Buffalo Lake, MN Home Values & Market Trends

Real estate market trends reflect that there have been 8 transactions over the past year in Buffalo Lake. The median value for residential home transactions that occurred over the previous year is $183,334.58. The number of current listings in Buffalo Lake is 1, and the percentage of properties for sale in the city is 1.00%. Buffalo Lake, MN currently has 0 properties in foreclosure, 0 bank owned properties, 0 properties headed for auction, and 1 properties for sale.

Buffalo Lake, MN Real Estate Market Overview

ZipMedian Est. Value
55314

$ 224,413

$ 96/sqft

Housing Market Summary for Buffalo Lake, MN

Apr 2023March 2024Change
Median Listing Price$0$110.9K-
Median Sold Price$202.3K$110.9K-45.18%
Homes For Sale00-
Homes Sold44-
Price
$/Sqft
Homes For Sale
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Price Per Square Foot

On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.

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Browse Homes in Buffalo Lake, MN

Buffalo Lake home values range from $24,009 to $1,317,179. The median estimated value of a home in Buffalo Lake is $183,334.58. The median list price of a home is 219,900, and the total count of properties in the city is 480.

Foreclosure
There is 1 zips within Buffalo Lake, MN; within this zips, the median estimated home value for homes in foreclosure ranges from $0 in $[foreclosures-lowest-avm-region] to the lowest value of $0 in $[foreclosures-lowest-avm-region]. Foreclosure homes account for NaN% of properties in Buffalo Lake, MN with $[foreclosures-highest-count-region] containing 0 foreclosures, the highest number of foreclosure properties in a single zip.
  • Pre-Foreclosure
    Pre-foreclosure homes account for 0% of all residential properties in Buffalo Lake, MN with $[pre-foreclosures-highest-count-region] containing 0 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Buffalo Lake, MN; of that zips, the estimated home value for pre-foreclosure homes ranges from $0 in N/A to the lowest home value of $0 in $[pre-foreclosures-lowest-avm-region].
  • Bank Owned
    The median estimated home value of bank owned homes (REO properties) in Buffalo Lake, MN ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Buffalo Lake, MN. There is 1 zips within Buffalo Lake, MN; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
  • Auctions
    N/A has 0 auction properties, the highest number of properties going to auction in a single zip in the state of Buffalo Lake, MN. Auction homes and other auction properties account for 0% of all properties in Buffalo Lake, MN. There is 1 zips within Buffalo Lake, MN; of that zips, the median estimated home value for homes going to auction ranges from $0 in N/A to the lowest value of $0 in N/A.
Homes for Sale
Homes and properties that are actively listed for sale account for 0.21% of residential properties in Buffalo Lake, MN with 55314 containing 1 homes for sale, the highest number of listed properties in a single zip. There is 1 zips within Buffalo Lake, MN; homes for sale in that zips, have a range of median values from $224,413 in 55314 to the lowest value of $224,413 in 55314.
    Sold Homes
    The median value for recently sold homes ranges from $399,784 in 55314 to the lowest price of $66,310 in 55314. There is 1 zips within Buffalo Lake, MN. 55314 has 6 recently sold homes, the highest number of recently sold properties in a single zip. Recently sold homes and properties account for 1.25% of properties in Buffalo Lake, MN.

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      Guide for Buffalo Lake, MN

      Market Reports
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports
      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Home Buying Guides & Tips
      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Market Reports
      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      See More Articles
      Saint Paul Real Estate Market Shows Steady Growth Through 2023-2024
      Market Reports|posted 26 March 2024

      Overview of the real estate trends in Saint Paul over the past year, analyzing various aspects like sale prices, property values, market activity, and market dynamics on a monthly basis, discussing influences such as economic conditions, interest rates, seasonal changes, and local employment levels.

      Minneapolis’ Real Estate Market Faces Value Dip, February 2024
      Market Reports|posted 14 March 2024

      The article provides a comprehensive analysis of real estate market trends in Minneapolis and its surrounding cities, highlighting various shifts in property values and sales. The observations reflect a diverse and dynamic market catering to varying buyer preferences and budgets.

      Are House Prices too High Near Your School? Buying A Foreclosure Could Be the Solution
      Home Buying Guides & Tips|posted 23 April 2024

      When house prices increase near good school, what options do home buyer have?

      Springfield Real Estate Grows Modestly to $153K Amidst Shifting Market Dynamics Through March 2024
      Market Reports|posted 22 April 2024

      Market report for Springfield, Illinois, with a snapshot of property values, sales activity, price fluctuations, and comparisons with neighboring cities.

      Recently Listed Homes Buffalo Lake, MN

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