Home prices
The median home in Buffalo costs $96,500. It is approximately $7,340 (8%) higher compared to the surrounding areas.In comparison to the country as a whole it is about $121,000 (55%) lower, and compared to the city of Springfield is about $21,600 (18%) lower.
Rents
Buffalo's median monthly rent is $757. Compared to other places in this area this is approximately $135 (21%) higher.It is approximately $305 (28%) lower compared to the rest of the country, and it is approximately $13 (1%) higher compared to the city of Springfield.
Nearby places
Halfway
Halfway is about 6 miles west of Buffalo. The housing prices there are somewhat less expensive. Halfway's median home cost is $81,900, which is $14,600 (17%) lower than Buffalo. Its rents are a lot less expensive. Halfway's median monthly rent is $567, which works out to $190 (33%) lower than Buffalo.
Louisburg
Louisburg is approximately 8 miles north from Buffalo. Its real estate prices are a little less expensive. The value of the median home in Louisburg is $74,300, which is $22,200 (29%) lower than Buffalo. The rent there is a lot less expensive. Louisburg's median monthly rent is $475, which works out to $282 (59%) lower than Buffalo.
Urbana
Urbana is roughly 14 miles north of Buffalo. The housing prices there are significantly less expensive. The median home in Urbana is valued at $71,700, which works out to $24,800 (34%) lower than Buffalo. Rent there is a bit less expensive. Urbana's median monthly rent is $600, which comes out to $157 (26%) lower than Buffalo.
Pleasant Hope
Pleasant Hope is roughly 15 miles southwest from Buffalo. Housing prices there are somewhat more expensive. The median home in Pleasant Hope is valued at $106,300, which comes out to $9,800 (9%) higher than Buffalo. The rent there is fairly similar. The median rent in Pleasant Hope is $770 per month, which is $13 (1%) higher than Buffalo.
Bolivar
Bolivar is roughly 15 miles west of Buffalo. Its housing prices are a bit more expensive. The median home in Bolivar is valued at $111,600, which is $15,100 (13%) higher than Buffalo. Rent there is a little less expensive. In Bolivar the median rent is $698 per month, which is $59 (8%) lower than Buffalo.
