The housing market in Buffalo, TX (75831) is a great option for those who want to invest or purchase a home. The median value of houses in Buffalo is $203,900 which is significantly lower than the US house median value of $338,100. Not only is the price point more affordable, but the 1 year house appreciation rate in Buffalo is 16.22%, which is 8.27% higher than the national average. This means that homeowners can expect to gain more from their investment over time compared to other areas in the US.
The median home cost in Buffalo (zip 75831) is $203,900. Home appreciation the last 10 years has been 99.0%. Home Appreciation in Buffalo (zip 75831) is up 19.7%.
Average Age of Homes
- The median age of Buffalo (zip 75831) real estate is 30 years old
The Rental Market in Buffalo (zip 75831)
- Renters make up 12.9% of the Buffalo (zip 75831) population
- 1.8% of houses and apartments in Buffalo (zip 75831), 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.