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BUFFALO GROVE, IL 60089

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

Market Overview

Active Listings
61
⇧ 27.1% vs 48 last year
Pending
29
48% pending ratio
Median Price
$379,000
⇩ 7.6% vs $410,000 last year
Average Price
$406,419
⇧ 1.2% vs $401,679 last year
Days on Market
32
⇧ 10.3% vs 29 days last year

Market Context

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

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

Market Analysis

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

The BUFFALO GROVE, IL real estate market (60089) currently shows 61 active listings, with 29 pending sales. Homes are averaging 32 days on the market before going under contract.

Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 32 days on market compared to 29 days last year.

The median listing price has fallen 7.6% year-over-year, from $410,000 to $379,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 61 this year vs 48 last year
  • Days on market: 32 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $379,000 (-7.6% YoY)
  • Average: $406,419 (+1.2% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 9.6 miles — 752 listings ($535,278,841 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60089Buffalo Grove, IL 600890.0 mi61$24,791,559$379,000$406,419
60090Wheeling, IL 600903.2 mi80$24,952,800$299,000$311,910
60074Palatine, IL 600744.2 mi61$25,832,036$265,000$423,476
60061Vernon Hills, IL 600614.6 mi63$35,273,889$475,000$559,903
60047Lake Zurich, IL 600474.9 mi112$97,679,008$836,450$872,134
60045Lake Forest, IL 600456.7 mi62$187,589,866$1,950,000$3,025,643
60056Mount Prospect, IL 600567.1 mi59$27,857,735$450,000$472,165
60008Rolling Meadows, IL 600087.2 mi30$9,001,980$229,900$300,066
60196Schaumburg, IL 601968.0 mi6$3,573,366$585,990$595,561
60060Mundelein, IL 600608.1 mi77$49,403,816$459,995$641,608
60016Des Plaines, IL 600168.7 mi127$45,151,040$335,500$355,520
60173Schaumburg, IL 601739.2 mi11$3,513,246$230,000$319,386
60195Schaumburg, IL 601959.6 mi3$658,500$219,500$219,500

Frequently Asked Questions

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

As of January 2026, there are 61 active listings in BUFFALO GROVE, IL (zip code 60089), compared to 48 the prior year.

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

The median listing price in BUFFALO GROVE, IL 60089 is $379,000 as of January 2026, a 7.6% decrease from $410,000 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 32 days on the market before going under contract, compared to 29 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 January 2026, BUFFALO GROVE, IL 60089 is currently a Buyer's Market. Inventory has increased compared to last year, with 13 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 32 days on market compared to 29 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 $7,580 compared to a typical 5% commission on the median listing price of $379,000. 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.