Buffalo Grove, IL is a great place to call home with its housing median value of $334,600. This is just slightly lower than the US average housing median value of $338,100. Over the past year, the US housing appreciation rate has been 8.27%, while in Buffalo Grove that rate has been even higher at 8.83%, making it an attractive location for homeowners looking to appreciate their investments. With plenty of amenities and attractions nearby, Buffalo Grove remains one of the most desirable places to live in Illinois.
The median home cost in Buffalo Grove is $334,600. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Buffalo Grove is up 14.5%.
Average Age of Homes
- The median age of Buffalo Grove real estate is 35 years old
The Rental Market in Buffalo Grove
- Renters make up 19.1% of the Buffalo Grove population
- 0.7% of houses and apartments in Buffalo Grove, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.