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Buffalo, IN Real Estate


According to census data in the year 2000 there were 567 housing units in Buffalo.

Of those housing units, none were located in either urbanized areas or urban clusters, and 567 were located in what is classified as a rural area.

Homeownership rate in Buffalo is about 84.4%. Buffalo's vacancy rate, including seasonal lodging, is about 57%. Average household size is 2.64 people.

The majority of houses, apartments or condos in Buffalo were built after 1968.

Statistics

Housing Size

Housing Units by Size
Studio Type0%
One Bedroom3.70%
Two Bedrooms43.90%
Three Bedrooms37%
Four Bedrooms13.80%
Five Bedrooms or more1.60%
As % of Housing Units
         

Owned Homes, Apartments and Condos

Average Household Size2.73
Median year structure was built1969
Median Value of occupied units$88,000
Median Price asked for vacant units$60,000

Rented Homes, Apartments and Condos

Average Household Size2.13
Median year structure was built1946
Median Monthly Rent asked for vacant units$375

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.10%
Home Equity Loan10.50%
Simple Mortgage35.50%
Debt Free50%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17%