Market Summary

Buffalo Grove, Lake County, IL

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Median Home Price Price

$413,419 $413.4K

Median Monthly Rent Rent

$2,566 $2.6K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within Lake County

Region Price Rent GRM Display
$421,886 $2,401 15.0x
$275,819 $1,894 12.0x
$358,658 $1,964 15.0x
$434,398 $2,436 15.0x
$305,395 $2,043 12.0x

Home prices

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Monthly rent

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GRM

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Similar markets within IL outside of Lake County

Region Price Rent GRM Display
$575,901 $2,521 19.0x
$426,063 $2,318 15.0x
$327,799 $2,071 13.0x
$334,824 $2,470 11.0x
$572,650 $3,161 15.0x
$417,503 $2,298 15.0x
$396,692 $2,728 12.0x
$349,349 $2,275 13.0x
$350,396 $1,569 19.0x
$256,930 $1,476 15.0x
$303,212 $2,361 11.0x
$354,293 $2,042 14.0x
$308,879 $2,025 13.0x
$401,863 $1,889 18.0x
$329,786 $2,288 12.0x
$427,077 $1,695 21.0x
$327,738 $1,461 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of IL

Region Price Rent GRM Display
$651,967 $2,543 21.0x
$340,875 $1,722 16.0x
$731,875 $2,389 26.0x
$632,115 $2,586 20.0x
$153,030 $1,155 11.0x
$409,183 $1,863 18.0x
$514,006 $2,441 18.0x
$424,158 $1,822 19.0x
$746,002 $2,445 25.0x
$620,592 $2,289 23.0x
$186,273 $1,287 12.0x
$377,836 $1,631 19.0x
$373,902 $1,406 22.0x
$225,576 $1,281 15.0x
$303,504 $1,738 15.0x
$1,148,667 $2,417 40.0x
$227,641 $1,260 15.0x
$339,097 $2,458 11.0x
$199,169 $1,377 12.0x

Home prices

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Monthly rent

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GRM

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Buffalo Grove

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Trend Insights

Median Rent in Buffalo Grove, IL is $2,566, with MoM change +$29 and YoY change +$235 pointing to positive momentum while volatility is low (std $61).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against Buffalo Grove, IL.

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Metric
Base market Buffalo Grove, IL
Compare market Select a market
Delta vs base
Median rent
$2,566
N/A
Median price
$413,419
N/A
YoY change
+$235
N/A
Price-to-rent
13.4x
Data unavailable
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