Buffalo, ND Foreclosures
How much do homes sell for in Buffalo, ND?
The average home price is currently $209,964.
What’s the average rental cost in Buffalo, ND?
The average rental price in Buffalo is $1,100.
What is the most expensive home in Buffalo?
The most expensive home sold in Buffalo had a price of $1,660,092.
What is currently the cheapest priced home in Buffalo, ND?
The cheapest home for sale in Buffalo is priced at $11,709.
Living in Buffalo, ND
Buffalo, ND is a small yet vibrant community characterized by a strong sense of belonging and an active lifestyle. It offers various outdoor activities amidst beautiful scenery while maintaining essential services and charming local events. Residents enjoy a friendly atmosphere that makes it an ideal place to call home.
Current Market Conditions in Buffalo, ND
The real estate market in Buffalo, ND, shows a steady demand for homes, driven by families and retirees looking for affordable housing options. The prices remain relatively reasonable compared to urban areas, allowing investors to capitalize on the growing interest in the community.
Properties in Buffalo typically appreciate slowly but steadily, highlighting the importance of location and community in real estate investment decisions. With a small inventory and increasing interest from buyers, it's an opportune time for investors to explore opportunities in this emerging market.
Home Value Estimator For Buffalo, ND
There are currently 154 real estate properties
in Buffalo, ND,
with a median automated valuation model (AVM) price
of $181,424.00. 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, ND, 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, ND,
is $209,964.00, with the most expensive house
in Buffalo, ND, topping out
at $1,660,092.00 and the cheapest home
in Buffalo, ND,
clocking in at $11,709.00. In other words, there’s
something for every potential homebuyer
or savvy investor in Buffalo, ND!
Rent Prices
In Buffalo, ND
With the expiration of certain local, state and federal housing-related restrictions
and
mandated programs, the rental market in Buffalo, ND, is on
a rollercoaster ride. The
average rent price in Buffalo, ND,
is $1,100.00. Indeed, when looking to rent in
Buffalo, ND, you can expect to pay as little
as $680.00 or as much
as $1,580.00,
with the average rent median estimated to
be $1,080.00. The good news is that finding
an affordable and desirable property to rent in Buffalo, ND
-- 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.
Learn more on Foreclosure homes
