Is Buffalo, NY 14209 a buyer’s or seller’s market?
Buffalo is a seller’s market. With about 3.7 months of supply and 57% 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 84% of U.S. ZIP codes, and #265 of 624 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 July 31, 2026. See the breakdown
The Buffalo housing market right now
In the three months ending August 31, 2026, 57% of homes in Buffalo, NY 14209 sold above their list price, the typical home went under contract in 23 days and there were 3.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 14 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 62%, homes sold more slowly (15 days then) and the median sale price fell 17% to $362,343. Overall, Buffalo is less competitive than a year ago, which gives buyers more room.
Within Erie County, homes here sell more slowly than in 96% of the county’s ZIP codes, and sell less often over asking than in 74%.
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.
Run the numbers for 14209
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 →Towns like Buffalo nearby
Find towns like Buffalo in other states →Where Buffalo is
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Questions about Buffalo real estate
Is Buffalo a buyer’s or seller’s market?
A seller’s market: there were 3.7 months of supply in Buffalo, NY 14209 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 23 days in the latest three months.
Do homes in Buffalo sell over asking?
57% of homes sold above their original list price, and the typical sale closed at 103.7% 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 $362,343 in the three months ending August 31, 2026, about $157 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