What is the median home value in Buffalo Township, MN?
The median value of owner-occupied homes in Buffalo Township, MN is $431,400 (±$39,341), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.
In Buffalo Township, the median home value went from $298,200 in 2015–2019 to $431,400 in 2020–2024 (+44.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Figures last updated on .
- Median home value
- $431,400 (±$39,341)
- Owner-occupied homes
- 626 (±103)
- Most common range
- $300,000 to $499,999
Home values in Buffalo Township
| Value | Buffalo Township | Wright County | Minnesota | United States |
|---|---|---|---|---|
| Less than $50,000 | 0.5% (±1.0 points) | 4.3% | 4.0% | 5.3% |
| $50,000 to $99,999 | 1.3% (±1.3 points) | 1.1% | 3.7% | 6.1% |
| $100,000 to $149,999 | 0.5% (±0.7 points) | 1.1% | 5.2% | 6.8% |
| $150,000 to $199,999 | 2.4% (±2.5 points) | 4.2% | 8.1% | 9.0% |
| $200,000 to $299,999 | 14.7% (±4.2 points) | 22.7% | 22.6% | 17.8% |
| $300,000 to $499,999 | 43.6% (±8.4 points) | 47.0% | 36.9% | 26.9% |
| $500,000 to $999,999 | 26.0% (±6.3 points) | 17.9% | 17.0% | 20.9% |
| $1,000,000 or more | 11.0% (±9.2 points) | 1.8% | 2.6% | 7.1% |
The most common range is $300,000 to $499,999, 43.6% of owned homes.
Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.
Buffalo Township against Wright County, its state and the nation
| Buffalo Township | Wright County | Minnesota | United States | |
|---|---|---|---|---|
| Median home value | $431,400 (±$39,341) | $358,900 (±$4,451) | $329,300 (±$903) | $332,700 |
| Owner-occupied homes | 626 (±103) | 45,420 (±769) | 1,666,687 (±7,556) | 84,210,142 |
In Buffalo Township, the median home value is higher than in Wright County ($358,900).
It is also higher than in Minnesota ($329,300).
It is higher than the national figure ($332,700).
In Wright County, Buffalo Township ranks 9 of 34 places with a published estimate, from highest to lowest median home value.
Statewide, it ranks 179 of 2,558.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How home values in Buffalo Township have changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Median home value | $298,200 (±$26,274) | $431,400 (±$39,341) | +44.7% | Up after inflation |
| Median owner cost with a mortgage | $1,771 (±$147) | $2,044 (±$199) | +15.4% | No measurable change after inflation |
| Median real estate taxes | $2,642 (±$186) | $3,893 (±$566) | +47.4% | Up after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Median home value in places near Buffalo Township
| Place | Distance | Median home value | Compared with this place |
|---|---|---|---|
| Buffalo Township | — | $431,400 (±$39,341) | — |
| Buffalo | 2.5 mi | $314,400 (±$17,139) | Lower |
| Monticello Township | 5.0 mi | $370,800 (±$16,064) | Lower |
| Rockford Township | 5.1 mi | $404,900 (±$45,843) | Not measurably different |
| St. Michael | 6.2 mi | $390,100 (±$13,929) | Not measurably different |
| Monticello | 7.1 mi | $323,700 (±$11,280) | Lower |
| Chatham Township | 7.3 mi | $468,900 (±$59,699) | Not measurably different |
| Maple Lake Township | 7.6 mi | $469,600 (±$34,688) | Not measurably different |
| Hanover | 7.9 mi | $447,900 (±$21,079) | Not measurably different |
Nearby places with a measurably lower figure: Buffalo, MN ($314,400), Monticello Township, MN ($370,800), Monticello, MN ($323,700).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Median home value across Wright County, place by place
| Rank | Place | Median home value |
|---|---|---|
| 3 | Chatham Township | $468,900 (±$59,699) |
| 4 | Woodland Township | $460,100 (±$35,916) |
| 5 | Corinna Township | $457,100 (±$48,194) |
| 6 | Silver Creek Township (Wright County) | $452,600 (±$29,218) |
| 7 | Hanover | $447,900 (±$21,079) |
| 8 | Southside Township | $431,500 (±$45,560) |
| 9 | Buffalo Township | $431,400 (±$39,341) |
| 10 | Middleville Township | $412,700 (±$51,321) |
| 11 | Rockford Township | $404,900 (±$45,843) |
| 12 | Otsego | $396,700 (±$24,312) |
| 13 | Marysville Township | $395,800 (±$33,751) |
| 14 | St. Michael | $390,100 (±$13,929) |
| 15 | Albion Township | $378,300 (±$45,833) |
Showing 13 of 34 places in Wright County, ranked from highest to lowest.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
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Questions about Buffalo Township
What is the average home value in Buffalo Township, MN?
The Census Bureau publishes the median: $431,400 (±$39,341) for owner-occupied homes in Buffalo Township (2020–2024 American Community Survey).
Have home values in Buffalo Township gone up?
In Buffalo Township, the median home value went from $298,200 in 2015–2019 to $431,400 in 2020–2024 (+44.7%).
Prices (CPI-U) rose 22.7% over the same years, so it rose faster than prices: a measurable increase after inflation.
Is this what homes in Buffalo Township sell for?
No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Buffalo township, Wright County, Minnesota
- Median Value (B25077), 2015–2019 ACS 5-year estimates — Buffalo township, Wright County, Minnesota
- Median Selected Monthly Owner Costs (B25088), 2015–2019 ACS 5-year estimates — Buffalo township, Wright County, Minnesota
- Median Real Estate Taxes Paid by Mortgage Status (B25103), 2015–2019 ACS 5-year estimates — Buffalo township, Wright County, Minnesota
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Buffalo township, Wright County, Minnesota (county subdivision:08470, in state:27 county:171).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.
The API needs a free key.
DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Buffalo Township at a glance
- Income and affordability in Buffalo Township
- Homeowner costs in Buffalo Township
- Property taxes in Buffalo Township
- Types of homes in Buffalo Township
- Bedrooms in Buffalo Township
- Age of homes in Buffalo Township
- Heating fuel in Buffalo Township
- Commute and cars in Buffalo Township
- Population growth in Buffalo Township
- How long people stay in Buffalo Township
- Minnesota landlord and tenant rules
- Housing across Wright County
- Minnesota places ranked by median home value
- Housing data for every place in Minnesota