Is Buffalo, NY 14218 a buyer’s or seller’s market?

The Buffalo housing market right now

In the three months ending August 31, 2026, 63% of homes in Buffalo, NY 14218 sold above their list price, the typical home went under contract in 19 days and there were 3.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 33 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 67%, homes sold more slowly (10 days then) and the median sale price rose 8% to $248,642. Overall, Buffalo is less competitive than a year ago, which gives buyers more room.

Within Erie County, homes here sell more slowly than in 91% of the county’s ZIP codes, and sell less often over asking than in 63%. On our competition score, Buffalo ranks #244 of 649 NY ZIP codes with enough sales (score 86 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.