Is Buffalo, NY 14225 a buyer’s or seller’s market?
Buffalo is a seller’s market. With about 2.2 months of supply and 78% 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 98% of U.S. ZIP codes, and #114 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
The Buffalo housing market right now
In the three months ending August 31, 2026, 78% of homes in Buffalo, NY 14225 sold above their list price, the typical home went under contract in 10 days and there were 2.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 118 home sales.
Compared with the same period a year earlier, the share selling over asking was about the same (76% then), homes sold about as fast and the median sale price rose 6% to $254,890. Overall, Buffalo is about as competitive as it was a year ago.
Within Erie County, homes here sell more slowly than in 54% of the county’s ZIP codes, and sell more often over asking than in 84%. On our competition score, Buffalo ranks #114 of 649 NY ZIP codes with enough sales (score 94 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.
Run the numbers for 14225
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 2.2 months of supply in Buffalo, NY 14225 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 10 days in the latest three months.
Do homes in Buffalo sell over asking?
78% of homes sold above their original list price, and the typical sale closed at 110.1% 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 $254,890 in the three months ending August 31, 2026, about $202 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