Zip 55313 (Buffalo, MN) Housing

Housing in 55313 Buffalo, MN is slightly below the US median value at $339,900 compared to the US median value of $338,100. While the US has seen an impressive average appreciation rate of 8.27% over the past year, Buffalo's rate has not been quite as high, coming in at 6.82%. Despite this difference, housing values are still fairly strong and rising in this area.

The median home cost in Buffalo (zip 55313) is $339,900. Home appreciation the last 10 years has been 89.8%. Home Appreciation in Buffalo (zip 55313) is up 11.0%.

Average Age of Homes

- The median age of Buffalo (zip 55313) real estate is 29 years old

The Rental Market in Buffalo (zip 55313)

- Renters make up 22.7% of the Buffalo (zip 55313) population
- 1.3% of houses and apartments in Buffalo (zip 55313), 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Buffalo, Minnesota	United States
	9,774.0	139,647,020.0
	31	42
	$339,900	$338,100
	11.0%	16.6%
	45.3%	57.0%
	89.8%	101.1%
	$11.52	$10.98
	$2,848	$2,690
	76.1%	57.4%
	5.4%	11.2%
	18.5%	31.4%
Vacant Housing
	1.3%	1.9%
	0.6%	0.4%
	1.3%	0.7%
	0.1%	0.4%
	1.0%	3.6%
	1.1%	4.1%
Value of Owner-Occupied Housing
	2.3%	2.6%
	2.6%	2.4%
	0.7%	2.8%
	0.5%	3.9%
	1.3%	4.5%
	3.5%	11.3%
	19.3%	13.0%
	35.5%	20.1%
	16.3%	13.6%
	7.7%	8.3%
	6.7%	9.7%
	2.0%	3.9%
	0.9%	2.2%
	0.3%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	28.0%	13.6%
	28.0%	13.6%
	19.6%	13.6%
	13.5%	13.2%
	17.0%	14.8%
	19.6%	13.6%
	3.2%	10.0%
	2.7%	4.7%
	7.0%	12.2%

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