The housing market in Buffalo, WV is strong. The median value of houses in the area is $130,800, which is significantly lower than the US median house value of $338,100. However, there has been a steady appreciation in house prices over the past year - 8.38%, compared to the US 1 year house appreciation rate of 8.27%. This indicates that investing in property in Buffalo could be a wise decision for those looking for a good real estate investment opportunity.
The median home cost in Buffalo is $130,800. Home appreciation the last 10 years has been 35.2%. Home Appreciation in Buffalo is up 9.5%.
Average Age of Homes
- The median age of Buffalo real estate is 37 years old
The Rental Market in Buffalo
- Renters make up 13.2% 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.