The housing market in Buffalo, TX is thriving with a median value of $217,100 that is significantly lower than the US median value of $338,100. The 1 year house appreciation rate has been particularly strong in Buffalo at 16.22%, which is more than double the national average of 8.27%. This steadily increasing appreciation rate indicates that Buffalo's housing market is likely to remain strong and continue to offer residents affordable housing options.
The median home cost in Buffalo is $217,100. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Buffalo is up 19.7%.
Average Age of Homes
- The median age of Buffalo real estate is 37 years old
The Rental Market in Buffalo
- Renters make up 27.6% of the Buffalo population
- 5.6% 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.