Buffalo, NY 14210 Real Estate Market Report

ZIP Code: 14210
Report Date: February 2026
Market Temperature: HOT
Scope: Single-Family Residential (SFR) listings and comps only

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Executive Overview

As of February 2026, the real estate market in Buffalo, NY (ZIP: 14210) is characterized by a median sold price of $177,450, reflecting a competitive environment for buyers and sellers alike. The neighborhood has increased up since 2023, indicating a robust demand for housing despite some signs of slowing growth. Homes are selling at a median price per square foot of $125.63, which suggests a solid valuation in the current market context.

The market is experiencing elevated inventory levels, with a notable 298 days on the market for sold properties, indicating a slower sales velocity. This may suggest that while demand remains strong, the supply dynamics are creating a longer time frame for transactions to close. The median listing price stands at $172,400, which is slightly below the median sold price, hinting at potential pricing friction as sellers adjust expectations in response to market conditions.

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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.

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Market Metrics

Note: 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.

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Rental Market

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Property Taxes

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Liquidity & Velocity

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Market Trends & Context

Understanding Market Temperature

A Hot market indicates strong buyer demand with limited inventory, typically characterized by rising prices, quick sales (low days on market), and inventory levels below historical averages.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Buffalo, NY market are around 5.750% to 6.000%, which is slightly lower than the New York state average of 6.13% reported for late February 2026.

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

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Key Findings

1. The median sold price of $177,450 reflects strong market activity, indicating sustained buyer interest in Buffalo.

2. With 298 days on the market, properties are experiencing slower sales velocity, suggesting a need for strategic pricing adjustments by sellers.

3. The median listing price of $172,400 is slightly lower than the sold price, indicating potential pricing friction as sellers navigate market expectations.

4. The median market rent of $1,309 is also on the rise, reflecting increasing rental demand in the area.

5. Current mortgage rates of 5.750% to 6.000% are slightly below the state average, which may provide moderate interest rate pressure on buyer affordability.

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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.