Buffalo, TX Real Estate
According to census data in the year 2000 there were 830 housing units in Buffalo.
This represents a 10.7% growth from 750 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 830 were located in what is classified as a rural area.
Homeownership rate in Buffalo is about 65.4%.
Buffalo's vacancy rate, including seasonal lodging, is about 17.2%.
Average household size is 2.64 people.
The majority of houses, apartments or condos in Buffalo were built after 1976.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0.80% |
| One Bedroom | 9% |
| Two Bedrooms | 41.90% |
| Three Bedrooms | 44.90% |
| Four Bedrooms | 3.30% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.77 |
| Median year structure was built | 1970 |
| Median Value of occupied units | $47,900 |
| Median Price asked for vacant units | $51,300 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.38 |
| Median year structure was built | 1982 |
| Median Monthly Rent asked for vacant units | $313 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.90% |
| Home Equity Loan | 4.70% |
| Simple Mortgage | 41.90% |
| Debt Free | 51.60% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 14.8% |
