Is North Tonawanda, NY 14120 a buyer’s or seller’s market?
North Tonawanda is a seller’s market. With about 1.2 months of supply and 77% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 100% of U.S. ZIP codes, and #38 of 649 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The North Tonawanda housing market right now
In the three months ending August 31, 2026, 77% of homes in North Tonawanda, NY 14120 sold above their list price, the typical home went under contract in 9 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 120 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 70%, homes sold about as fast and the median sale price rose 8% to $284,877. Overall, North Tonawanda is more competitive than a year ago, so tougher for buyers.
Within Niagara County, homes here sell faster than in 72% of the county’s ZIP codes, and sell more often over asking than in 89%. On our competition score, North Tonawanda ranks #38 of 649 NY ZIP codes with enough sales (score 98 out of 100).
Nearby, buyers who want less competition could look at Olcott 14126 (0% sold over asking) or Lewiston 14092 (35% sold over asking), while Niagara Falls 14302 (100% sold over asking) and Sanborn 14132 (92% sold over asking) are even more competitive.
Run the numbers for 14120
Nearby markets
Appleton 14008Seller’s market $184 /sq ftBarker 14012Seller’s market $232 /sq ftBurt 14028Seller’s market $153 /sq ftGasport 14067Seller’s market $174 /sq ft Browse all markets →Towns like North Tonawanda nearby
Find towns like North Tonawanda in other states →Where North Tonawanda is
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Questions about North Tonawanda real estate
Is North Tonawanda a buyer’s or seller’s market?
A seller’s market: there were 1.2 months of supply in North Tonawanda, NY 14120 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in North Tonawanda?
The typical home went under contract in 9 days in the latest three months.
Do homes in North Tonawanda sell over asking?
77% of homes sold above their original list price, and the typical sale closed at 108.6% of the list price.
What are property taxes in North Tonawanda?
About 2.19% of a home’s value a year in Niagara County, or roughly $8,760 on a $400,000 home.
What is the median home price in North Tonawanda?
The median sale price was $284,877 in the three months ending August 31, 2026, about $215 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology