The housing in Buffalo, ND has seen a healthy appreciation over the past year with a 12.36% increase in median value. This is higher than the US average of 8.27%. The median value of housing in Buffalo is currently $163,500, which is significantly lower than the US median of $338,100. Despite this discrepancy, Buffalo is experiencing an increased demand for property due to its attractive location and relatively low prices compared to other cities across the nation.
The median home cost in Buffalo is $163,500. Home appreciation the last 10 years has been 77.7%. Home Appreciation in Buffalo is up 13.5%.
Average Age of Homes
- The median age of Buffalo real estate is 51 years old
The Rental Market in Buffalo
- Renters make up 19.6% 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.