Buffalo Township Housing Market Report April 2025•Wright County, Minnesota

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Housing Prices in Buffalo Township, MN

How much do homes in Buffalo Township, MN cost?

Housing Market Conditions

Is Buffalo Township, MN a buyer’s or seller’s market?

Housing Market Conditions

This is the supply and demand for houses in an area based on home prices and trends.

Buyer’s Market

A buyer’s market occurs when the number of available properties for sale exceeds the number of buyers looking to purchase. In a buyer’s market, the supply exceeds the demand.

Neutral Market

A neutral market occurs when the number of buyers looking to purchase properties meets the number of available properties for sale. In a balanced market, there are enough homes to meet the demand.

Seller’s Market

A seller’s market occurs when there are more buyers looking to purchase properties than there are available homes on the market. In a seller’s market, the demand exceeds the supply.

Seller'sMarket

Buyer'sMarket

Buffalo Township is a Seller's Market

Difference Since April 2024

Since last year, Buffalo Township has remained a Seller's Market.

Insight

Buffalo Township is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.

Median Sold Price

Median Sold Price
This is the middle price for which all homes in the area were sold. Half of all the homes sold were below this price, and half were above.
$360,166$180/SqFt
-$4,466
-1.2%

Based on all homes sold in the last 12 months

Insight

Homes in Buffalo Township have sold for 1.2% less than they did a year ago.

Summary: The median home sold price in Buffalo Township was $360,166 in April 2025, down 1.2% from last year, and the median price per square foot was $180.

Median Sold Price By Cities

Median Sold Price By Cities
This is the middle price for which all homes in the area were sold compared to surrounding cities. Half of all the homes sold were below this price, and half were above.
CityChange YoY
Monticello Township
0.0%
Buffalo Township
-1.2%
Buffalo
-1.3%
Saint Michael
-2.2%

Median Sold Price By Bedrooms

Median Sold Price By Bedrooms
This is the middle price for all homes actively listed in an area broken out by the number of bedrooms. Half of the homes are listed below this price, and half are above.
BedsApr 2024Apr 2025Change YoY
1$402.5K$125K
-68.9%
2$265K$282.5K
+6.6%
3$316K$334.1K
+5.7%
4$405K$400K
-1.2%
5$419.2K$415K
-1.0%

Summary: Buffalo Township housing price by bedroom type for April 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -68.9%. The home price for 2 bedroom homes increased by +6.6%. The home price for 3 bedroom homes increased by +5.7%. The home price for 4 bedroom homes decreased by -1.2%. The home price for 5 bedroom homes decreased by -1.0%.

How does Buffalo Township, MN compare with other places?

Market comparison tool

Data and numbers shown are subject to change and may vary based on different timeframes.

Buffalo Township, MN

Housing supply in Buffalo Township, MN

How many homes are available in Buffalo Township, MN?

Number of Homes For Sale

Number of Homes For Sale
This is the total number of homes actively listed in an area.
Last Month2 months agoChange MoM
114Last MonthApr 2025
982 months agoMar 2025
+16.3 %
Change MoMMar – Apr

Summary: The Buffalo Township real estate market had 114 homes for sale in Apr 2025, a 16.3 % increase compared to Mar 2025.

Number of Homes Sold

Number of Homes Sold
This is the total number of both homes sold and pending in an area.
Last Month2 months agoChange MoM
29Last MonthApr 2025
172 months agoMar 2025
+70.6 %
Change MoMMar – Apr

Homes For Sale By Bedroom Count

Homes For Sale By Bedroom Count
This is the total number of homes actively listed in an area by number of bedrooms.
BedsMar 2025Apr 2025Change MoM
111
0.0%
21314
+7.7%
33738
+2.7%
43039
+30.0%
51722
+29.4%

Summary: Buffalo Township housing inventory by bedroom type for April 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +7.7%. The inventory for 3 bedroom homes increased by +2.7%. The inventory for 4 bedroom homes increased by +30.0%. The inventory for 5 bedroom homes increased by +29.4%.

Asking Price vs. Sold Price

How much do homes in Buffalo Township, MN cost?

Asking Price vs. Sold Price

The asking price is how much a home is listed for. The selling price is how much the home actually sold for.

Under Asking

Homes that sold for less than the asking price

At Asking

Homes that sold at their asking price

Over Asking

Homes that sold above the asking price

Over Asking Price9 Homes

At Asking Price9 Homes

Under Asking Price10 Homes

Insight

If you're buying a home in Buffalo Township, you may be able to get a good deal. 35.7% of homes here sold below asking price last month.

Summary: A total of 29 homes were sold or pending in Buffalo Township in April 2025, up by 70.6% month-over-month. Of the 28 sold homes, 36% were sold under asking, 32% were sold at asking, and and 32% were sold over asking.

Days on Market for Buffalo Township, MN

How long does it take to sell a home in Buffalo Township, MN?

Breakdown of Home Sale Times

Under 30 Days14 Homes

30 – 90 Days10 Homes

Over 90 Days4 Homes

Insight

Many homes in Buffalo Township are selling fast, if you're buying plan to act quickly.

Summary: During April 2025, 29 homes were sold in Buffalo Township; 48% of homes were sold within 30 days, 34% of homes were sold within 30 to 90 days, and 14% of homes were sold over 90 days.

Average Sale Time

Average Sale Time
This is the average number of days homes take to sell in an area.
This Year1 year agoChange YoY
44 DaysThis YearApr 2025
57 Days1 year agoApr 2024
-21.6 %
Change YoYApr 2024 – Apr 2025

Summary: Homes in Buffalo Township had an average listing age of 44 days in Apr 2025, down by 21.6% compared to the previous year.

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Newest Listings in Buffalo Township, MN

What homes are available in Buffalo Township, MN?

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Last updated on: 5/2/2025, 10:22:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.