Local home value data · Buffalo, NY
What's my home worth in Buffalo, NY?
Buffalo is still one of the more affordable cities in the Northeast, and its housing market is among the faster ones we track, with homes selling in about two weeks on average.
Is Buffalo a buyer's or seller's market?
Leaning seller's. Redfin rates Buffalo 80/100 (very competitive), based on how quickly homes sell, how often they get multiple offers, and how close they sell to list price.
What this means if you're selling in Buffalo
A median sale price of $230,000, up 2.8% year-over-year, is moderate growth, but demand is clearly strong: homes average about 15 days on market and draw around three offers. Buyers should expect competition on well-priced homes, and sellers have a favorable setting, though pricing near recent comparable sales still gives the best results.
How Buffalo compares
Buffalo has the lowest median of the 8 markets shown, and sits 43% below the U.S. median.
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Is Buffalo a buyer's or seller's market right now?
It favors sellers. The Redfin Compete Score is 80 out of 100, homes receive about three offers on average, and they sell in roughly 15 days, only slightly slower than 13 days a year ago. Price growth is steady at 2.8%, to a median of $230,000, so competition is showing up more in speed and offers than in big price jumps.
How fast do homes sell in Buffalo?
Quickly. Over the three months ending August 2026, the average Buffalo home sold after 15 days on market, compared with 13 days in the same period last year.
How accurate is the Buffalo median for my neighborhood?
The $230,000 citywide median may not match what homes on your street sell for, since prices differ widely between Buffalo neighborhoods. For an estimate based on your own home and nearby recent sales, request a free home value report, which is reviewed by a local agent.
Home values in nearby markets
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Market data (median sale price, year-over-year change, days on market, and buyer competition) sourced from Redfin, trailing 3-month data as of August 2026. Figures are approximate, change frequently, and are not a substitute for a formal appraisal or a local agent's comparative market analysis. Read more about how home value estimates work.