House Prices

House Prices & Home Values Buffalo, IL 2026


Average Data

average house price$39,800
average size per house1695 ft²
average price per ft²24 $ / ft²

04/22/2026 - The value range (VR) for house prices in Buffalo, IL is $23/ sqft to $23/ sqft. An average home with 1695 sqft costs approximately $38,985 to $38,985. Buffalo, IL includes 1 ZIP codes and it is located in Sangamon county. The lowest prices are found in ZIP 62515, while the highest are in ZIP 62515. The average price per sqare feet is $24. Our analysis is based on 1 property listings.

Avergage prices by ZIP codes Buffalo

6251523 $ / ft²




Historical development of home values in Buffalo

Year Estimated value (USD) Change vs. 2025
2010 $18,484 -53.6%
2011 $17,769 -55.4%
2012 $17,721 -55.5%
2013 $18,384 -53.8%
2014 $19,298 -51.5%
2015 $20,288 -49.0%
2016 $21,347 -46.4%
2017 $22,499 -43.5%
2018 $23,743 -40.3%
2019 $24,844 -37.6%
2020 $26,128 -34.4%
2021 $29,718 -25.3%
2022 $34,645 -13.0%
2023 $36,534 -8.2%
2024 $38,648 -2.9%
2025 $39,800 0.0%

Graph: estimated home values in Buffalo over time (USD)



Example: 100% financing house in Buffalo

Loan amount: $39,800

Interest rate: 6.00%

Fixed monthly payment: $238.62

Breakdown in the 1st month:
Interest portion: $199.00  –  Principal portion: $39.62

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $2,374.70 $488.75 $39,311.25
2 $2,344.56 $518.89 $38,792.36
3 $2,312.56 $550.90 $38,241.46
4 $2,278.58 $584.88 $37,656.58
5 $2,242.50 $620.95 $37,035.63
6 $2,204.20 $659.25 $36,376.39
7 $2,163.54 $699.91 $35,676.48
8 $2,120.37 $743.08 $34,933.40
9 $2,074.54 $788.91 $34,144.49
10 $2,025.88 $837.57 $33,306.92
11 $1,974.23 $889.23 $32,417.69
12 $1,919.38 $944.07 $31,473.62
13 $1,861.15 $1,002.30 $30,471.32
14 $1,799.33 $1,064.12 $29,407.19
15 $1,733.70 $1,129.75 $28,277.44
16 $1,664.02 $1,199.43 $27,078.01
17 $1,590.04 $1,273.41 $25,804.59
18 $1,511.50 $1,351.95 $24,452.64
19 $1,428.11 $1,435.34 $23,017.30
20 $1,339.58 $1,523.87 $21,493.43
21 $1,245.60 $1,617.86 $19,875.57
22 $1,145.81 $1,717.64 $18,157.93
23 $1,039.87 $1,823.58 $16,334.34
24 $927.39 $1,936.06 $14,398.28
25 $807.98 $2,055.47 $12,342.81
26 $681.21 $2,182.25 $10,160.56
27 $546.61 $2,316.84 $7,843.72
28 $403.71 $2,459.74 $5,383.98
29 $252.00 $2,611.45 $2,772.52
30 $90.93 $2,772.52 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Buffalo, IL


1500 sqft3900 sqft
Ø selling price$43,560$92,665
Ø fast selling$39,600$83,398
Ø high price sale$47,521$101,931

In 2026, houses in Buffalo, IL will be offered at an average price of $24 per square foot. A 1,500 sqft home priced at $43,560 is 22.75% more expensive per square foot than a 3,900 sqft home priced at $92,665. Home prices in Buffalo, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $64,153. Sellers who can wait longer may achieve a higher price of up to $78,408.


Discover Buffalo, Illinois

Overview

Buffalo, Illinois is a friendly village in Sangamon County within the Springfield metro area. The community offers small-town living with quick access to the capital city?s jobs, healthcare, and attractions.
Known for its agricultural heritage and quiet neighborhoods, Buffalo, IL appeals to families and commuters alike.

Education and Community

Students attend the highly regarded Tri-City Community Unit School District, with campuses serving Buffalo, Dawson, and Mechanicsburg. Local parks, ball fields, and civic groups host youth sports and seasonal gatherings that strengthen community ties. Annual festivals and volunteer events showcase hometown pride and create welcoming experiences for visitors.

Location, Housing, and Things to Do

Situated just east of Springfield near major routes like I-72 and Old U.S. 36, Buffalo provides convenient regional connectivity. Homebuyers will find affordable real estate in Buffalo, IL, from classic bungalows on tree-lined streets to spacious lots on the village edge. Outdoor enthusiasts enjoy country roads for biking, nearby nature areas for wildlife watching, and easy day trips to museums, trails, and historic sites in the capital region. Local eateries, family-run shops, and community services deliver the essentials while preserving the village?s relaxed pace.



FAQ – Home Values in Buffalo

What is the median home value in Buffalo in 2026?

In 2026, the typical home value in Buffalo is about $39,800 for an average home size of 1695 square feet. This corresponds to an average price of roughly $24 per square foot.

What is the average cost per square foot in Buffalo?

In 2026, homes in Buffalo sell for an average of around $24 per square foot, with a typical range between $23 and $23 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Buffalo is about 1695 square feet, with an estimated 2026 value around $39,800.



Locations close to Buffalo, IL

Bulpitt, IL54 $ / ft²
Chestnut, IL62 $ / ft²
Cornland, IL28 $ / ft²
Boody, IL55 $ / ft²
Blue Mound, IL53 $ / ft²
Beason, IL80 $ / ft²
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