumburg, IL 601739.2 mi16$6,035,744$321,175$377,234
60195Schaumburg, IL 601959.6 mi3$750,000$250,000$250,000

Frequently Asked Questions

How many homes are for sale in BUFFALO GROVE, IL 60089?

As of June 2026, there are 137 active listings in BUFFALO GROVE, IL (zip code 60089), compared to 127 the prior year.

What is the median home price in BUFFALO GROVE, IL 60089?

The median listing price in BUFFALO GROVE, IL 60089 is $499,450 as of June 2026, a 0.6% increase from $496,225 the prior year.

How long do homes stay on the market in BUFFALO GROVE, IL?

Homes in BUFFALO GROVE, IL 60089 spend an average of 22 days on the market before going under contract, compared to 19 days the prior year.

Is it a seller's or buyer's market in BUFFALO GROVE, IL 60089?

Based on current inventory and days-on-market data as of June 2026, BUFFALO GROVE, IL 60089 is currently a Buyer's Market. Inventory has increased compared to last year, with 10 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 22 days on market compared to 19 days last year.

How much can I save on real estate commission in BUFFALO GROVE, IL?

With SELL123.com's maximum 3% commission, sellers in BUFFALO GROVE, IL 60089 save an estimated $9,989 compared to a typical 5% commission on the median listing price of $499,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.