Old Farm Village, Buffalo Grove, IL
Old Farm Village — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Old Farm Village, Buffalo Grove, Illinois. Explore the cited sources and local facts below while agent underwriting continues.
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Old Farm Village Neighborhood Overview
Old Farm Village is a well-established residential neighborhood in Buffalo Grove, Illinois, offering a blend of suburban tranquility and community-oriented living. Centered around its namesake shopping center, the area provides residents with convenient access to daily essentials and services. The neighborhood is characterized by its mature landscaping, quiet streets, and a strong sense of community.
Lifestyle & Amenities
The Old Farm Shopping Center serves as the neighborhood's commercial heart, providing grocery stores, restaurants, and various retail shops within walking distance for many residents. For recreation, residents enjoy nearby parks, playgrounds, and the Buffalo Grove Golf Course. This combination of convenience and leisure options supports a comfortable, family-friendly suburban lifestyle.
Real Estate Market
The real estate market in Old Farm Village features primarily single-family homes, with a Census median home value of $380,500. Current market data indicates a price per square foot of approximately $274.67, reflecting the desirability of the area. The market caters to those seeking established homes in a prime location with strong community roots.
Schools & Education
Families in Old Farm Village are served by the highly regarded Township High School District 214 and Elementary School District 21. These public school districts are known for their strong academic programs and extracurricular offerings. The proximity to quality education is a significant draw for families moving to the area.
Transportation & Connectivity
Old Farm Village offers excellent connectivity via major roads like Lake-Cook Road and Route 83, providing easy access to neighboring suburbs and employment centers. While the neighborhood itself is not directly served by Metra rail, several stations are a short drive away for commuters heading to Chicago. The area is also accessible to O'Hare International Airport via the nearby Tri-State Tollway (I-294).
Why Choose Old Farm Village
Old Farm Village is an ideal choice for those seeking a stable, established community with the convenience of walkable shopping and dining. The combination of above-average median household incomes, strong public schools, and a central location makes it a perennial favorite in Buffalo Grove. It represents a balanced suburban lifestyle with long-term appeal for families and professionals alike.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Old Farm Village Market Data
| Metric | Value |
|---|---|
| Median Home Price | $381K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $128K |
| Homeownership Rate | 83.2% |
| Renter-Occupied | 16.8% |
| Rental Vacancy Rate | 6.6% |
| Market Type | Balanced |
| Market Tier | Upper-Mid |
| Primary ZIP Code | 60089 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 262,923 |
| VA Loan Originations | 10,875 |
| VA Loan Share | 0.0% |
| Average VA Loan Amount | $270K |
| Conventional Loan Originations | 219,732 |
| FHA Loan Originations | 32,316 |
Top Real Estate Agents in Old Farm Village, Buffalo Grove
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Old Farm Village, Buffalo Grove, IL. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Illinois Department of Financial and Professional Regulation (IDFPR) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12