The housing market in Buffalo Center, IA (50424) is thriving. The median value of a house in this area is currently $110,600, which is significantly lower than the national median value of $338,100. While the US housing market has seen an appreciation rate of 8.27% within the past year, Buffalo Center's rate stands at 11.88%, indicating a strong and growing market for potential home buyers. With such a low median home value and high appreciation rate, this city is an excellent choice for those looking to invest in their future home.
The median home cost in Buffalo Center (zip 50424) is $110,600. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Buffalo Center (zip 50424) is up 15.9%.
Average Age of Homes
- The median age of Buffalo Center (zip 50424) real estate is 63 years old
The Rental Market in Buffalo Center (zip 50424)
- Renters make up 13.7% of the Buffalo Center (zip 50424) population
- 1.7% of houses and apartments in Buffalo Center (zip 50424), 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.