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BUFFALO, MN 55313

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The BUFFALO, MN real estate market (55313) currently shows 68 active listings, with 33 pending sales. Homes are averaging 31 days on the market before going under contract.

Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 31 days on market compared to 29 days last year.

The median listing price has fallen 0.9% year-over-year, from $434,984 to $431,120.

Whether you are buying or selling in BUFFALO, MN, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 25,268  ·  Density: 90.6/mi²  ·  Median household income: $88,893

Typical home value: $294,456  ·  Homeownership: 81.3%

Market Overview

Active Listings
68
⇩ 8.1% vs 74 last year
Pending
33
49% pending ratio
Median Price
$431,120
⇩ 0.9% vs $434,984 last year
Average Price
$453,448
⇩ 5.4% vs $479,219 last year
Days on Market
31
⇧ 6.9% vs 29 days last year

Price Per Square Foot

Median $/sqft
$193
⇩ 2.5% vs $198/sqft last year
Median Home Size
2,123 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 68 this year vs 74 last year
  • Days on market: 31 now vs 29 last year

Median & Average Pricing

Year over Year
  • Median: $431,120 (-0.9% YoY)
  • Average: $453,448 (-5.4% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.3 miles — 538 listings ($322,979,709 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
55313Buffalo, MN 553130.0 mi67$27,430,805$372,850$409,415
55373Rockford, MN 553738.5 mi19$9,410,130$435,480$495,270
55358Maple Lake, MN 553588.9 mi15$7,936,215$394,900$529,081
55363Montrose, MN 553639.5 mi28$10,499,720$394,924$374,990
55328Delano, MN 553289.9 mi73$49,944,337$482,248$684,169
55357Loretto, MN 5535710.6 mi9$9,603,009$887,250$1,067,001
55349Howard Lake, MN 5534913.4 mi7$3,265,780$390,650$466,540
55302Annandale, MN 5530213.9 mi32$20,475,584$394,900$639,862
55309Big Lake, MN 5530915.0 mi53$23,573,764$387,400$444,788
55330Elk River, MN 5533017.5 mi161$86,020,368$466,500$534,288
55356Long Lake, MN 5535617.8 mi26$47,349,822$1,024,175$1,821,147
55321Cokato, MN 5532117.9 mi9$2,912,967$364,113$323,663
55327Dayton, MN 5532718.3 mi39$24,557,208$628,274$629,672

Frequently Asked Questions

How many homes are for sale in BUFFALO, MN 55313?

As of March 2026, there are 68 active listings in BUFFALO, MN (zip code 55313), compared to 74 the prior year.

What is the median home price in BUFFALO, MN 55313?

The median listing price in BUFFALO, MN 55313 is $431,120 as of March 2026, a 0.9% decrease from $434,984 the prior year.

How long do homes stay on the market in BUFFALO, MN?

Homes in BUFFALO, MN 55313 spend an average of 31 days on the market before going under contract, compared to 29 days the prior year.

Is it a seller's or buyer's market in BUFFALO, MN 55313?

Based on current inventory and days-on-market data as of March 2026, BUFFALO, MN 55313 is currently a Balanced Market. Inventory has tightened compared to last year, with 6 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 31 days on market compared to 29 days last year.

How much can I save on real estate commission in BUFFALO, MN?

With SELL123.com's maximum 3% commission, sellers in BUFFALO, MN 55313 save an estimated $8,622 compared to a typical 5% commission on the median listing price of $431,120. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.