Buffalo, NY 14211 Real Estate Market Report

ZIP Code: 14211
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 Buffalo, NY (ZIP: 14211) housing market is characterized by a median sold price of $120,000, reflecting a competitive landscape with strong upward price pressure. This market has seen consistent growth, with prices trending up year-over-year. The median listing price stands at $135,750, indicating a notable gap between seller expectations and actual transaction values, which may suggest pricing friction in the market.

Transaction activity appears robust, although the median days on market is 265, indicating a slower sales velocity. This extended timeframe may reflect elevated inventory levels relative to sales activity, leading to a more cautious approach from buyers. Overall, the market remains hot, driven by strong demand and limited supply, despite some fluctuations in monthly price data.

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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 14211 area are around 5.97% compared to recent averages of 5.50% seen 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 $120,000 indicates strong market activity, with prices showing an up trend year-over-year.

2. With a median listing price of $135,750, there is a notable gap that may indicate pricing friction between sellers and buyers.

3. The median days on market of 265 suggests a slower sales velocity, which may reflect moderate transaction volume in the current market.

4. The median market rent of $1,309 demonstrates robust rental demand, contributing to overall market strength and stability.

5. Current mortgage rates around 5.97% compared to earlier averages suggest moderate interest rate pressure, which may influence buyer behavior.

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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.