Buffalo, NY Housing Market

$238,695

3.2% 1-yr

The average Buffalo, NY home value is $238,695, up 3.2% over the past year and goes to pending in around 9 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Buffalo Key Takeaways

Typical Home Values: $238,695

1-year Value Change: +3.2%

(Data through May 31, 2025)

Buffalo Housing Market Overview

--1-year Market Forecast

628For sale inventory(May 31, 2025)

336New listings(May 31, 2025)

1.017Median sale to list ratio(April 30, 2025)

$218,333Median sale price(April 30, 2025)

$222,283Median list price(May 31, 2025)

58.3%Percent of sales over list price(April 30, 2025)

34.6%Percent of sales under list price(April 30, 2025)

9Median days to pending(May 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Buffalo

NameMedian ZHVI
Schiller Park$115,592
Emerson$70,120
Genesee Moselle$90,930
Lovejoy$127,206
MLK Park$93,511
Sloan$187,680
Broadway-Fillmore$76,970
Grider$106,008
Kenfield$130,424

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Buffalo Homes for Sale

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Buffalo Rental Market Trends

$1,404Average rent in Buffalo(May 31, 2025)

$2,049National average rent(May 31, 2025)

0.1%Month-over-month change(May 31, 2025)

3.6%Year-over-year change(May 31, 2025)

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.