From January through December of 2017, there were 16 homes sold, with a median sale price of $72,500 - a 39.5% decrease over the $119,900 median sale price for the previous year. There were 17 homes sold in Buffalo in 2016.
The median sales tax in Buffalo for 2017 was $1,594. In 2016, the median sales tax was $1,599. This marks an decrease of 0.3%. The effective property tax rate, using the median property tax and median home sale price as the basis, is 2.2%.
The following table compares Buffalo to other Scott County cities with similar median sales prices in 2017:
| City | Jan. - Dec. 2017 Home Sales | Jan. - Dec. 2016 Home Sales | % change (Total Home Sales) | Jan. - Dec. 2017 Median Sales Price | Jan. - Dec. 2016 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| Eldridge | 111 | 121 | -8.3% | $255,000 | $260,000 | -1.9% |
| Long Grove | 22 | 15 | 46.7% | $255,000 | $239,900 | 6.3% |
| Le Claire | 137 | 124 | 10.5% | $248,500 | $224,450 | 10.7% |
| Bettendorf | 890 | 825 | 7.9% | $220,000 | $240,000 | -8.3% |
| Park View | 38 | 38 | 0% | $199,950 | $182,250 | 9.7% |
| Blue Grass | 35 | 46 | -23.9% | $185,000 | $149,950 | 23.4% |
| Walcott | 30 | 17 | 76.5% | $161,250 | $175,000 | -7.9% |
| Princeton | 23 | 24 | -4.2% | $145,000 | $172,875 | -16.1% |
| Donahue | 7 | 3 | 133.3% | $135,000 | $134,000 | 0.7% |
| McCausland | 12 | 5 | 140% | $106,000 | $112,000 | -5.4% |
| Buffalo | 16 | 17 | -5.9% | $72,500 | $119,900 | -39.5% |
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