Buffalo Home Prices & Values

$97,700 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 0.4% 1-year change
  • 3.8% 1-year forecast

The median home value in Buffalo is $97,700. Buffalo home values have gone up 0.4% over the past year and Zillow predicts they will rise 3.8% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Buffalo 44.2 homes are foreclosed (per 10,000). This is greater than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Buffalo is 12.5%, which is higher than the national value of 7.2%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Buffalo homeowners underwater on their mortgage is 18.6%.

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Relative ZHVI
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Buffalo Market Overview

Data through Jun 30, 2014
  • $97,700 ZHVI
  • 3.8% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Jun 30, 2015)
  • No data Median listing price
  • No data Median sale price
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Buffalo Market Health

Data through Jun 30, 2014
  • 5.1/10 Stable What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No data Average of days on Zillow
  • 18.6% Homes with negative equity (18.8% US Avg) (Mar 31, 2014)
  • 12.5% Delinquent on mortgage (7.2% US Avg) (Mar 31, 2014)
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Nearby Cities

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Blue Grass $194,200 Muscatine $161,900 Coal Valley $155,100
Andalusia $121,300 Davenport $116,600 Moline $94,600
East Moline $91,300 Milan $90,700 Rock Island $77,300

Listings & Sales

  • No Data
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Buffalo Rentals

Data through Jun 30, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$968 Buffalo
$993 Davenport Metro
$1,310 United States
  • 2.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2013)
  • No data Rent list price
  • No data Rent list price / sq ft
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