The housing market in Buffalo, MO is doing very well compared to the rest of the country. The median house value in Buffalo, MO is $167,100, which is much lower than the US median house value of $338,100. In addition, the US 1 year house appreciation rate was 8.27%, while house appreciation in Buffalo, MO was a whopping 17.08%. This data shows that the housing market in Buffalo, MO is booming and offers excellent opportunities for potential home buyers or real estate investors.
The median home cost in Buffalo is $167,100. Home appreciation the last 10 years has been 92.6%. Home Appreciation in Buffalo is up 21.4%.
Average Age of Homes
- The median age of Buffalo real estate is 47 years old
The Rental Market in Buffalo
- Renters make up 36.9% of the Buffalo population
- 2.5% 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.