Buffalo Market Trends


Median Sales Price in Buffalo

 

1 yr 5 yr Max
Buffalo median sales prices
Number of sold homes in Buffalo
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms - - $50,000 $74,500 $77,100
3 bedrooms $35,000 -61.1% $93,500 $90,000 $89,500
4 bedrooms $134,500 +15.9% $72,290 $116,000 $92,520
All properties $113,184 +17.8% $85,000 $96,050 $86,000
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Summary for Buffalo


The median sales price for homes in Buffalo NY for Feb 15 to May 15 was $113,184. This represents an increase of 33.2%, or $28,184, compared to the prior quarter and an increase of 17.8% compared to the prior year. Sales prices have appreciated 31.6% over the last 5 years in Buffalo. The average listing price for Buffalo homes for sale on Trulia was $140,666 for the week ending May 27, which represents an increase of 4.1%, or $5,512, compared to the prior week and an increase of 5%, or $6,748, compared to the week ending May 06. Average price per square foot for Buffalo NY was $83, a decrease of 4.6% compared to the same period last year. Popular neighborhoods in Buffalo include North Park, Grant Ferry, Park Meadow, Forest, Front Park, and Starin Central.

Average Listing Price in Buffalo

 

Buffalo average property price
Buffalo – number of properties
No. Bedrooms Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
Week ending
May 6
1 bedroom $193,728 -1.7% $197,083 $178,658 $175,708
2 bedrooms $113,592 +14.4% $99,295 $115,630 $113,159
3 bedrooms $118,238 -2.1% $120,821 $115,088 $113,382
4 bedrooms $179,964 +8.3% $166,192 $182,223 $169,897
All properties $140,666 +4.1% $135,154 $140,111 $133,918
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Average Price Per Sqft. for Homes in Buffalo

 

1 yr 5 yr Max
Buffalo average price per square foot
No. Bedrooms Feb - May '15 y-o-y 3 months prior 1 year prior 5 years prior
1 bedroom - - - - -
2 bedrooms - - $82 $128 $82
3 bedrooms $51 -37.0% $73 $81 $69
4 bedrooms $104 +40.5% $58 $74 $64
All properties $83 -4.6% $71 $87 $68
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Popular Neighborhoods in Buffalo


Neighborhoods Week ending
May 27
w-o-w Week ending
May 20
Week ending
May 13
North Park 1 1 1
Grant Ferry 2 +2 4 8
Park Meadow 3 3 3
Forest 4 +1 5 18
Front Park 5 -3 2 2
Starin Central 6 +1 7 4
Homes for Sale in Buffalo
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