The housing market in Buffalo, KY is thriving. The median value of homes is $174,300 which is significantly lower than the US Median Value for housing of $338,100. Despite this difference, the 1 year appreciation rate of houses in Buffalo, KY has been 11.54%, significantly higher than the 8.27% appreciation rate across the entire United States. This indicates that Buffalo's real estate prices are on a strong upward trajectory and could see further increases in the future.
The median home cost in Buffalo is $174,300. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Buffalo is up 19.0%.
Average Age of Homes
- The median age of Buffalo real estate is 42 years old
The Rental Market in Buffalo
- Renters make up 13.6% 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.