Buffalo, NY housing market
The typical Buffalo home is worth about $249,000, up 2.9% in a year, 53% below the New York typical home. Homes typically sell in 21 days, a little above asking.
Home values, sales, trends and how Buffalo compares with the towns next door — updated as new data is published.
Buffalo at a glance
A balanced market
About 4.5 months of supply: neither buyers nor sellers have a clear edge.
Typical home value, 2016–2026
Show as a table
| January | Buffalo | New York |
|---|---|---|
| 2017 | $104,000 | $298,000 |
| 2018 | $117,000 | $317,000 |
| 2019 | $133,000 | $337,000 |
| 2020 | $146,000 | $353,000 |
| 2021 | $169,000 | $379,000 |
| 2022 | $188,000 | $417,000 |
| 2023 | $209,000 | $437,000 |
| 2024 | $223,000 | $458,000 |
| 2025 | $236,000 | $489,000 |
| 2026 | $245,000 | $510,000 |
| August 2026 | $249,000 | $527,000 |
Buffalo and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| Buffalo | $249K | +2.9% | 21 | $50,041 |
| Cheektowaga | — | — | 10 | $69,239 |
| Eggertsville | — | — | — | $82,767 |
| West Seneca | — | — | 10 | $79,709 |
| Amherst | — | — | 9 | $93,483 |
| Lackawanna | — | — | 10 | $52,110 |
| Tonawanda Town | — | — | 10 | $77,679 |
5 years of income
The typical Buffalo home costs about 5 years of the town's median household income, less than across New York (6.1 years).
How Buffalo ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.