The housing market in 42716 Buffalo, KY has recently seen a surge in activity. According to recent estimates, the median value of homes in this area is $167,100, which is lower than the U.S. median value of $338,100. In the past year alone, home values have appreciated by 11.54%, much higher than the national average of 8.27%. This indicates that Buffalo is an attractive place for real estate investors or those looking to purchase a home at an affordable price and still enjoy healthy appreciation in value over time.
The median home cost in Buffalo (zip 42716) is $167,100. Home appreciation the last 10 years has been 71.5%. Home Appreciation in Buffalo (zip 42716) is up 19.0%.
Average Age of Homes
- The median age of Buffalo (zip 42716) real estate is 36 years old
The Rental Market in Buffalo (zip 42716)
- Renters make up 11.4% of the Buffalo (zip 42716) population
- 0.0% of houses and apartments in Buffalo (zip 42716), 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.