Buffalo, NY 14201 Real Estate Market Report

Market Overview

This analysis is based on a sample of properties from this ZIP code (up to 200 sold properties and up to 100 active properties). The median prices below are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Market Metrics

The property counts shown above represent only the properties analyzed in this report sample, not the total inventory for this ZIP code. Median prices are calculated from all available properties in the sample, while trend analysis uses properties from the selected analysis window.

Rental Market

Note: The relationship between property values and rental rates reflects different market dynamics. Higher-priced properties may have lower rental yields due to factors such as luxury market positioning, owner-occupancy preferences, or long-term appreciation strategies rather than immediate rental income maximization.

Property Taxes

Liquidity & Velocity

Note: A Sale-to-List Ratio near 100% can occur when properties sell at or near their final listing price after price adjustments during the listing period, even when initial listing prices differ significantly from sale prices.

Market Trends & Context

Note: Interest rate comparisons provide market context. The existing "Interest Rate Pressure" metric above shows the qualitative market impact.

Key Findings

1. The neighborhood's primary market indicator is the median sold price: $359,000, which reflects recent transaction values and supports modest price appreciation given the up year-over-year price trend.
2. Despite the transaction prices, liquidity shows signs of slower velocity: the median days on market: 284 suggests prolonged listing-to-sale timelines and may indicate pricing friction or buyer selectivity rather than rapid turnover.
3. Supply dynamics in the analyzed sample point to relatively constrained active supply, which, combined with a median price per square foot: $223, suggests sellers can maintain pricing discipline for well-positioned SFR and condo stock while buyers face limited immediate options.
4. Rental market signals are supportive of investor considerations: the median market rent: $1,225 and a up rent year-over-year trend suggest growing rental demand, though moderate interest rate pressure and current 30-year fixed mortgage rates averaging approximately 6.5% may temper near-term acquisition activity.

Notable Properties

The following 8 properties represent notable market examples and recent transactions that illustrate key market dynamics. These are illustrative examples selected for their significance (top sales, market benchmarks, quick sales) and are not the basis for the statistical calculations shown above.