All Home Types
Buffalo, MN Housing Market
What is the housing market like in Buffalo today?
In October 2024, Buffalo home prices were down 5.0% compared to last year, selling for a median price of $330K. On average, homes in Buffalo sell after 22 days on the market compared to 30 days last year. There were 33 homes sold in October this year, up from 22 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$330,000
-5.0% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Buffalo, MN
$330,000
-5.0%
United States
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Buffalo Migration & Relocation Trends
In Sep '24 - Nov '24, 20% of Buffalo homebuyers searched to move out of Buffalo, while 80% looked to stay within the metropolitan area.
- Across the nation, 0.79% of homebuyers searched to move into Buffalo from outside metros.
- Albuquerque homebuyers searched to move into Buffalo more than any other metro followed by Miami and Chicago.
Where are people moving to Buffalo from?
- 80% of Buffalo homebuyers searched to stay within the Buffalo metropolitan area.
- Brainerd was the most popular destination among Buffalo homebuyers followed by Duluth and Cape Coral.
Where are people from Buffalo moving to?
Number of People Moving to Buffalo
least
most
People are moving to Buffalo from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 717 | ||
| 2 | 700 | ||
| 3 | 599 | ||
| 4 | 414 | ||
| 5 | 318 | ||
| 6 | 285 | ||
| 7 | 271 | ||
| 8 | 235 | ||
| 9 | 176 | ||
| 10 | 158 | ||
People are leaving Buffalo for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 435 | ||
| 2 | 248 | ||
| 3 | 196 | ||
| 4 | 102 | ||
| 5 | 78 | ||
| 6 | 68 | ||
| 7 | 50 | ||
| 8 | 46 | ||
| 9 | 43 | ||
| 10 | 40 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Buffalo.
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