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Buffalo, NY skylinePhoto: Quintin Soloviev · CC BY 4.0
Housing in Buffalo

1,916 homes sold in Buffalo in the last year, at a typical $216K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Buffalo homes are listed.

Homes sold
1,916
June 2025 to May 2026
Typical sale price
$216K
houses $213K · condos $292K
Price per square foot
$128
New York $434
Paid vs. asking
102.8%
54% sold over asking
For sale now
583
May 2026 · 129 sold that month
What sold · last 12 months

5% of Buffalo’s sales are condos, at $79K more than a house

1001 houses and 94 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$213K

typical sale · 1001 sold in 12 months

Per square foot
$154NY $316
Days to sell
19
Sold over asking
59%
Listings with a price cut
22%
Condos$292K

typical sale · 94 sold in 12 months

Per square foot
$260NY $832
Days to sell
59
Sold over asking
15%
Listings with a price cut
24%
Fewer sales

Multi-family (2–4 units): 687 sold, typical $209K
Townhouses: 134 sold, typical $251K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 2.8 times the 2016 price

1,916 sales in the last year, against 2,320 in 2021 and a low of 1,477 in 2012. The typical sale went from $77K in 2016 to $216K.

Homes soldTypical sale price
0587117517622350$75K$150K$225K$300K2012: 1477 sold, typical $66K’122013: 1720 sold, typical $64K2014: 1820 sold, typical $68K’142015: 1833 sold, typical $71K2016: 1982 sold, typical $77K’162017: 2160 sold, typical $88K2018: 2289 sold, typical $100K’182019: 2157 sold, typical $113K2020: 1968 sold, typical $127K’202021: 2320 sold, typical $160K2022: 2221 sold, typical $179K’222023: 2002 sold, typical $180K2024: 2028 sold, typical $191K’242025: 2007 sold, typical $211KLast 12 months: 1916 sold, typical $216KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $200K buys in Buffalo

Houseat $154 a sq ft
Condoat $260 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

Check a listing against what Buffalo homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Buffalo are more common than before the pandemic, and more homes are for sale

We read every month of Buffalo’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 1,916 sales.

If you’re buying in Buffalo

  • Shop in October. It brings about 236 new listings a month, close to the busiest month, with fewer bidding wars (45% over asking).
  • Some room to negotiate. 22% of listings cut their price, about as many as before the pandemic.
  • Expect to bid over asking. Buyers paid 102.8% of the list price on average; 54% paid over.
  • You’ll usually have time. Only 42% of homes go under contract within two weeks; the typical one takes 22 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

July has the most new listings (about 290 a month), and the most competition: 52% close over asking. September and October offer nearly as much choice with fewer homes bid up (50%). February has the least competition (35%) but only about 157 new listings.

New listings a monthShare sold over asking
073.8147.5221.329520%40%60%Sweet spotJan: 152 new listings a month, 41% sold over asking, 34 days to sellJFeb: 157 new listings a month, 35% sold over asking, 40 days to sellFMar: 204 new listings a month, 39% sold over asking, 42 days to sellMApr: 216 new listings a month, 42% sold over asking, 36 days to sellAMay: 268 new listings a month, 47% sold over asking, 26 days to sellMJun: 281 new listings a month, 50% sold over asking, 25 days to sellJJul: 290 new listings a month, 52% sold over asking, 22 days to sellJAug: 277 new listings a month, 50% sold over asking, 22 days to sellASep: 262 new listings a month, 50% sold over asking, 21 days to sellSOct: 236 new listings a month, 45% sold over asking, 24 days to sellONov: 192 new listings a month, 46% sold over asking, 21 days to sellNDec: 123 new listings a month, 44% sold over asking, 25 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Nearly as heated as 2021, and hotter than New York

Buffalo now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price54%38%59%41%
Gone within two weeksShare of homes under contract within 14 days42%43%58%26%
Listings with a price cutShare of homes for sale that cut their price22%22%22%20%
Price paid vs. askingAverage sale price ÷ list price102.8%99%105.6%101%
Days to sellMedian days from listing to contract22271341
Supply

495 homes for sale on a typical day

That’s 1.7 times the 2021 low (288), 16% more than in 2017–19 and well under 2012’s 978.

2012: 978 for sale’122013: 843 for sale2014: 771 for sale2015: 700 for sale’152016: 607 for sale2017: 463 for sale2018: 394 for sale’182019: 424 for sale2020: 314 for sale2021: 288 for sale’212022: 360 for sale2023: 404 for sale2024: 397 for sale’242025: 443 for saleLast 12 months: 495 for saleNow
Room to negotiate

1 in 4 listings has cut its price

22% in the last year, against 22% in 2017–19 and 20% across New York.

2015: 16%’152016: 15%2017: 17%2018: 25%’182019: 26%2020: 20%2021: 22%’212022: 23%2023: 23%2024: 22%’242025: 23%Last 12 months: 22%Now
Prices by type

Since 2019, houses are up 85%, condos 3%

A house typically sold for $213K in the last year (1001 sales), a condo for $292K (94).

$100K$200K$300K$400K2013201520172019202120232025NowHouses 2013: $71K, 893 salesHouses 2014: $73K, 980 salesHouses 2015: $76K, 998 salesHouses 2016: $83K, 1094 salesHouses 2017: $93K, 1178 salesHouses 2018: $99K, 1211 salesHouses 2019: $115K, 1179 salesHouses 2020: $131K, 1098 salesHouses 2021: $162K, 1234 salesHouses 2022: $173K, 1179 salesHouses 2023: $179K, 1058 salesHouses 2024: $188K, 1092 salesHouses 2025: $205K, 1027 salesHouses last 12 months: $213K, 1001 salesHouses $213KCondos 2013: $176K, 71 salesCondos 2014: $162K, 65 salesCondos 2015: $271K, 41 salesCondos 2016: $297K, 56 salesCondos 2017: $312K, 66 salesCondos 2018: $246K, 68 salesCondos 2019: $284K, 56 salesCondos 2020: $216K, 42 salesCondos 2021: $225K, 79 salesCondos 2022: $338K, 85 salesCondos 2023: $362K, 79 salesCondos 2024: $245K, 93 salesCondos 2025: $307K, 102 salesCondos last 12 months: $292K, 94 salesCondos $292K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across New York

Buffalo ranks 191st of 362 busy New York markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Buffalo is in the middle of the pack.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Buffalo home costs about $1,305 a month

Mortgage
Property tax
Insurance
Rent

Price: Buffalo’s typical sale, last 12 months. Property tax at Buffalo’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Buffalo is affordable on local pay is on Cost of living.

Before you buy in Buffalo

Six things worth knowing

290

New listings in July

The month with the most choice. December has the fewest, about 123.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $216K home, about $2,140 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Buffalo, from test results, graduation and how much students grow.

Schools in Buffalo
20 min

Typical commute

The average one-way trip to work for people who live in Buffalo.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Kenmore, Eggertsville, Cheektowaga and Tonawanda for far more

The busier markets within 25 miles of Buffalo, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Buffalo1,916$216K$12854%22
Cheektowaga823$248K$18672%13
Tonawanda686$265K$20072%12
Kenmore181$265K$17667%16
Eggertsville168$283K$20062%17
Lackawanna113$205K$13265%18
Sloan53$194K$14558%29

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Buffalo, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Buffalo. People who follow the town see it, and so do people comparing Buffalo with their own town. No commission, no listing fee.

Questions about buying a home in Buffalo

What do homes sell for in Buffalo, NY?

1,916 homes sold in the year to May 2026 at a typical $216K, $128 a square foot. Houses sold for about $213K, condos for about $292K.

Is Buffalo a buyer’s or seller’s market?

A balanced market: 583 homes were for sale in May 2026 and 129 sold, about 4.5 months of supply. Buyers paid 102.8% of asking on average, and 22% of listings cut their price.

When is the best time to buy in Buffalo?

July brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Buffalo?

About 1% of a home’s value a year. On a $216K home that’s near $2,140.

Where can I see homes for sale in Buffalo?

Zillow, Redfin, Realtor.com and Homes.com all carry Buffalo’s MLS listings; the search links above open each one filtered to Buffalo.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).