The housing market in North Buffalo, PA is a desirable area for many potential buyers. The median house value in the area is $193,300 which is below the US median of $338,100. Although the median value is lower than the national average, the 1 year house appreciation rate in North Buffalo is 7.43%, only slightly lower than the US 1 year appreciation rate of 8.27%. This makes North Buffalo an attractive option for those looking to buy a home as prices are still relatively low and growing at a comfortable rate.
The median home cost in North Buffalo is $193,300. Home appreciation the last 10 years has been 71.5%. Home Appreciation in North Buffalo is up 11.0%.
Average Age of Homes
- The median age of North Buffalo real estate is 48 years old
The Rental Market in North Buffalo
- Renters make up 16.8% of the North Buffalo population
- 1.1% of houses and apartments in North 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.