Buffalo, NY 14207 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

Property Taxes

Liquidity & Velocity

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 of 166,000, which, in close proximity to the median listing price of 163,900, suggests recent transaction values are largely aligned with seller expectations; up price momentum is noted in available trend data.
2. The median days on market of 291 points to slower sales velocity and suggests pricing friction or a deliberate listing strategy; given the neutral market temperature this appears to reflect a balanced liquidity environment rather than extreme market stress.
3. Market supply in the analyzed sample appears as relatively constrained active supply versus recent sales, which may support price stability and limits rapid downward pressure on transaction prices; this dynamic, combined with long days on market, suggests measured buyer activity and selective transactions.
4. Rents are rising with a median market rent of 1,150 and an upward rent year-over-year trend, while financing remains challenged by higher borrowing costs—Current 30-year fixed mortgage rates in the 14207 area average approximately 6.53%—indicating elevated interest rate pressure that may temper buyer affordability and transaction pace.

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.