Market Overview
Home Prices in Buffalo, KY
The median home value in Buffalo, KY is $222,163 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's down 1.4% compared to a year ago and up 11.2% from two years prior.
Compared to the U.S. national median of $410,000, homes in Buffalo are priced46% below average. Buffalo is part of the Elizabethtown-Fort Knox, KY metro area.
Over the past five years, Buffalo home values have risen by approximately34.9%, reflecting strong long-term appreciation in this market.
Price History
Buffalo Home Price Trend
City Comparison
Buffalo vs. National Median
At $222,163, homes in Buffalo cost 46% below the national median of $410,000. This makes Buffalo a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Buffalo?
20% Down Payment
$44,433
on $222,163
Monthly P&I
$1,159/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,472/mo
incl. taxes & insurance
Income Needed
$58,880
gross annual (30% rule)
10% Down Option
$22,216
+ PMI applies
Loan Amount (20% dn)
$177,730
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Buffalo, KY?
The median home value in Buffalo is $222,163 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's down 1.4% year-over-year.
How much have home prices changed in Buffalo?
Over the past year, home values in Buffalo have decreased by 1.4%. Over five years, prices have risen approximately 34.9%.
How much do I need to earn to buy a home in Buffalo?
To comfortably afford the median home price of $222,163 with a 20% down payment ($44,433) at today's rates (6.8%), you'd need a gross annual income of approximately $58,880. This assumes keeping total housing costs at or below 30% of gross income.
How does Buffalo compare to the national average home price?
The national median home value is approximately $410,000. At $222,163, homes in Buffalo are 46% below the national average.
What metro area is Buffalo part of?
Buffalo is part of the Elizabethtown-Fort Knox, KY metropolitan area. Home prices and market conditions can vary across the broader metro region.