Housing in Buffalo, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$339,900
Median List Price
$340,000
Price Per Sq Ft
$169
Days on Market
56
Active Inventory
35
Months of Supply
2.7
Seller's market
Zillow Home Value
$364,063
ZHVI — January 2026
Zillow Rent Index
$1,404
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
30.8%
Off Market in 2 Weeks
38.5%
Sale-to-List Ratio
99.7%
Buyer's market
Market Activity
Source: RedfinHomes Sold
13
New Listings
17
Pending Sales
13
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$169
Median List $/SF
$188
Buffalo vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Buffalo is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$281,900
Median Rent
$1,111
Total Housing Units
6,468
Vacancy Rate
2.8%
Owner Occupied
76.7%
Renter Occupied
23.3%
Median Property Tax
$3,255
per year
Monthly Cost (w/ Mortgage)
$1,693
Housing Types
The current median sale price in Buffalo, MN is $339,900 according to Redfin data. Homes spend a median of 56 days on the market. 30.8% of homes sold above asking price. The market has 2.7 months of supply. The median price per square foot is $169. Zillow's observed rent index is $1,404/month. About 76.7% of housing units are owner-occupied. The median year homes were built is 1993. There are 6,468 total housing units.