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Monday, July 14, 2025

The second half of 2021: Home prices in Buffalo fell

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The median sale price of a home sold in the second half of 2021 in Buffalo fell by $10,500 while total sales increased by 100%, according to BlockShopper.com.

From July through December of 2021, there were six homes sold, with a median sale price of $112,500 - a 8.5% decrease over the $123,000 median sale price for the same period of the previous year. There were three homes sold in Buffalo in the second half of 2020.

The median sales tax in Buffalo for the most recent year with available data, 2019, was $1,931, approximately 1.7% of the median home sale price for the second half of 2021.

The following table compares Buffalo to other Sangamon County cities with similar median sale prices in the second half of 2021:

CityJuly - Dec. 2021 Home SalesJuly - Dec. 2020 Home Sales% change (Total Home Sales)July - Dec. 2021 Median Sales PriceJuly - Dec. 2020 Median Sales Price% change (Median Sales Price)
New Berlin1415-6.7%$141,500$139,9001.1%
Loami73133.3%$131,500$230,000-42.8%
Pleasant Plains14137.7%$125,063$182,000-31.3%
Pawnee2411118.2%$117,450$160,000-26.6%
Riverton15147.1%$112,900$117,500-3.9%
Buffalo63100%$112,500$123,000-8.5%
Southern View219133.3%$100,000$74,90033.5%
Illiopolis16977.8%$97,500$66,00047.7%
Mechanicsburg37-57.1%$94,110$115,100-18.2%
Dawson9728.6%$81,000$157,000-48.4%
Divernon710-30%$66,000$86,000-23.3%

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