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

The Buffalo, NY (ZIP: 14210) real estate market has demonstrated robust activity, with the median sold price currently at $177,450. This reflects a strong market dynamic, as homes are frequently selling above their asking prices. The market has increased up since the previous year, indicating positive momentum in property values. The median days on market stands at 294, suggesting a slower sales velocity, which may indicate a level of pricing friction in the current market environment.

Despite the elevated inventory levels relative to sales activity, the market remains characterized as hot. The median listing price of $157,400 shows a notable gap compared to the sold price, which may suggest seller expectations are not fully aligned with current buyer sentiment. The median market rent is reported at $1,309, reflecting steady demand in the rental sector and contributing to the overall positive economic momentum in the area.

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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 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 average 6.11%, which is slightly higher than the typical 5.875% seen for similar loans originated earlier in 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 indicates strong buyer interest and market activity, with homes selling above asking prices.

2. The median days on market of 294 suggests a slower sales velocity, which may indicate pricing friction in the market.

3. The median listing price of $157,400 presents a significant gap compared to the sold price, suggesting seller expectations may be misaligned with buyer sentiment.

4. The market is characterized as hot, indicating strong demand despite elevated inventory levels relative to sales activity.

5. The median market rent of $1,309 shows steady growth, supporting the positive economic momentum in Buffalo.

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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.