The housing market in Buffalo, IA is quite prosperous with a median house value of $141,900. This is significantly lower than the US House Median Value of $338,100. Despite this difference, the 1 year house appreciation rate for Buffalo, IA was 11.03%, which is actually higher than the US house appreciation rate of 8.27%. This indicates that Buffalo, IA is an area with great potential for investment and growth in the housing market.
The median home cost in Buffalo is $141,900. Home appreciation the last 10 years has been 53.6%. Home Appreciation in Buffalo is up 12.5%.
Average Age of Homes
- The median age of Buffalo real estate is 68 years old
The Rental Market in Buffalo
- Renters make up 20.9% of the Buffalo population
- 1.7% 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.