Is Buffalo Center, IA 50424 a buyer’s or seller’s market?
Buffalo Center is a buyer’s market. With about 11.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Buffalo Center housing market right now
In the three months ending August 31, 2026, 0% of homes in Buffalo Center, IA 50424 sold above their list price, the typical home went under contract in 83 days and there were 11.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 2 sales, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold more slowly (63 days then) and the median sale price fell 20% to $124,446. Overall, Buffalo Center is less competitive than a year ago, which gives buyers more room.
Within Winnebago County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell less often over asking than in any other ZIP code in the county.
Nearby, Lake Mills 50450 (38% sold over asking) and Forest City 50436 (13% sold over asking) are even more competitive.
Run the numbers for 50424
Nearby markets
Forest City 50436Buyer’s market $96 /sq ftLake Mills 50450Seller’s market $116 /sq ftLeland 50453Buyer’s market $95 /sq ftRake 50465Seller’s market $47 /sq ft Browse all markets →Towns like Buffalo Center nearby
Find towns like Buffalo Center in other states →Where Buffalo Center is
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Questions about Buffalo Center real estate
Is Buffalo Center a buyer’s or seller’s market?
A buyer’s market: there were 11.2 months of supply in Buffalo Center, IA 50424 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Buffalo Center?
The typical home went under contract in 83 days in the latest three months.
Do homes in Buffalo Center sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.8% of the list price.
What are property taxes in Buffalo Center?
About 1.32% of a home’s value a year in Winnebago County, or roughly $5,280 on a $400,000 home.
What is the median home price in Buffalo Center?
The median sale price was $124,446 in the three months ending August 31, 2026, about $48 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology