Is Tonawanda, NY 14150 a buyer’s or seller’s market?

The Tonawanda housing market right now

In the three months ending August 31, 2026, 77% of homes in Tonawanda, NY 14150 sold above their list price, the typical home went under contract in 9 days and there were 0.8 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 141 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 82%, homes sold about as fast and the median sale price held steady to $264,885. Overall, Tonawanda is less competitive than a year ago, which gives buyers more room.

Within Erie County, homes here sell faster than in 67% of the county’s ZIP codes, and sell more often over asking than in 82%. On our competition score, Tonawanda ranks #25 of 649 NY ZIP codes with enough sales (score 99 out of 100).

Nearby, buyers who want less competition could look at Buffalo 14203 (0% sold over asking) or Bowmansville 14026 (0% sold over asking), while Colden 14033 (100% sold over asking) and East Concord 14055 (100% sold over asking) are even more competitive.