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Multi-family Foreclosures in Buffalo, MN

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Buffalo, MN Foreclosures

How much do homes sell for in Buffalo, MN?
The average home price is currently $422,038.
In Buffalo, MN, how many homes are available?
There are currently 1 active home listings available in Buffalo.
What’s the average rental cost in Buffalo, MN?
The average rental price in Buffalo is $1,549.
What is the most expensive home in Buffalo?
The most expensive home sold in Buffalo had a price of $3,453,000.
What is currently the cheapest priced home in Buffalo, MN?
The cheapest home for sale in Buffalo is priced at $17,822.

Living in Buffalo, MN

Buffalo, Minnesota is a charming small town located northwest of the Twin Cities, offering a tranquil lifestyle with a strong sense of community. Known for its scenic lakes and parks, Buffalo combines small-town charm with convenient access to urban amenities. The city features a variety of recreational activities, including fishing, boating, and hiking, making it a great spot for outdoor enthusiasts.

Current Market Conditions in Buffalo, MN

The real estate market in Buffalo, MN has shown steady growth over the past year, with an increasing number of families and individuals moving to the area due to its appealing lifestyle and relatively affordable housing. Properties in Buffalo have been selling quickly, often above the listing price, indicating a competitive market.

With the demand for housing on the rise, new developments and constructions are also being observed, catering to the growing population. The influx of homebuyers seeking a quality life with easy access to urban amenities contributes to the proactive community-focused initiatives.

Home Value Estimator For Buffalo, MN

There are currently 7,903 real estate properties in Buffalo, MN, with a median automated valuation model (AVM) price of $364,214.00. 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, MN, 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, MN, is $422,038.00, with the most expensive house in Buffalo, MN, topping out at $3,453,000.00 and the cheapest home in Buffalo, MN, clocking in at $17,822.00. In other words, there’s something for every potential homebuyer or savvy investor in Buffalo, MN!

Rent Prices In Buffalo, MN

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Buffalo, MN, is on a rollercoaster ride. The average rent price in Buffalo, MN, is $1,549.00. Indeed, when looking to rent in Buffalo, MN, you can expect to pay as little as $620.00 or as much as $3,720.00, with the average rent median estimated to be $1,460.00. The good news is that finding an affordable and desirable property to rent in Buffalo, MN -- 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.

Buffalo, MN Multi-family Homes


Market Trend for Buffalo, MN

Total Listings Available: 1

Market Values:

Home Prices from $17,822 to $3,453,000

Average Sales Price: $422,038

Rental Values:

Rental from $620 to $3,720

Average Rent Value: $1,549 / month

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