42716, Buffalo, KY

The 42716 zip code of Buffalo, KY has a median home value of $101,000. This is lower than the statewide median home value of $130,000 and the national median home value of $177,500. The 42716 zip code also has a lower percentage of homeownership than the statewide and national percentages. Approximately 54% of households in the 42716 zip code own their homes, while 68% of households in Kentucky own their homes.

There are several factors that may contribute to the lower home values in the 42716 zip code. One factor is that there are fewer homes available for sale in this area than other areas of Kentucky. Another factor is that many homeowners in this area have been underwater for some time and may be reluctant to sell their homes at current prices. Finally, this area has a higher percentage of renters than other areas of Kentucky, which may also contribute to the low home values.