Buffalo, MO—65622
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Buffalo, MO
As of Oct '25, the median home price in Buffalo, MO is $203,000, with a year-over-year change of -0.2%. This indicates that home prices in Buffalo, MO are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $203,000 | -0.2% |
| Single Family | $203,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $139,000 | -0.7% |
3 Bed | $230,000 | 1.3% |
4 Bed | $296,000 | 1.4% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Buffalo, MO
As of July '25, Rentcast reports the average rent in Buffalo, MO is $974, with a year-over-year rent change of -5.4%. Per bedroom, the median rent as of July '25 in Buffalo, MO is 1-bedrooms: $400, 2-bedrooms: $692, 3-bedrooms: $1,680. The most common rental property sizes in Buffalo, MO are 2-bedroom and 3-bedroom, accounting for 48.2% and 35.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $725 | $974 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $400 | $400 |
| 2 Bed Rent | $725 | $692 |
| 3 Bed Rent | $1,680 | $1,680 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Buffalo, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in Buffalo, MO is 69. This is a increase of 28.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $245,000 | 8.0% |
Listing Count | 48 | -5.0% |
| Listings as % of Homes | 1.0% | -5.0% |
Days on Market | 69 | 28.0% |
Demographics — Buffalo, MO
As of the latest ACS Survey released in 2023, Buffalo, MO has a population of 7,590, which has decreased by -13.7% over the past 5 years. Buffalo, MO is a moderately popular place for families, as children make up 20.8% of the population. The area has a poorly educated workforce, with 18.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 7,590 | -13.7% |
% Under 18 | 20.8% | -6.7% |
% Seniors | 23.4% | 17.0% |
% WFH | 5.6% | 43.6% |
% w/ College Degree | 18.8% | 22.1% |
As of the latest ACS Survey released in 2023, Buffalo, MO is a predominantly white area, with 90.5% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Buffalo, MO is hispanic, making up 4.4% of the population. Foreign-born residents account for 1.8% of the population in Buffalo, MO, and this percentage has increased by 80.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.5% | -3.0% |
% Black | 0.3% | ∞% |
% Hispanic | 4.4% | 51.7% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 1.8% | 80.0% |
Mortgage and Risk — Buffalo, MO
According to HUD data as of 2023, there were 179 mortgage originations in Buffalo, MO, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in Buffalo, MO. Investor activity is low, as 8.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 179 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 8.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 13.0% |
Loan Activity
Rentals and Section 8 — Buffalo, MO
Buffalo, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | 3.0% |
% Occupied Section 8 | 94.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $280 | $400 | $680 |
| 2 Bedroom | $95 | $725 | $820 |
| 3 Bedroom | -$520 | $1,680 | $1,160 |
| 4 Bedroom | N/A | N/A | $1,390 |
Affordability — Buffalo, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $203,000 |
| Median Household Income | $44,200 |