The housing market in Buffalo, IN is doing well, with the median value of homes being $145,000 and increasing annually at a rate of 10.75%. This rate is higher than that of the United States as a whole which is 8.27%. The median value of homes in the US is $338,100, indicating that Buffalo, IN offers an affordable option for those looking to buy a home. With the current appreciation rates and low median value, Buffalo provides a great opportunity for potential homeowners.
The median home cost in Buffalo is $145,000. Home appreciation the last 10 years has been 84.4%. Home Appreciation in Buffalo is up 14.6%.
Average Age of Homes
- The median age of Buffalo real estate is 43 years old
The Rental Market in Buffalo
- Renters make up 11.6% of the Buffalo population
- 0.0% of houses and apartments in Buffalo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.