Why Live in Prairie Park-Lake County
Prairie Park-Lake County in Buffalo Grove, Illinois, is a suburban neighborhood known for its highly rated schools and diverse recreational options. Students here attend Prairie Elementary and Twin Groves Middle, both of which receive high marks, while Adlai E. Stevenson High School is nationally recognized for its excellence. The neighborhood offers various attractions, including Rick Drazner Park with its accessible baseball field, disc golf, and bocce and pickleball courts. Martha Weiss Park features a playground, walking trail, and a Little Free Library, while Green Lake Park provides fishing, tennis, and basketball courts. Valentino Vineyards & Winery, located across Aptakisic Road, offers wine tastings and tours. Nearby Long Grove boasts the historic Village Tavern and the unique Sock Monkey Museum. For shopping, residents frequent Sunset Foods. Public transportation is limited, with the nearest Pace bus stop 3 miles east in Lincolnshire and the Buffalo Grove Metra station 2 miles south, offering an hour-long ride to downtown Chicago. Chicago O’Hare International Airport is a 30-minute drive via Interstate 94. Housing options range from contemporary estates on large lots to older brick ranches and farmhouses, as well as Colonial Revival and split-level homes, condos, and townhouses. The neighborhood has a lower-than-average crime rate, making it a safer area compared to the national average.
Frequently Asked Questions
Is Prairie Park-Lake County a good place to live?
Prairie Park-Lake County is a good place to live. Prairie Park-Lake County is considered car-dependent and bikeable. Prairie Park-Lake County is a suburban neighborhood. Prairie Park-Lake County has 7 parks for recreational activities. It is fairly sparse in population with 5.9 people per acre and a median age of 44. The average household income is $179,938 which is above the national average. College graduates make up 78.1% of residents. A majority of residents in Prairie Park-Lake County are home owners, with 11.9% of residents renting and 88.1% of residents owning their home. A
local real estate agent serving Prairie Park-Lake County can help you decide if this neighborhood is the right one for you. Learn more on our
Prairie Park-Lake County neighborhood guide.
How much do you need to make to afford a house in Prairie Park-Lake County?
The median home price in Prairie Park-Lake County is $330,000. If you put a 20% down payment of $66,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $1,710 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $73K a year to afford the median home price in Prairie Park-Lake County. The average household income in Prairie Park-Lake County is $180K.
What are the best public schools in Prairie Park-Lake County?
The best public schools that serve Prairie Park-Lake County are:
What are the best private schools in Prairie Park-Lake County?
The best private schools that serve Prairie Park-Lake County are:
- St Mary School has an A Niche grade, a student teacher ratio of 14:1 and an average review score of 5.0.
- Torah Academy has a student teacher ratio of 6:1.
What are the most popular zip codes in Prairie Park-Lake County, Buffalo Grove, IL?
What are the most popular neighborhoods near Prairie Park-Lake County, Buffalo Grove, IL?
Are home prices dropping in Prairie Park-Lake County?
Yes, home prices in Prairie Park-Lake County are down 67% in the last 12 months.
Home Trends in Prairie Park-Lake County, IL
On average, homes in Prairie Park-Lake County, Buffalo Grove sell after 23 days on the market compared to the national average of 70 days. The median sale price for homes in Prairie Park-Lake County, Buffalo Grove over the last 12 months is $315,000, down 36% from the median home sale price over the previous 12 months.
Median Sale Price
$315,000
Median Single Family Sale Price
$439,000
Median Townhouse Sale Price
$255,000
Average Price Per Sq Ft
$209
Number of Homes for Sale
0
Last 12 months Home Sales
47
Median List Price
$330,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-36%