Buffalo, NY 14210 Real Estate Market Report

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

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Executive Overview

As of April 2026, the real estate market in Buffalo, NY (ZIP: 14210) is characterized by a median sold price of $175,000, reflecting a stable market with a slight upward trend. The neighborhood has increased 15% since 2023, indicating a strengthening market despite the current economic pressures. The median listing price stands at $144,900, suggesting that seller expectations may be slightly misaligned with actual market conditions, as the gap between listing and sold prices could create pricing friction for potential buyers.

The market appears to be experiencing elevated inventory levels, with 340 median days on market, indicating slower sales velocity. This extended time frame may suggest a more balanced buyer-seller dynamic, where buyers have options and sellers may need to adjust their expectations. The overall market temperature is neutral, with moderate transaction volume, while the rental market is under upward price pressure, with a median market rent of $1,309. Elevated interest rate pressure, with current mortgage rates averaging 6.38%, may also be influencing buyer behavior and market activity.

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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

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.

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Market Trends & Context

Understanding Market Temperature

A Neutral market indicates balanced conditions where neither buyers nor sellers have a strong advantage, typically characterized by flat price trends, extended but stable days on market, and moderate inventory relative to sales.

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Buffalo, NY are averaging 6.38% as of March 26, 2026, which is 0.25% higher than the 6.13% average seen in March 2025.

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 $175,000 indicates a strong market trend, having increased 15% since 2023, suggesting strengthening values.

2. With 340 median days on market, the market shows signs of slower sales velocity, reflecting a balanced buyer-seller dynamic.

3. The median listing price of $144,900 indicates potential pricing friction, as it is lower than the sold price, suggesting caution for sellers.

4. The rental market is experiencing upward pressure, with a median market rent of $1,309, indicating growing demand for rental properties.

5. Current mortgage rates averaging 6.38% reflect elevated interest rate pressure, which may impact buyer affordability and market activity.

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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.