Buffalo, NY Home Values & Market Trends
Real estate market trends reflect that there have been 6,278 transactions over the past year in Buffalo. The median value for residential home transactions that occurred over the previous year is $257,361. The number of current listings in Buffalo is 7,946, and the percentage of properties for sale in the city is 7946.00%. Buffalo, NY currently has 1,386 properties in foreclosure, 12 bank owned properties, 35 properties headed for auction, and 7,946 properties for sale.
Buffalo, NY Real Estate Market Overview
| Zip | Median Est. Value | Zip | Median Est. Value |
|---|---|---|---|
| 14221 | $ 419,900 $ 221/sqft | 14218 | $ 224,900 $ 168/sqft |
| 14225 | $ 240,352 $ 191/sqft | 14214 | $ 269,900 $ 170/sqft |
| 14224 | $ 301,338 $ 200/sqft | 14213 | $ 189,900 $ 131/sqft |
| 14215 | $ 163,816 $ 125/sqft | 14210 | $ 176,255 $ 123/sqft |
| 14226 | $ 303,472 $ 215/sqft | 14219 | $ 258,571 $ 201/sqft |
| 14223 | $ 259,950 $ 200/sqft | 14212 | $ 169,679 $ 144/sqft |
| 14227 | $ 278,013 $ 213/sqft | 14208 | $ 174,649 $ 107/sqft |
| 14217 | $ 262,300 $ 194/sqft | 14222 | $ 567,377 $ 235/sqft |
| 14220 | $ 232,515 $ 175/sqft | 14201 | $ 329,900 $ 207/sqft |
| 14206 | $ 179,184 $ 131/sqft | 14209 | $ 305,646 $ 234/sqft |
| 14207 | $ 154,900 $ 112/sqft | 14204 | $ 164,999 $ 117/sqft |
| 14228 | $ 359,850 $ 218/sqft | 14202 | $ 660,419 $ 305/sqft |
| 14216 | $ 374,950 $ 222/sqft | 14203 | $ 349,900 $ 245/sqft |
| 14211 | $ 129,900 $ 96/sqft |
Housing Market Summary for Buffalo, NY
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $217.1K | $234.1K | 7.84% |
| Median Sold Price | $248.7K | $237.2K | -4.62% |
| Homes For Sale | 3,766 | 7,750 | 105.79% |
| Homes Sold | 2,162 | 1,430 | -33.86% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Buffalo, NY
Browse Homes in Buffalo, NY
Buffalo home values range from $14,604 to $2,866,587. The median estimated value of a home in Buffalo is $257,361. The median list price of a home is 234,382.224, and the total count of properties in the city is 11,881.
- Pre-ForeclosurePre-foreclosure homes account for 11.27% of all residential properties in Buffalo, NY with 14215 containing 151 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 27 zips within Buffalo, NY; of those zips, the estimated home value for pre-foreclosure homes ranges from $368,708 in 14202 to the lowest home value of $26,994 in 14207.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Buffalo, NY ranges from the highest value of $253,260 in 14228 to the lowest value of $89,061 in 14213. Bank owned homes and properties account for 0.10% of properties in Buffalo, NY. There are 27 zips within Buffalo, NY; 14224 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions14225 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Buffalo, NY. Auction homes and other auction properties account for 0.29% of all properties in Buffalo, NY. There are 27 zips within Buffalo, NY; of those zips, the median estimated home value for homes going to auction ranges from $357,733 in 14226 to the lowest value of $56,644 in 14226.
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Guide for Buffalo, NY
New York Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
