Zip 62515 (Buffalo, IL) Housing

The housing market in Buffalo, IL (zip code 62515) is comparable to the US market in terms of median house value at $148,600 versus the national average of $338,100. The one year appreciation rate for homes in Buffalo is slightly higher than the national average at 10.25% compared to 8.27%. Overall, housing in the area is a good investment with potential for strong returns over the long term.

The median home cost in Buffalo (zip 62515) is $148,600. Home appreciation the last 10 years has been 33.9%. Home Appreciation in Buffalo (zip 62515) is up 11.6%.

Average Age of Homes

- The median age of Buffalo (zip 62515) real estate is 49 years old

The Rental Market in Buffalo (zip 62515)

- Renters make up 33.1% of the Buffalo (zip 62515) population
- 1.5% of houses and apartments in Buffalo (zip 62515), 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, Illinois	United States
	454.0	139,647,020.0
	46	42
	$148,600	$338,100
	11.6%	16.6%
	29.0%	57.0%
	33.9%	101.1%
	$20.58	$10.98
	$2,685	$2,690
	72.5%	57.4%
	6.2%	11.2%
	21.4%	31.4%
Vacant Housing
	1.5%	1.9%
	0.0%	0.4%
	3.1%	0.7%
	0.0%	0.4%
	0.0%	3.6%
	1.5%	4.1%
Value of Owner-Occupied Housing
	3.0%	2.6%
	2.1%	2.4%
	1.2%	2.8%
	2.1%	3.9%
	6.1%	4.5%
	38.0%	11.3%
	14.0%	13.0%
	18.8%	20.1%
	12.2%	13.6%
	0.0%	8.3%
	2.4%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	3.7%	13.6%
	3.7%	13.6%
	11.7%	13.6%
	21.6%	13.2%
	16.5%	14.8%
	11.7%	13.6%
	11.9%	10.0%
	6.8%	4.7%
	16.7%	12.2%

Reviews for Buffalo

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Judith · Buffalo, IL

Neighborhood Fest

Over 14 years ago

Elaine and Dave Burris celebrated their birthdays this week with friends and family. The occasion was hosted by Sweetie Austin (who growled that it was too cold) but More