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Market Snapshot

Median listing price
$138K

The median listing price in Buffalo, NY ZIP 14213 is $137,500 as of June 2026.

Median rent
$1,400/mo

The median market rent in Buffalo, NY ZIP 14213 is $1,400/month as of June 2026.

Days on market
300 days

The median days on market in Buffalo, NY ZIP 14213 is 300 days as of June 2026. The market is currently hot.

Gross rental yield
12.22%

At a median list price of $137,500 and a median rent of $1,400/month, the gross rental yield in Buffalo, NY ZIP 14213 is 12.22% as of June 2026.

STR vs LTR
$2,780/mo STR · $1,400/mo LTR

In Buffalo, NY ZIP 14213, median Airbnb revenue is $2,780/month compared to median long-term rent of $1,400/month as of June 2026.

Buffalo, NY 14213 Real Estate Market Report

ZIP Code: 14213

Report Date: June 2026

Market Temperature:
HOT

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
51
Active Listings
8
Sold Properties
43

Market Metrics

Median Listing Price
$137,500
Median Sold Price
$175,000
Median Price per Sqft
$135/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
$1,400

Property Taxes

Property Tax Rate
0.81%

Liquidity & Velocity

Median Days on Market
300
Sale-to-List Ratio
100.0%

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.


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.

Price YoY Trend
up
Market Temperature
hot
Rent YoY Trend
up
Interest Rate Pressure
moderate

Current Mortgage Rate Context

Market-level mortgage rate comparison for this area:

Current 30-year fixed mortgage rates in Buffalo NY are averaging 6.5%, which is consistent with the prevailing market rates for loans originated throughout 2026.

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 median sold price is 175,000 and serves as the primary indicator of realized market value; recent transaction activity and a hot market temperature suggest sellers are generally achieving above-list outcomes in many completed deals.
  2. The median days on market is 300, which signals slower sales velocity and may indicate longer decision cycles or transaction friction despite overall price strength; this appears to reflect pacing issues rather than weak pricing given the elevated median sold price.
  3. The median listing price is 137,500, creating a notable spread versus the median sold price that may reflect seller pricing strategies and pricing friction between asking expectations and completed sales.
  4. The median market rent is 1,400 and rent trends are up while interest rate pressure is described as moderate, indicating strengthening rental demand that supports investor interest but with financing costs remaining a moderating factor.

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

288 Baynes St, Buffalo, NY 14213
Top Sale

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

4 beds2 baths2,289 sqft
$500,000
Apr 1, 2026
$218/sqft/sqft
221 days on market
116 Dorchester Rd, Buffalo, NY 14213
Premium

Sold above market average

4 beds1 baths2,133 sqft
$470,000
Apr 1, 2026
$220/sqft/sqft
249 days on market
141 Baynes St, Buffalo, NY 14213
Premium

Sold above market average

4 beds1 baths2,530 sqft
$440,000
Apr 1, 2026
$174/sqft/sqft
368 days on market
84 Brayton St, Buffalo, NY 14213
Premium

Sold above market average

3 beds1 baths1,262 sqft
$215,000
Apr 1, 2026
$170/sqft/sqft
223 days on market
74 Baynes St, Buffalo, NY 14213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

4 beds2 baths1,075 sqft
$195,925
Apr 1, 2026
$182/sqft/sqft
201 days on market
210 Congress St, Buffalo, NY 14213
Market Benchmark

Representative market sale establishing baseline for properties in the core neighborhood.

3 beds1 baths1,561 sqft
$192,000
Apr 1, 2026
$123/sqft/sqft
280 days on market
606 Grant St, Buffalo, NY 14213
Value

Sold below market average

4 beds2 baths1,560 sqft
$75,000
Apr 1, 2026
$48/sqft/sqft
475 days on market
153 Garner Ave, Buffalo, NY 14213
Value

Sold below market average

2 beds1 baths864 sqft
$70,653
Apr 1, 2026
$82/sqft/sqft
472 days on market

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

$343/mo
14213 Avg Rent
14213 Cost to Own
Rent$1,400
Own$1,057

20% down, 6.53% rate, 0.8% tax

Short-Term Rental

Avg nightly rate and occupancy for this ZIP

14213 Avg nightly rate
14213 Avg occupancy (days/year)
Nightly rate$183/night
Occupancy188 of 365 days

Data Sources

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

Report generated: 6/1/2026

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