Is Buffalo, WI a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Buffalo is a neutral's market

Buyer's
Market

Difference Since December 2023

At the same time last year, Buffalo was a Seller's Market.

Key Takeaway

Buffalo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Buffalo, WI

How much do homes in Buffalo, WI cost?

Median Sold Price

$280,000

$136/sqft

Based on all homes sold in the last 12 months.

Difference Since December 2023

+$22,500(+8.7%)

Key Takeaway

Homes in Buffalo have sold for 8.7% more than they did a year ago.

Summary: The median home sold price in Buffalo was $280,000 in December 2024, up 8.7% from last year, and the median price per square foot was $136.

Median Sold Price By Bedroom Count

# BEDSDec 2023Dec 2024CHANGE
1 --
N/A
2 $205.5K$185K
-10.0%
3 $338.5K$275K
-18.8%
4 $519K-
N/A
5+ $274.9K$471.5K
+71.5%

Summary: Buffalo housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 10%, 3 bedroom homes decreased by 18.8%, 4 bedroom homes did not change, and 5+ bedroom homes increased by 71.5%.

Median Sold Price Compared To Nearby Cities

Packwaukee
+13.7%
Buffalo
+8.7%

Housing Supply in Buffalo, WI

How many homes are available in Buffalo, WI?

Number of Homes For Sale

Nov 2024Dec 2024CHANGE
46+50.0%

Summary: The Buffalo real estate market had 6 homes for sale in December 2024, a 50.0% increase compared to November 2024.

Homes For Sale By Bedroom Count

# BEDSNov 2024Dec 2024CHANGE
1 00
0.0%
2 11
0.0%
3 25
+150.0%
4 00
0.0%
5+ 10
-100.0%

Summary: The Buffalo housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes increased by 150%, 4 bedroom homes remained the same, and 5+ bedroom homes decreased by 100%.

Number of Homes Sold

Nov 2024Dec 2024CHANGE
110.0%

Asking Price vs. Sold Price

1 Home Was Sold
Under Asking

0 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Buffalo, you may be able to get a good deal. 100% of homes here sold below asking price last month.

Summary: A total of 1 homes were sold or pending in Buffalo in December 2024, the same as the previous month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.

Days on Market for Buffalo, WI

We’re sorry, we don't have information for this market at the moment

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 6 Days Ago

Newest Listings in Buffalo, WI

Nearby Markets to Buffalo, WI

What housing markets are near Buffalo, WI?