Buffalo Lake, MN Real Estate
According to census data in the year 2000 there were 306 housing units in Buffalo Lake.
This represents a 1.3% decline from 310 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 306 were located in what is classified as a rural area.
Homeownership rate in Buffalo Lake is about 84.9%.
Buffalo Lake's vacancy rate, including seasonal lodging, is about 7.2%.
Average household size is 2.49 people.
The majority of houses, apartments or condos in Buffalo Lake were built after 1952.
|Housing Units by Size|
|Five Bedrooms or more||2.60%|
Owned Homes, Apartments and Condos
|Average Household Size||2.44|
|Median year structure was built||1951|
|Median Value of occupied units||$54,100|
|Median Price asked for vacant units||$85,000|
Rented Homes, Apartments and Condos
|Average Household Size||2.72|
|Median year structure was built||1956|
|Median Monthly Rent asked for vacant units||$375|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||4.20%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||14%|