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Lake Cook Road McHenry Road

BUFFALO GROVE, IL 60089

Real Estate Market Report
Balanced Market
February 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60089

Lake Cook Road · McHenry Road

Market Analysis

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

The BUFFALO GROVE, IL real estate market (60089) currently shows 69 active listings, with 38 pending sales. Homes are averaging 23 days on the market before going under contract.

Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

The median listing price has fallen 11.6% year-over-year, from $394,500 to $348,750.

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
69
⇧ 21.1% vs 57 last year
Pending
38
55% pending ratio
Median Price
$348,750
⇩ 11.6% vs $394,500 last year
Average Price
$385,300
⇩ 4.5% vs $403,262 last year
Days on Market
23
vs 23 days last year

Price Per Square Foot

Median $/sqft
$224
⇩ 5.1% vs $236/sqft last year
Median Home Size
1,678 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 69 this year vs 57 last year
  • Days on market: 23 now vs 23 last year

Median & Average Pricing

Year over Year
  • Median: $348,750 (-11.6% YoY)
  • Average: $385,300 (-4.5% 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 — 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 February 2026, there are 69 active listings in BUFFALO GROVE, IL (zip code 60089), compared to 57 the prior year.

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

The median listing price in BUFFALO GROVE, IL 60089 is $348,750 as of February 2026, a 11.6% decrease from $394,500 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 23 days on the market before going under contract, compared to 23 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 February 2026, BUFFALO GROVE, IL 60089 is currently a Balanced Market. Inventory has increased compared to last year, with 12 more homes available — giving buyers more choice.

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 $6,975 compared to a typical 5% commission on the median listing price of $348,750. 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.