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Market Snapshot

Median listing price
$139K

The median listing price in Buffalo, NY ZIP 14212 is $139,150 as of June 2026.

Median rent
$1,200/mo

The median market rent in Buffalo, NY ZIP 14212 is $1,200/month as of June 2026.

Days on market
337 days

The median days on market in Buffalo, NY ZIP 14212 is 337 days as of June 2026. The market is currently neutral.

Gross rental yield
10.35%

At a median list price of $139,150 and a median rent of $1,200/month, the gross rental yield in Buffalo, NY ZIP 14212 is 10.35% as of June 2026.

STR vs LTR
$1,116/mo STR · $1,200/mo LTR

In Buffalo, NY ZIP 14212, median Airbnb revenue is $1,116/month compared to median long-term rent of $1,200/month as of June 2026.

Buffalo, NY 14212 Real Estate Market Report

ZIP Code: 14212

Report Date: June 2026

Market Temperature:
NEUTRAL

Scope: This ZIP code analysis focuses on single-family residential (SFR) properties. Metrics are calculated from recent sales and active listings within the past 90 days.


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.

Analysis Window
90 Days
Total Properties Analyzed
46
Active Listings
4
Sold Properties
42

Market Metrics

Median Listing Price
$139,150
Median Sold Price
$149,000
Median Price per Sqft
$128/sqft

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

Median Market Rent
$1,200

Property Taxes

Property Tax Rate
0.81%

Liquidity & Velocity

Median Days on Market
337
Sale-to-List Ratio
100.0%

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.

Price YoY Trend
up
Market Temperature
neutral
Rent YoY Trend
up
Interest Rate Pressure
elevated

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in the Buffalo, NY market are averaging approximately 6.5%, reflecting a stable interest rate environment for property owners in this area.

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 149,000, which anchors local valuation and signals modest price appreciation consistent with the broader price year-over-year trend being up.
  2. Liquidity appears slow: the median days on market of 337 points to extended time-to-close and suggests pricing friction or careful buyer selection rather than rapid turnover, even as overall market temperature is described as neutral.
  3. Market unit economics show a median price per square foot of 128 alongside a median market rent of 1,200, which indicates rent growth (rent year-over-year trend is up) supporting long-term holding cases while sales remain measured.
  4. Interest-rate headwinds are present: interest rate pressure is elevated, with local 30-year fixed mortgage rates averaging approximately 6.5%, a factor that may constrain purchaser qualification and reinforce the observed slower sales velocity despite relatively constrained active supply in the analyzed sample.

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.

Recent Transactions

69 Lackawanna Ave, Buffalo, NY 14212
Top Sale

Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.

3 beds1 baths2,187 sqft
$295,111
Apr 1, 2026
$135/sqft/sqft
305 days on market
121 Halstead Ave, Sloan, NY 14212
Value

Sold below market average

4 beds1 baths2,236 sqft
$255,000
Apr 1, 2026
$114/sqft/sqft
216 days on market
215 Curtiss St, Buffalo, NY 14212
Premium

Sold above market average

3 beds1 baths1,160 sqft
$240,000
Apr 1, 2026
$207/sqft/sqft
250 days on market
145 Roland St, Buffalo, NY 14212
Premium

Sold above market average

3 beds1 baths968 sqft
$180,000
Apr 1, 2026
$186/sqft/sqft
178 days on market
43 Boll St, Buffalo, NY 14212
Value

Sold below market average

4 beds1 baths1,552 sqft
$177,000
Apr 1, 2026
$114/sqft/sqft
321 days on market
189 Gates St, Buffalo, NY 14212
Market Benchmark

Sold at market average

2 beds1 baths1,392 sqft
$175,000
Mar 1, 2026
$126/sqft/sqft
401 N Ogden St, Buffalo, NY 14212
Value

Sold below market average

2 beds1 baths1,361 sqft
$91,338
Mar 1, 2026
$67/sqft/sqft
103 Quincy St, Buffalo, NY 14212
Value

Sold below market average

2 beds1 baths1,083 sqft
$80,000
Mar 1, 2026
$74/sqft/sqft

Investment Analysis

Compare rental income potential against ownership costs and benchmark against market averages.

Rent vs Cost to Own

Monthly rental income vs estimated ownership cost

$300/mo
14212 Avg Rent
14212 Cost to Own
Rent$1,200
Own$900

20% down, 6.53% rate, 0.8% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

14212 Avg nightly rate
14212 Avg occupancy (days/year)
Nightly rate$133/night
Occupancy91 of 365 days

Data Sources

Real estate market data & public records, and GemHaus® proprietary models.

Report generated: 6/1/2026

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