Zip 60089 (Buffalo Grove, IL) Housing

The housing median value in Buffalo Grove, IL is $355,000 which is slightly higher than the US housing median value of $338,100. The US one year house appreciation rate is 8.27%, but the one year appreciation in Buffalo Grove is even higher at 8.83%. This indicates that Buffalo Grove is a desirable place to purchase or own a home, as it has seen an increase in value over the past 12 months.

The median home cost in Buffalo Grove (zip 60089) is $355,000. Home appreciation the last 10 years has been 54.6%. Home Appreciation in Buffalo Grove (zip 60089) is up 14.5%.

Average Age of Homes

- The median age of Buffalo Grove (zip 60089) real estate is 35 years old

The Rental Market in Buffalo Grove (zip 60089)

- Renters make up 19.1% of the Buffalo Grove (zip 60089) population
- 0.7% of houses and apartments in Buffalo Grove (zip 60089), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Buffalo Grove, Illinois	United States
	16,458.0	139,647,020.0
	39	42
	$355,000	$338,100
	14.5%	16.6%
	31.8%	57.0%
	54.6%	101.1%
	$28.69	$10.98
	$9,795	$2,690
	78.1%	57.4%
	3.1%	11.2%
	18.8%	31.4%
Vacant Housing
	0.7%	1.9%
	0.0%	0.4%
	0.7%	0.7%
	0.7%	0.4%
	0.2%	3.6%
	0.7%	4.1%
Value of Owner-Occupied Housing
	0.5%	2.6%
	0.6%	2.4%
	0.0%	2.8%
	1.0%	3.9%
	1.4%	4.5%
	6.6%	11.3%
	7.1%	13.0%
	20.4%	20.1%
	29.6%	13.6%
	18.3%	8.3%
	13.7%	9.7%
	0.7%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	3.6%	13.6%
	3.6%	13.6%
	19.8%	13.6%
	31.8%	13.2%
	26.7%	14.8%
	19.8%	13.6%
	3.3%	10.0%
	0.0%	4.7%
	1.1%	12.2%

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