Why Live in Buffalo
Buffalo, a small town in Iowa, is located about 10 miles from Davenport and sits along the Mississippi River. The area is known for its small-town charm and country setting, attracting residents with its affordability and proximity to employment opportunities, including a new Amazon facility and several factories. The town features mature trees, telephone wires, and train tracks running parallel to the river. Housing options range from historic homes with gabled roofs and bay windows to newer constructions on wooded lots. Buffalo Elementary serves local students, while older children attend schools in nearby Walcott and Davenport. The Buffalo Community Center offers various activities and events, and outdoor enthusiasts can enjoy Buffalo Shores Park, West Lake Park, and other local parks. Dining options include Judy’s Barge Inn and Janie’s Riverview Café, both offering casual fare. While there is no public transit, the town is bikeable, with key locations like Buffalo Shores Park Beach and Judy’s Barge Inn accessible by bike or foot. For groceries, residents travel to the Quad City area, and the nearest hospital is 15 miles away. The Quad City International Airport is 14 miles from Buffalo, providing convenient travel options.
Frequently Asked Questions
What is the average home price in Buffalo, IA?
Homes for sale in Buffalo, IA have an average home price of $137,300.
Are home prices dropping in Buffalo?
Yes, home prices in Buffalo are down 33% in the last 12 months.
How many homes have sold over the last 12 months in Buffalo, IA?
5 homes have sold in Buffalo, IA over the last 12 months.
What are the most popular zip codes in Buffalo, IA?
How much do you need to make to afford a house in Buffalo?
The median home price in Buffalo is $116,950. If you put a 20% down payment of $23,400 and had a 30-year fixed mortgage with an interest rate of 6.77%, your estimated principal and interest payment would be $610 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $26K a year to afford the median home price in Buffalo.
How are the schools in Buffalo, IA?
Home Trends in Buffalo, IA
On average, homes in Buffalo, IA sell after 32 days on the market compared to the national average of 50 days. The median sale price for homes in Buffalo, IA over the last 12 months is $55,000, down 69% from the median home sale price over the previous 12 months.
Median Sale Price
$55,000
Median Single Family Sale Price
$98,250
Average Price Per Sq Ft
$74
Number of Homes for Sale
1
Last 12 months Home Sales
5
Median List Price
$116,950
Median Change From 1st List Price
8%
Median Home Sale Price YoY Change
-69%
