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Lake Cook Road McHenry Road

BUFFALO GROVE, IL 60089

Real Estate Market Report  ·  Lake County
Balanced Market
March 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60089

Lake Cook Road · McHenry Road

Market Analysis

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

The BUFFALO GROVE, IL real estate market (60089) currently shows 96 active listings, with 49 pending sales. Homes are averaging 17 days on the market before going under contract.

Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice.

Homes are selling faster, averaging 17 days on market compared to 26 days last year.

The median listing price has risen 4.6% year-over-year, from $379,900 to $397,425.

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
96
⇧ 23.1% vs 78 last year
Pending
49
51% pending ratio
Median Price
$397,425
⇧ 4.6% vs $379,900 last year
Average Price
$433,717
⇧ 4.6% vs $414,458 last year
Days on Market
17
⇩ 34.6% vs 26 days last year

Price Per Square Foot

Median $/sqft
$240
⇧ 4.3% vs $230/sqft last year
Median Home Size
1,780 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 96 this year vs 78 last year
  • Days on market: 17 now vs 26 last year

Median & Average Pricing

Year over Year
  • Median: $397,425 (+4.6% YoY)
  • Average: $433,717 (+4.6% 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 March 2026, there are 96 active listings in BUFFALO GROVE, IL (zip code 60089), compared to 78 the prior year.

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

The median listing price in BUFFALO GROVE, IL 60089 is $397,425 as of March 2026, a 4.6% increase from $379,900 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 17 days on the market before going under contract, compared to 26 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 March 2026, BUFFALO GROVE, IL 60089 is currently a Balanced Market. Inventory has increased compared to last year, with 18 more homes available — giving buyers more choice. Homes are selling faster, averaging 17 days on market compared to 26 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 $7,949 compared to a typical 5% commission on the median listing price of $397,425. 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.