Is Buffalo, SD 57720 a buyer’s or seller’s market?
Buffalo is a balanced market. With about null months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
The Buffalo housing market right now
In the three months ending August 31, 2026, 0% of homes in Buffalo, SD 57720 sold above their list price and the typical home went under contract in 376 days. With only 1 sale, 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 (195 days then) and the median sale price rose 90% to $284,877. Overall, Buffalo is less competitive than a year ago, which gives buyers more room.
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Where Buffalo is
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Questions about Buffalo real estate
How fast do homes sell in Buffalo?
The typical home went under contract in 376 days in the latest three months.
Do homes in Buffalo sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 95.0% of the list price.
What are property taxes in Buffalo?
About 1.12% of a home’s value a year in Harding County, or roughly $4,480 on a $400,000 home.
What is the median home price in Buffalo?
The median sale price was $284,877 in the three months ending August 31, 2026, about $138 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