Is Buffalo, MN 55313 a buyer’s or seller’s market?

The Buffalo housing market right now

In the three months ending August 31, 2026, 26% of homes in Buffalo, MN 55313 sold above their list price, the typical home went under contract in 24 days and there were 2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 119 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 39%, homes sold more slowly (21 days then) and the median sale price rose 3% to $379,836. Overall, Buffalo is less competitive than a year ago, which gives buyers more room.

Within Wright County, homes here sell more slowly than in 64% of the county’s ZIP codes, and sell less often over asking than in 82%. On our competition score, Buffalo ranks #163 of 296 MN ZIP codes with enough sales (score 65 out of 100).

Nearby, buyers who want less competition could look at Delano 55328 (22% sold over asking), while Cokato 55321 (47% sold over asking) and Waverly 55390 (38% sold over asking) are even more competitive.