Median price for residential apartments in Buffalo Springs, TX as of Nov, 2022.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
8 Buffalo Springs, TX, USA apartments for sale
Buffalo Springs
According to statistics, the population in Buffalo Springs, TX amounts to 488, which shows growth 12% compared to the previous year. The median age of the city’s residents is 44. The average household income is $58,542, shifting growth 19% from the past year, and the average property value in Buffalo Springs, TX growth 6% to $135,700 throughout the year.
| Population | 488 |
| Median Age | 43.6 |
| Poverty Rate | 7% |
| Household Income | $58,542 |
| Number Of Employees | 307 |
| Median Property Value | $135,700 |
Household Income
The average household income in Buffalo Springs, TX grew from $49,375 to $58,542 in the past year. This data is an estimate based upon 227 households in Buffalo Springs, TX . The chart below presents how household income is distributed in Buffalo Springs, TX in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Buffalo Springs, TX shifted from $128,100 to $135,700 throughout the year. The subsequent graph indicates the share of properties in the given price range in Buffalo Springs, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Buffalo Springs, TX properties falls in the '$125,000 to $149,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Buffalo Springs, TX compared to median property taxes around the country. The prevalent amount of property taxes in Buffalo Springs, TX equals $1150, which is less than the national average.
Housing Trends
How much does an apartment cost in Buffalo Springs, TX, USA
Average apartment sale in Buffalo Springs: $435,588 (+12.5%)
| Apartment Size | Nov | vs Last Month |
|---|---|---|
| Studio apartments | $210,000 | N/A |
| 1-bed apartments | $185,000 | N/A |
| 2-bed apartments | $475,000 | -4.8% |
| 3-bed apartments | $390,000 | -12.6% |
| 4+ bed apartments | $825,000 | +96.4% |
During Nov 2022, the average price for an apartment in/near Buffalo Springs, TX increased by 12.5% to $435,588.
After collecting all data points, we now see that the average price for 1-bed apartment stands at $185,000 with no changes this month. Asking price for 2-bed apartment also decreased by 4.8% and a place of this size will now cost you $475,000. A 3-bed apartment goes for $390,000, it decreased by 12.6% lately. We discerned the rise of 4- and more bed apartment price. It increased by 96.4% and made it up to $825,000.
| Listing Type | Nov | vs Last Month |
|---|---|---|
| Houses for sale | $435,588 | +5.6% |
| Land for sale | $210,000 | N/A |
Price reports demonstrate that house price increased by 5.6% this month making it up to $435,588.