Is Buffalo, NY 14211 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Buffalo is a balanced market. With about 4.5 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score77/ 100

More competitive than 82% of U.S. ZIP codes, and #313 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

Months of supply4.5Under 4 months = seller’s market
Sold above original list51.8%Share of sales, last 3 months
Median sale-to-list102%Sold price ÷ list price
Median days on market18Listing to accepted offer
Median price per sq ft$99▲ +10.0% vs. last year

The Buffalo housing market right now

In the three months ending August 31, 2026, 52% of homes in Buffalo, NY 14211 sold above their list price, the typical home went under contract in 18 days and there were 4.5 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 58 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (52% then), homes sold faster (20 days then) and the median sale price rose 10% to $164,929. Overall, Buffalo is about as competitive as it was a year ago.

Within Erie County, homes here sell more slowly than in 89% of the county’s ZIP codes, and sell less often over asking than in 84%. On our competition score, Buffalo ranks #313 of 649 NY ZIP codes with enough sales (score 77 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.

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 balanced market: there were 4.5 months of supply in Buffalo, NY 14211 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 18 days in the latest three months.

Do homes in Buffalo sell over asking?

52% of homes sold above their original list price, and the typical sale closed at 102.0% 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 $164,929 in the three months ending August 31, 2026, about $99 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