Is Buffalo, NY 14203 a buyer’s or seller’s market?
Buffalo is a buyer’s market. With about 35.2 months of supply, buyers usually have more time and more room to negotiate on price and terms.
The Buffalo housing market right now
In the three months ending August 31, 2026, 0% of homes in Buffalo, NY 14203 sold above their list price, the typical home went under contract in 0 days and there were 35.2 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. With only 1 sale, these figures can swing a lot from month to month.
Compared with the same period a year earlier, the share selling over asking was about the same (0% then), homes sold faster (47 days then) and the median sale price rose 14% to $395,829. Overall, Buffalo is more competitive than a year ago, so tougher for buyers.
Within Erie County, homes here sell faster, and less often over asking, than in any other ZIP code in the county.
Nearby, Colden 14033 (100% sold over asking) and East Concord 14055 (100% sold over asking) are even more competitive.
Run the numbers for 14203
Nearby markets
Akron 14001Seller’s market $199 /sq ftAlden 14004Seller’s market $224 /sq ftAngola 14006Seller’s market $184 /sq ftBoston 14025Seller’s market $248 /sq ft Browse all markets →Where Buffalo is
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Questions about Buffalo real estate
Is Buffalo a buyer’s or seller’s market?
A buyer’s market: there were 35.2 months of supply in Buffalo, NY 14203 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 Buffalo?
The typical home went under contract in 0 days in the latest three months.
Do homes in Buffalo sell over asking?
0% of homes sold above their original list price, and the typical sale closed at 100.0% of the list price.
What are property taxes in Buffalo?
About 1.98% of a home’s value a year in Erie County, or roughly $7,920 on a $400,000 home.
What is the median home price in Buffalo?
The median sale price was $395,829 in the three months ending August 31, 2026, about $258 per square foot.
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More tools for 14203
Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology