Buffalo, KY housing market
The typical Buffalo home is worth about $222,000, down 2.8% in a year, close to the Kentucky typical home.
Home values, sales, trends and how Buffalo compares with the towns next door — updated as new data is published.
Buffalo at a glance
Only 1 sale in May 2026: in a market this size, monthly medians swing a lot, so the typical value above is the steadier guide.
Typical home value, 2016–2026
Show as a table
| January | Buffalo | Kentucky |
|---|---|---|
| 2017 | $112,000 | $131,000 |
| 2018 | $119,000 | $138,000 |
| 2019 | $126,000 | $146,000 |
| 2020 | $136,000 | $155,000 |
| 2021 | $157,000 | $173,000 |
| 2022 | $179,000 | $191,000 |
| 2023 | $191,000 | $207,000 |
| 2024 | $196,000 | $216,000 |
| 2025 | $206,000 | $229,000 |
| 2026 | $225,000 | $233,000 |
| August 2026 | $222,000 | $233,000 |
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024 · figures for a place this size carry wide margins of error.
A two-bedroom rents for about $970
HUD's Fair Market Rent for a two-bedroom in Buffalo is $970 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Buffalo pay a median of $1,114.
Studio $780 · 4 bedrooms $1,630
U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (42716, 42748; Elizabethtown, KY HUD Metro FMR Area), weighted by land area. A Fair Market Rent is the 40th-percentile rent plus utilities for a standard unit. Median rent: U.S. Census Bureau, American Community Survey.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Fair Market Rents: U.S. Department of Housing and Urban Development. Listings link to their publishers.