Home Values

Buffalo Township 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

$209,000

  • 9.1% 1-year change
  • 1.5% 1-year forecast

The median home value in Buffalo Township is $209,000. Buffalo Township home values have gone up 9.1% over the past year and Zillow predicts they will rise 1.5% within the next year.

Foreclosures will be a factor impacting home values in the next several years. In Buffalo Township 3.6 homes are foreclosed (per 10,000). This is greater than the Pittsburgh Metro value of 2.7 and also lower than the national value of 3.9

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 Township is 1.9%, which is lower than the national value of 6.3%. 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 Township homeowners underwater on their mortgage is 7.0%, which is lower than Pittsburgh Metro at 12.1%.

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Relative ZHVI
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Buffalo Township Market Overview

Data through Apr 30, 2015
  • $209,000 ZHVI
  • 1.5% 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
    (Apr 30, 2016)
  • No data Median listing price
  • No recent data Median sale price
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Buffalo Township Market Health

Data through Apr 30, 2015
  • No recent data
  • No data Average days on Zillow
  • 7.0% Homes with negative equity (16.9% US Avg) (Dec 31, 2014)
  • 1.9% Delinquent on mortgage (6.3% US Avg) (Dec 31, 2014)

Homes foreclosed (per 10,000)

3.6 homes(Feb 28, 2014) Buffalo Township
2.7 homes Pittsburgh Metro
3.9 homes United States
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Nearby Cities

Name Median ZHVI
Clinton $196,900
Jefferson Township $186,100
Winfield Township $177,000
Name Median ZHVI
Frazer Township $123,500
Fawn Township $109,000
Harrison Township $90,300
Name Median ZHVI
East Deer Township $68,600
Brackenridge $60,400
Tarentum $51,300

Listings & Sales

  • No data
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Buffalo Township Rentals

Data through Apr 30, 2015
  • Zillow Rent Index

  • $1,817 Buffalo Township
    $1,124 Pittsburgh Metro
    $1,364 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
    (Dec 31, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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