Buffalo, IN Foreclosures
How much do homes sell for in Buffalo, IN?
The average home price is currently $156,461.
What’s the average rental cost in Buffalo, IN?
The average rental price in Buffalo is $996.
What is the most expensive home in Buffalo?
The most expensive home sold in Buffalo had a price of $792,121.
What is currently the cheapest priced home in Buffalo, IN?
The cheapest home for sale in Buffalo is priced at $19,154.
Living in Buffalo, IN
Buffalo, IN is a quaint and peaceful town that provides a welcoming community atmosphere. With its stunning natural surroundings, it is an ideal location for families and individuals looking for a slower pace of life. Residents enjoy local shops, outdoor activities, and a close-knit community feel, making it a charming place to call home.
Current Market Conditions in Buffalo, IN
The real estate market in Buffalo, IN is currently trending toward a sellers' market, with home prices gradually rising due to limited inventory. Many prospective buyers are drawn to the area for its tranquil lifestyle and affordable housing compared to larger cities. As interest rates remain favorable for buyers, the market is expected to remain competitive.
Over the last few months, Buffalo has seen an increase in home transactions, particularly among single-family homes. The area appeals to those seeking weekend retreats or permanent residences near nature, contributing to rising demand across the market.
Home Value Estimator For Buffalo, IN
There are currently 52 real estate properties
in Buffalo, IN,
with a median automated valuation model (AVM) price
of $131,000.00. What is an AVM? It is
a smart computer program that analyzes and predicts the approximate value of a home,
property or land in Buffalo, IN, based on current market
trends, comparable real
estate sales nearby, historical data and, of course, property features, among other
variables. These automated home estimates are often very helpful, providing buyers
and
sellers with a better idea of a home’s value ahead of the negotiation process. For
example,
the average home price in Buffalo, IN,
is $156,461.00, with the most expensive house
in Buffalo, IN, topping out
at $792,121.00 and the cheapest home
in Buffalo, IN,
clocking in at $19,154.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Buffalo, IN!
Rent Prices
In Buffalo, IN
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Buffalo, IN, is on
a rollercoaster ride. The
average rent price in Buffalo, IN,
is $996.00. Indeed, when looking to rent in
Buffalo, IN, you can expect to pay as little
as $580.00 or as much
as $2,390.00,
with the average rent median estimated to
be $960.00. The good news is that finding
an affordable and desirable property to rent in Buffalo, IN
-- whether it’s apartments,
townhomes, condominiums or single-family homes -- is made easier with knowledge of
the
local market and, of course, a little patience.
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