Is Buffalo, NY 14227 a buyer’s or seller’s market?

The Buffalo housing market right now

In the three months ending August 31, 2026, 75% of homes in Buffalo, NY 14227 sold above their list price, the typical home went under contract in 11 days and there were 1.2 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 71 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 79%, homes sold more slowly (9 days then) and the median sale price held steady to $284,877. Overall, Buffalo is less competitive than a year ago, which gives buyers more room.

Within Erie County, homes here sell more slowly than in 60% of the county’s ZIP codes, and sell more often over asking than in 75%. On our competition score, Buffalo ranks #44 of 649 NY ZIP codes with enough sales (score 98 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.