The housing market in Buffalo, OH is booming! The median value of houses in this city is currently at $113,900, significantly lower than the US median value of $338,100. This already makes it an attractive option for those looking to purchase property. However, even more encouragingly, over the last year house appreciation in Buffalo has been higher than the national average (12.77% compared to 8.27%). This suggests that there is a strong demand in the area and that prices will continue to increase in the future. As such, now may be an ideal time for people to invest in real estate in Buffalo, OH.
The median home cost in Buffalo is $113,900. Home appreciation the last 10 years has been 79.6%. Home Appreciation in Buffalo is up 14.0%.
Average Age of Homes
- The median age of Buffalo real estate is 78 years old
The Rental Market in Buffalo
- Renters make up 21.5% 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.