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Featured local agent — New Buffalo, PA
Sarah Mitchell
Compass Real Estate · New Buffalo, PA
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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New Buffalo, PA Housing Market
The last median sale price Redfin published was $266,900 (through May 2026). With 1.0 months of supply and homes going under contract in about 6 days, New Buffalo is a strong seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $266,900 home is about $1,425/mo in principal and interest.
Key numbers for New Buffalo, PA
Median sale price
$266,900
Last published period
Redfin, through April 2026
Days on market
6
Fast-moving
Redfin, through April 2026
Active listings
1
1.0 months of supply
Redfin, through April 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Sale-to-list ratio
107.2%
Selling above asking
Redfin, through April 2026
Zillow figures refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is New Buffalo a buyer's or seller's market?
New Buffalo, PA is a strong seller's market, based on 1.0 months of supply and homes selling in about 6 days. Under 2 months of supply is a severe shortage: expect competition on almost anything priced correctly, and little room to negotiate below asking.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the New Buffalo housing market data show?
Every row below is Redfin's final published month for New Buffalo, PA. Redfin, through April 2026
| Metric | Value |
|---|---|
| Median sale price | $266,900 |
| Median price per sq ft | $183/sq ft |
| Median days on market | 6 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 107.2% |
| Homes sold (that month) | 1 |
| Market condition | Strong seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for New Buffalo is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in New Buffalo is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have New Buffalo home prices moved?
Across the 12 months we hold for New Buffalo, PA, the median sale price rose 210.3%, from $86,000 in November 2021 to $266,900. For prices to fall meaningfully from here, supply would have to keep building past 1.0 months while the sale-to-list ratio slips below its current 107.2%. Watch those two together — they move before the median does.
Redfin, through April 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in New Buffalo?
Priced off the median sale price of $266,900 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $53,380 | $213,520 | $1,425/mo |
| 5% | $13,345 | $253,555 | $1,692/mo |
Redfin, through April 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $1,425, that implies roughly $61,065 a year before you add taxes and insurance. We do not hold a Census income figure for New Buffalo, so we cannot compare that threshold to local earnings.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in New Buffalo in the next 12 months?
Tell us your timeline. We send the New Buffalo market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in New Buffalo?
Zillow does not publish a rent index (ZORI) for New Buffalo, PA, so we cannot compute a price-to-rent ratio here without borrowing a nearby market's rents and calling them local — which we will not do. The rent vs. buy calculator works with a rent figure you supply.
Is inventory rising or falling in New Buffalo?
Active listings in New Buffalo, PA went from 1 in December 2021 to 1 in April 2026, a +0.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| December 2021 | 1 | 1 |
| August 2022 | 2 | not published |
| September 2022 | 1 | 1 |
| December 2022 | 2 | not published |
| September 2023 | 3 | 1 |
| January 2024 | 1 | 1 |
| February 2025 | 1 | not published |
| December 2025 | 1 | not published |
| April 2026 | 1 | not published |
Redfin, through April 2026
How does New Buffalo compare to Pennsylvania and the U.S.?
New Buffalo homes sell for $266,900 — 19% below the Pennsylvania median of $330,200. Against the national median of $410,700, New Buffalo runs 35% lower.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| New Buffalo, PA | $266,900 | not published | 6 days |
| Pennsylvania statewide | $330,200 | +5.3% | 30 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through April 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in New Buffalo
What buyers should watch
- Months of supply, currently 1.0. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The gap between 5% and 20% down here is $267 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $266,900 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median New Buffalo listing goes under contract in 6 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 107.2% of asking. Price at the number you want and let competition do the rest.
- Comparable ZIP-level pricing inside New Buffalo varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in New Buffalo
There are currently 1 homes listed for sale in New Buffalo, Pennsylvania.
Active listings
1
Homes on market
Avg. days on market
6
Days until sale
How much do homes cost in New Buffalo by property type?
How the New Buffalo, PA market breaks down across single-family homes, condos and townhouses. Redfin, through April 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $266,900 | $183/sq ft | 1 | 6 days |
Who lives in New Buffalo?
American Community Survey estimates for New Buffalo. U.S. Census ACS, 2023
Population
87
Households
39
Median age
46.6 years
Owner-occupied
59.0%
Median home value
$109,400
Median gross rent
$917/mo
Mean commute
34.8 min
59.0% of occupied homes in New Buffalo are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market.
Which cities are near New Buffalo, PA?
Ordered by distance from New Buffalo, not by size. Compare New Buffalo side by side with any of them.
New Buffalo housing market FAQ
Is New Buffalo a buyer's or seller's market?
New Buffalo, PA is currently a strong seller's market. That read comes from 1.0 months of supply, homes going under contract in about 6 days, and sellers getting 107.2% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in New Buffalo?
The median sale price in the last month Redfin published was $266,900, about $183 per square foot.
Is New Buffalo cheaper than the rest of Pennsylvania?
New Buffalo's median sale price of $266,900 is 19% lower than the Pennsylvania statewide median of $330,200, and 35% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in New Buffalo?
Homes in New Buffalo, PA spent a median of 6 days on market before going under contract, versus 30 days statewide. Under three weeks means well-priced listings move before most buyers can schedule a second showing. (Redfin, through May 2026.)
What income do you need to buy a home in New Buffalo?
At the current 30-year fixed rate of 7.03%, 20% down on a $266,900 home is about $1,425 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $61,065 a year before taxes, insurance, HOA dues or mortgage insurance.
Are home prices rising in New Buffalo?
We do not hold a complete 12-month value series for New Buffalo, PA yet, so we are not going to call a direction. The price chart above shows every period we do have.
What are the cheapest ZIP codes in New Buffalo?
New Buffalo ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in New Buffalo?
That depends on your timeline, not on a headline. What the data says today: New Buffalo, PA is a strong seller's market with 1.0 months of supply, the 30-year fixed rate is 7.03%. Properties Incorporated publishes the data; it does not give financial advice.
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One email: what homes are actually clearing at around $266,900, how long they sit, which ZIPs run cheaper, and what to fix on your credit before you apply.
