All Countries
Buffalo, MN
Full City Profile · Minnesota · Wright County County
3.5
/5.0
B+
Good
16,388
Population
2,112/sq mi density
$88,306
Median Income
$38,972 per capita
$281,900
Home Value
$370,305 Zillow
$1,111
Median Rent
28.3% income on rent
44°F
Avg Temperature
270 sunny days/yr
97
Violent Crime/100K
1,632 property/100K
B+
Overall
3.5 / 5.0
Good overall score based on economy, affordability, safety and education
A+
Economy
4.7 / 5.0
$88,306 median income, 2.3% unemployment
A+
Affordability
4.9 / 5.0
$281,900 home value, $1,111/mo rent
F
Safety
1.0 / 5.0
97 violent crimes/100K
B
Education
3.5 / 5.0
30.8% bachelor's degree or higher
Housing Overview
Median Home Value
$281,900
0% below
US avg: $281,900
Median Rent
$1,111/mo
4% below
US avg: $1,163/mo
Homeownership Rate
76.7%
17% above US avg (65.4%)
Total Housing Units
6,467
Median year built: 1992
Home Value by Source
Census Median
$281,900
Zillow (ZHVI)
$370,305
Median Sale Price
$341,500
Median List Price
$384,900
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
76.7%
Owner-Occupied
23.3%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$809/mo
1 Bedroom
$899/mo
2 Bedroom
$1,125/mo
3 Bedroom
$1,483/mo
4 Bedroom
$1,698/mo
Census median rent:
$1,111/mo
· Zillow rent:
$1,243/mo
Market Indicators (Redfin)
Median Days on Market
53 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
12
Price Drops
15.8%
of listings with price reduction
Price Per Sq Ft
$171
Active Inventory
38
homes for sale
Affordability & Housing Stock
Rent Burden
28.3%
of renters spending 30%+ of income on housing
9% below US avg (31.0%)
Median Year Built
1992
Average age of housing stock: 34 years
Homeownership Rate
76.7%
Complete Housing Data
Home Values
| Census Median Value | $281,900 |
| Zillow Home Value (ZHVI) | $370,305 |
| Median Sale Price | $341,500 |
| Median List Price | $384,900 |
| Price Per Sq Ft | $171 |
Rent
| Census Median Rent | $1,111 |
| Zillow Rent (ZORI) | $1,243 |
| FMR Studio | $809 |
| FMR 1-Bedroom | $899 |
| FMR 2-Bedroom | $1,125 |
| FMR 3-Bedroom | $1,483 |
| FMR 4-Bedroom | $1,698 |
Market
| Days on Market | 53 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 15.8% |
| Homes Sold | 12 |
| Active Inventory | 38 |
| Price Per Sq Ft | $171 |
Ownership & Stock
| Owner-Occupied | 76.7% |
| Renter-Occupied | 23.3% |
| Homeownership Rate | 76.7% |
| Total Housing Units | 6,467 |
| Median Year Built | 1992 |
| Rent Burden | 28.3% |