North Suburban Market Update - October 28, 2025

North Suburban Market Update - October 28, 2025

Executive Summary

The fall market remains seller-leaning, but week-over-week shifts show different dynamics by suburb and price point. The strongest momentum continues in the mid-price tiers (especially Buffalo Grove and Glenview), while Northbrook and luxury segments show more patience and negotiation.

This blog provides a clear breakdown of what changed this week and what that means for both buyers and sellers.


📊 Week-Over-Week Market Changes

Suburb

MAI (Prev)

MAI (Current)

Inventory (Prev)

Inventory (Current)

Median List Price (Prev)

Median List Price (Current)

Northbrook

39

36

45

50

$1.70M

$1.56M

Glenview

46

47

43

39

$1.20M

$1.20M

Buffalo Grove

56

59

19

18

$529K

$552K

Lake Forest

37

36

49

50

$1.95M

$2.37M

Highland Park

42

43

38

38

$1.22M

$1.18M

Glencoe

35

36

18

17

$2.48M

$2.50M

Deerfield

47

46

22

25

$764K

$789K

MAI above 30 = Seller’s advantage
(Higher = stronger competition among buyers)


🏘 Detailed Suburb Commentary

Northbrook

MAI fell and inventory rose — giving buyers more leverage and a wider selection.
This is a window of opportunity before spring activity returns.

Glenview

Demand continues to outpace supply.
Homes in the $800K–$1.4M tier are seeing fast engagement, often with strong terms.

Buffalo Grove

Still the strongest market this week.
Affordability + solid inventory mix = competitive offers and shorter timelines.

Lake Forest

High-end listings remain steady but require patience from sellers.
Strong lifestyle positioning wins here.

Highland Park

Steady, balanced, and well-positioned for early 2026 energy.
Buyers have time; sellers can still be confident.

Glencoe

Tight supply with price recalibration underway in the luxury segment.
Data suggests buyers are increasingly value-conscious at this level.

Deerfield

Activity remains solid under $900K even with mixed pricing signals.
Move-up families should take action before spring competition increases.


🧭 Bottom Line for Buyers & Sellers

Who

What This Market Means

Buyers

More leverage in select suburbs; negotiate terms, credits, repairs

Sellers

Pricing accuracy + strong presentation prevent stagnation

Investors

Mid-price tiers offer strongest absorption + rental demand

Luxury sellers

Data-based pricing + marketing strategy remain critical


Recommendation

If you’re considering a move in the next 3–6 months, this is the time to plan:

Sellers:
Pre-list inspections
Minor repairs + staging
Pricing aligned with active comps

Buyers:
Know your numbers
Be offer-ready in competitive suburbs
Take advantage of longer DOM in luxury tiers

Contact us - we can help.

Work With Us

Lyn Wise Group represents buyers and sellers in Chicago, Highland Park, Highwood, Deerfield, Northbrook, Glencoe, Lake Forest, Glenview, Buffalo Grove, Winnetka, Wilmette and other surrounding suburbs with data-driven North Shore and North Suburban real estate expertise. We specialize in hyper-local expertise, and personalized client service. We have exceptional relationships with local agents and often hear about properties before they come on the market.

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