Housing · Buffalo

Buffalo, TX housing market

The typical Buffalo home is worth about $291,000, up 1.7% in a year, close to the Texas 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
$291K
▲ 1.7% in a year · Zillow
Ten-year trend

Typical home value, 2016–2026

BuffaloTexas
$175K$200K$225K$250K$275K$300K$325K 20182020202220242026 Buffalo $291K Texas $299K
Show as a table
JanuaryBuffaloTexas
2017$194,000$190,000
2018$190,000$202,000
2019$201,000$214,000
2020$229,000$223,000
2021$247,000$242,000
2022$300,000$286,000
2023$298,000$313,000
2024$281,000$311,000
2025$296,000$311,000
2026$286,000$303,000
August 2026$291,000$299,000
Affordability

6.4 years of income

The typical Buffalo home costs about 6.4 years of the town's median household income, more than across Texas (3.8 years).

Home value ÷ ACS median household income.

The homes

Owners, rent & taxes

Homeownership
59.8%
Texas: 62.6%
Median tax bill
$1,129
Texas: $4,232
Median rent
$733
Texas: $1,403
Typical home built
1986
Texas: 1992

U.S. Census Bureau, ACS 2020-2024.

Renting

A two-bedroom rents for about $1,030

HUD's Fair Market Rent for a two-bedroom in Buffalo is $1,030 a month, utilities included: roughly what a modest, recently rented unit costs. Renters already in Buffalo pay a median of $733, so moving in tends to cost more than staying put. A two-bedroom takes about 27% of the town's median household income.

1 bedroom
$820
a month, with utilities
2 bedrooms
$1,030
a month, with utilities
3 bedrooms
$1,370
a month, with utilities
Share of income
27%
2 bedrooms ÷ median income

Studio $810 · 4 bedrooms $1,400

U.S. Department of Housing and Urban Development, FY2026 Fair Market Rents by ZIP code (75831; Freestone County, TX), 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. 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 coffee’s on

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Boundary source: https://tigerweb.geo.census.gov/arcgis/rest/services/TIGERweb/Places_CouSub_ConCity_SubMCD/MapServer/18 · 2025-01-01