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Median Home Price in Buffalo Grove, IL

The median home value in Buffalo Grove, IL is $452,107 as of 2026-07-31, up 5.53% from a year earlier.

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Median Home Value

$452,107

Year-over-Year

+5.53%

Population

42,283

Buffalo Grove ranks #52 of 279 Illinois cities tracked here by median home value, and sits 41.7% above the state's city median of $319,026. It sits in Lake County, where the county-wide median is $401,229.

Housing affordability in Buffalo Grove

Median household income in Buffalo Grove is $129,395, so the typical home value is about 3.5× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Buffalo Grove

Buffalo Grove police recorded a violent crime rate of 21 per 100,000 residents in 2024 — lower than most cities that report to the FBI. Property crime runs at 717 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Buffalo Grove

What is the average home price in Buffalo Grove, IL?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Buffalo Grove, that value is $452,107. That's up 5.53% from a year earlier. It is about 41.7% above the typical Illinois city tracked here.

Is Buffalo Grove expensive compared to the surrounding area?

Homes in Buffalo Grove are more expensive than Lake County as a whole, where the median is $401,229 — a difference of about 12.7%.

Is Buffalo Grove affordable?

Median household income here is $129,395, so the typical home value is about 3.5× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Buffalo Grove a safe place to live?

Buffalo Grove police reported 21 violent crimes per 100,000 residents, covering a population of about 42,283. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in IL

New Lenox · Mount Prospect · Itasca · Morton Grove · Bartlett · Bloomingdale · Lisle · Skokie