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Housing in Buffalo

A typical Buffalo home is worth roughly $131,000

Typical home value
$131K
OH $249K
Estimate
2-bedroom rent
$1,090
a month, utilities in · HUD
Median tax bill
$559
OH $2,822

What kind of housing town is Buffalo?

Read from the numbers below. The page puts what stands out first.

★ What stands out · Affordability

A typical home costs 1.5 years of income

Less than across Ohio (3.5 years). Try your own numbers below.

You could afford about
$350,000
Typical Buffalo home $131K

That covers a typical Buffalo home, with $219K to spare.

The typical home, each month
$730
Loan $650Tax $50Insurance $40

A two-bedroom rents for about $1,090 a month here, $360 more than owning.

An estimate, not a loan offer: payments of up to 28% of income, a 30-year fixed loan, Buffalo’s typical property tax (0.43% of value a year, from the Census) and insurance of about 0.35%. Mortgage insurance, HOA fees and other debts aren’t included.

Renting

A two-bedroom rents for about $1,090

Renters already here pay a median of $1,283.

Fair Market Rent a month, utilities included

Studio$820
1 bedroom$830
2 bedrooms$1,090
3 bedrooms$1,410
4 bedrooms$1,710
19%
of households rent · OH 33%
40
renter households
$1,283
median rent paid today · Census

U.S. Department of Housing and Urban Development, Fair Market Rents by ZIP code (Guernsey County, OH): the 40th-percentile rent plus utilities for a standard unit. Median rent and renters: U.S. Census Bureau, American Community Survey.

The homes

81% of Buffalo households own their home

Half of Buffalo’s homes were built before 1992.

Owners and renters
Own 81%Rent 19%

Ohio: 67% own.

1992
typical home built · OH 1970
$559
median property tax bill · OH $2,822
0.43%
of a home’s value, a year in tax · OH 1.31%

U.S. Census Bureau, American Community Survey 2020-2024 · figures for a place this size carry wide margins of error.

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Home values: Zillow Home Value Index (ZHVI), Zillow Research. Sales, days on market and supply: Redfin Data Center. 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. The calculator is an estimate, not a loan offer.

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