Buffalo, NY 14213 Real Estate Market Report

ZIP Code: 14213
Report Date: May 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.

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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

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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.

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Key Findings

1. The neighborhood's primary market indicator, the median sold price, is 229,900, which serves as the best reflection of recent transaction-level market value and appears consistent with the median listing price of 229,000, suggesting sellers' expectations are aligning closely with realized sale prices; hot market conditions support this alignment.

2. The median price per square foot is 153 while the median market rent is 1,300; with both the price year-over-year trend and rent year-over-year trend noted as up, these signals point to strengthening local pricing and rental fundamentals that may appeal to investors focused on income growth potential.

3. The median days on market is 319, indicating notably slower sales velocity relative to typical fast-turn markets; this extended time-to-contract may indicate pricing friction, buyer search time, or a segmented market even as the marketTemperature is described as hot.

4. Market temperature is characterized as hot while interest rate pressure is described as moderate; combined with relatively constrained active supply in the analyzed sample, this suggests persistent upward price support but also potential buyer-side financing headwinds that could temper transaction volume.

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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.