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

None

  • None 1-year change
  • None 1-year forecast

The median list price per square foot in Buffalo is $170, which is higher than the Minneapolis-St Paul Metro average of $165. The median price of homes currently listed in Buffalo is $207,900 while the median price of homes that sold is $180,000. The median rent price in Buffalo is $1,295, which is lower than the Minneapolis-St Paul Metro median of $1,305.

Foreclosures will be a factor impacting home values in the next several years. In Buffalo 1.1 homes are foreclosed (per 10,000). This is lower than the Minneapolis-St Paul Metro value of 2.8 and also lower than the national value of 4.0

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Relative ZHVI
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Buffalo Market Overview

Data through Sep 30, 2014
  • No data ZHVI
  • No data 1-yr forecast
  • $207,900 Median listing price
  • $180,000 Median sale price (Jul 31, 2014)
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Buffalo Market Health

Data through Sep 30, 2014
  • No recent data
  • 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)

1.1 homes(Jun 30, 2014) Buffalo
2.8 homes Minneapolis-St Paul Metro
4 homes United States
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Nearby Cities

Name Median ZHVI
Independence $416,100
Greenfield $362,700
Becker $204,500
Name Median ZHVI
Maple Plain $200,600
Watertown $192,400
Big Lake $180,700

Listings & Sales

Data through Sep 30, 2014
  • $170 Median list price / sq ft
  • $156 Median sale price / sq ft (Jul 31, 2014)
  • 35.1% Listings with price cut
34.0%
Sold below listing
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Buffalo Rentals

Data through Sep 30, 2014
  • Zillow Rent Index

  • $1,355 Buffalo
    $1,514 Minneapolis-St Paul Metro
    $1,335 United States

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

  • No data Breakeven horizon
  • $1,295 Rent list price (Aug 31, 2014)
  • $1.15 Rent list price / sq ft (Aug 31, 2014)
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