Aug 2026
$224K
+3.8% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Buffalo, NY
Daily-refreshed real estate signals + Three-Opinion home-price methodology for Buffalo, NY. Built for agents; free to read.
Buffalo, NY’s median sale price is $224K as of Aug 2026 — +3.8% year over year. Pecan Street tracks Buffalo with its Three-Opinion home-price methodology (Redfin, FHFA HPI, and Zillow ZHVI), with no market signals flagged right now.
Headline
Sep 18, 2026
7.04%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,196/mo
$51K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Buffalo compares to other U.S. metros
| Price-to-rent | ↓164th of 195 |
|---|---|
| Days on market | ↓164th of 194 |
| Home-price growth | ↑60th of 195 (top 31%) |
| Price cuts | ↓120th of 194 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 11 -9.0% YoY ↓164th of 195 |
|---|---|
| Asking price / sq ft | $185 -3.5% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Aug 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 35% +0.6 pts YoY ↓120th of 194 |
|---|---|
| New housing units permitted | 136 |
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Aug 2026. New housing units authorized by residential building permits in the metro that month — new supply in the pipeline, which counts of existing listings don't capture (US Census Bureau, Building Permits Survey), as of Jul 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 12 shown of 79 |
|---|---|
| MLS board of record | Buffalo Niagara Association of REALTORS |
| Price methodology | Three-Opinion · Redfin · FHFA HPI · Zillow ZHVI |
| Data as of | Aug 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
normal · 0.6ppRedfin (city) +3.8% | FHFA HPI · Q2 2026 +4.4% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
Market dispatches
Citable market dispatches for Buffalo → Latest dispatch: Jul 10, 2026.
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 14051 | $595K↑ | 46↑ | 36↑ | 12↑ | 45↑ | $546K↑ |
| 14075 | $355K↓ | 64↑ | 68↑ | 24↑ | 31↓ | $340K↑ |
| 14094 | $308K↓ | 86↑ | 48↓ | 36↑ | 38↓ | $272K↑ |
| 14127 | $630K↑ | 54↑ | 36↑ | 16↑ | 36↓ | $440K↑ |
| 14207 | $145K↓ | 67↑ | 16↓ | 20↑ | 91↑ | $168K↑ |
| 14211 | $150K↑ | 44↑ | 12↓ | 4↑ | 72↑ | $125K↑ |
| 14215 | $160K↑ | 84↑ | 28↓ | 8↑ | 58↑ | $153K↑ |
| 14221 | $427K↓ | 96↑ | 88↑ | 36↑ | 36↑ | $427K↑ |
| 14224 | $300K↓ | 50↑ | 48↑ | 20↓ | 24↓ | $304K↑ |
| 14225 | $245K↑ | 57↑ | 48↓ | 16↓ | 30↑ | $238K↑ |
| 14304 | $210K↓ | 50↑ | 40↑ | 16↑ | 33↑ | $210K↑ |
| 14305 | $120K↓ | 54↑ | 36↑ | 20↑ | 40↓ | $155K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.