Housing · Buffalo
Buffalo, MN housing market
The typical Buffalo home is worth about $379,000, up 1.6% in a year, 8% above the Minnesota typical home.
Home values, sales, trends and how Buffalo compares with the towns next door — updated as new data is published.
The market right now
Buffalo at a glance
Typical home value
$379K
▲ 1.6% in a year · Zillow
Ten-year trend
Typical home value, 2016–2026
BuffaloMinnesota
Show as a table
| January | Buffalo | Minnesota |
|---|---|---|
| 2017 | $234,000 | $217,000 |
| 2018 | $249,000 | $232,000 |
| 2019 | $261,000 | $246,000 |
| 2020 | $273,000 | $259,000 |
| 2021 | $301,000 | $282,000 |
| 2022 | $343,000 | $313,000 |
| 2023 | $352,000 | $325,000 |
| 2024 | $358,000 | $331,000 |
| 2025 | $370,000 | $341,000 |
| 2026 | $379,000 | $349,000 |
| August 2026 | $379,000 | $351,000 |
Nearby
Buffalo and its neighbors
The towns that share a border. Tap one to see its housing page.
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Buffalo | $379K | +1.6% | — | $118,194 |
| Buffalo | — | — | 18 | $88,820 |
| Monticello | $332K | +1.2% | — | $123,200 |
| Rockford | $356K | +0.3% | — | $93,378 |
| Maple Lake | $379K | +3.6% | — | $103,864 |
| St. Michael | $435K | 0% | 35 | $131,274 |
Affordability
3.2 years of income
The typical Buffalo home costs about 3.2 years of the town's median household income, less than across Minnesota (3.9 years).
How Buffalo ranks on affordability →
Home value ÷ ACS median household income.
The homes
Owners, rent & taxes
Homeownership
95.3%
Minnesota: 72.2%
Median tax bill
$3,893
Minnesota: $3,357
Median rent
$1,375
Minnesota: $1,280
Typical home built
1984
Minnesota: 1979
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.