Home Values

Buffalo Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$229,100

  • 14.3% 1-year change
  • 5.7% 1-year forecast

The median home value in Buffalo is $229,100. Buffalo home values have gone up 14.3% over the past year and Zillow predicts they will rise 5.7% within the next year. The median list price per square foot in Buffalo is $124, which is higher than the Las Vegas average of $110. The median price of homes currently listed in Buffalo is $294,900 while the median price of homes that sold is $264,900. The median rent price in Buffalo is $995, which is lower than the Las Vegas median of $1,175.

Foreclosures will be a factor impacting home values in the next several years. In Buffalo 11.3 homes are foreclosed (per 10,000). This is greater than the Las Vegas value of 8.4 and also greater than the national value of 4.5

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Relative ZHVI
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Buffalo Market Overview

Data through Oct 31, 2014
  • $229,100 ZHVI
  • 5.7% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $294,900 Median listing price
  • No recent data Median sale price
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Buffalo Market Health

Data through Oct 31, 2014
  • 7.3/10 Healthy
    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 days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

11.3 homes Buffalo
8.4 homes Las Vegas
4.5 homes United States
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Nearby Neighborhoods

Name Median ZHVI
The Strip $265,200
The Lakes $246,900
Spring Valley $180,400
Name Median ZHVI
Angel Park Lindell $147,200
Rancho Charleston $138,500
UMC $133,900
Name Median ZHVI
Michael Way $132,700
Pioneer Park $132,300
Charleston Heights $124,400

Listings & Sales

Data through Oct 31, 2014
  • $124 Median list price / sq ft
  • $136 Median sale price / sq ft (Aug 31, 2014)
  • 47.3% Listings with price cut
21.8%
Sold below listing
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Buffalo Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,291 Buffalo
    $1,176 Las Vegas
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 1.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $995 Rent list price
  • $0.75 Rent list price / sq ft
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