Buffalo, ND Real Estate
According to census data in the year 2000 there were 102 housing units in Buffalo.
This represents a 5.6% decline from 108 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 102 were located in what is classified as a rural area.
Homeownership rate in Buffalo is about 84.6%.
Buffalo's vacancy rate, including seasonal lodging, is about 10.8%.
Average household size is 2.01 people.
The majority of houses, apartments or condos in Buffalo were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 17.60% |
| Two Bedrooms | 26.50% |
| Three Bedrooms | 35.30% |
| Four Bedrooms | 13.70% |
| Five Bedrooms or more | 6.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.03 |
| Median year structure was built | 1964 |
| Median Value of occupied units | $66,500 |
| Median Price asked for vacant units | $9,999 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.93 |
| Median year structure was built | 1980 |
| Median Monthly Rent asked for vacant units | $263 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.50% |
| Home Equity Loan | 0% |
| Simple Mortgage | 38.60% |
| Debt Free | 57.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 13.9% |
