Market Snapshot
- Median listing price
- $154K
- Median rent
- $1,350/mo
- Days on market
- 298 days
- Gross rental yield
- 10.52%
- STR vs LTR
- $1,455/mo STR · $1,350/mo LTR
The median listing price in Buffalo, NY ZIP 14215 is $154,000 as of June 2026.
The median market rent in Buffalo, NY ZIP 14215 is $1,350/month as of June 2026.
The median days on market in Buffalo, NY ZIP 14215 is 298 days as of June 2026. The market is currently neutral.
At a median list price of $154,000 and a median rent of $1,350/month, the gross rental yield in Buffalo, NY ZIP 14215 is 10.52% as of June 2026.
In Buffalo, NY ZIP 14215, median Airbnb revenue is $1,455/month compared to median long-term rent of $1,350/month as of June 2026.
Buffalo, NY 14215 Real Estate Market Report
ZIP Code: 14215
Report Date: June 2026
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.
Market Metrics
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
Property Taxes
Liquidity & Velocity
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.
Key Findings
- The primary market indicator, median sold price: $155,000, shows recent transaction-level valuation for the neighborhood and suggests modest price support relative to asking levels; listing activity sits close to this level with a median listing price: $154,000, which may indicate limited pricing friction between offers and asks.
- Despite price trends moving up, the market exhibits slow liquidity as reflected by a median days on market: 298, which suggests slower sales velocity and that sellers may need longer marketing periods to reach contract. Caution advised for timing-sensitive dispositions.
- Rental fundamentals appear supportive for investors: median market rent: $1,350 combined with a median price per square foot: $125 signals rent growth (rent year-over-year trend: up) while prices are also trending up; this alignment may support longer-term yield stability rather than immediate arbitrage. rental demand strengthening
- Market context is broadly balanced (market temperature: neutral) with moderate macro headwinds from borrowing costs (interest rate pressure: moderate); this combination suggests the neighborhood may continue to experience measured appreciation rather than rapid acceleration or sharp declines. balanced conditions
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
Highest sale in the past 90 days. Fully renovated with modern finishes and premium lot positioning.
Sold above market average
Sold above market average
Sold above market average
Sold at market average
Representative market sale establishing baseline for properties in the core neighborhood.
Sold below market average
Sold below market average
Investment Analysis
Compare rental income potential against ownership costs and benchmark against market averages.
Monthly rental income vs estimated ownership cost
20% down, 6.50% rate, 0.7% tax
Avg nightly rate and occupancy for this ZIP
Data Sources
Real estate market data & public records, and GemHaus® proprietary models.
Report generated: 6/1/2026
Get personalized market intelligence
Explore real-time property analysis in Buffalo, NY: valuations, rental estimates, costs, and pro-forma projections.