Buffalo, MO Real Estate
According to census data in the year 2000 there were 1,369 housing units in Buffalo.
This represents a 17.3% growth from 1,167 in 1990.
Of those housing units, 1,296 were located in either urbanized areas or urban clusters, and 73 were located in what is classified as a rural area.
Homeownership rate in Buffalo is about 52.4%.
Buffalo's vacancy rate, including seasonal lodging, is about 10%.
Average household size is 2.13 people.
The majority of houses, apartments or condos in Buffalo were built after 1967.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 15% |
| Two Bedrooms | 40.40% |
| Three Bedrooms | 36.40% |
| Four Bedrooms | 6.70% |
| Five Bedrooms or more | 1.50% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.33 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $66,200 |
| Median Price asked for vacant units | $31,800 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.9 |
| Median year structure was built | 1968 |
| Median Monthly Rent asked for vacant units | $198 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 3.60% |
| Home Equity Loan | 4.90% |
| Simple Mortgage | 48% |
| Debt Free | 43.50% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.3% |
