TenantureLeasing Agent

Latest available · Census ACS 5-Year (2024)

What Is the Median Home Value in Buffalo city, Minnesota?

$314,400/home 11.5%vs 2023 ($281,900)

City · Census ACS 5-Year estimates

The median home value in Buffalo city, Minnesota is $314,400 (±$17,139), based on Census ACS 5-Year estimates (2024). The median gross rent is $1,182/month, and the median household income is $88,820/year. Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.

Housing Metrics for Buffalo city, Minnesota

MetricValue
Median Home Value$314,400
Median Gross Rent$1,182
Median Household Income$88,820
Total Housing Units6,329
Renter-Occupied Units1,629
Renter-Occupied Share26%

How does Buffalo city, Minnesota compare?

Median home value ranked against all cities in Minnesota.

Higher home value than 81% of cities in Minnesota · 168th of 870

Cheapest: Funkley city($22,900)
Priciest: Village of Minnetonka Beach city($2,000,001)
#CityValue
1Village of Minnetonka Beach city$2,000,001
2Greenwood city$1,240,400
3Woodland city$1,185,300
… 164 more …
168Buffalo city(you are here)$314,400
… 699 more …
868Funkley city$22,900
869Landfall city$18,900
870Rice Lake CDP$18,800

More data for Buffalo city, Minnesota

Frequently asked questions

What is the median home value in Buffalo city, Minnesota?

The median home value in Buffalo city, Minnesota is $314,400, based on Census ACS 5-Year estimates (2024). This is the self-reported estimated value homeowners believe their property would sell for. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.

What is the average rent in Buffalo city, Minnesota?

The median gross rent in Buffalo city, Minnesota is $1,182/month, based on Census ACS 5-Year estimates (2024).

What is the median household income in Buffalo city, Minnesota?

The median household income in Buffalo city, Minnesota is $88,820/year according to Census ACS 5-Year estimates (2024).

How reliable is Census ACS data for small areas?

The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median home value of $314,400 has a margin of error of ±$17,139. In very small areas, MOEs can be large relative to the estimate.

Managing rental properties?

Tenanture helps property managers reply to every inbound lead, qualify applicants against your rules, and handle tenant inquiries automatically.

Get started free
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau. Data from the American Community Survey (ACS) 5-Year Estimates, public domain.