Riverside, Buffalo, NY—14207
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Riverside, Buffalo, NY
As of Oct '25, the median home price in Riverside, Buffalo, NY is $156,000, with a year-over-year change of -2.2%. This indicates that home prices in Riverside, Buffalo, NY are decreasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $156,000 | -2.2% |
| Single Family | $156,000 | -1.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $143,000 | -1.4% |
3 Bed | $156,000 | -2.5% |
4 Bed | $154,000 | -1.9% |
| 5 Bed | $169,000 | 0.0% |
% of Housing Stock
Rental Trends — Riverside, Buffalo, NY
As of July '25, Rentcast reports the average rent in Riverside, Buffalo, NY is $1,190, with a year-over-year rent change of 9.2%. Per bedroom, the median rent as of July '25 in Riverside, Buffalo, NY is studios: $2,000, 1-bedrooms: $1,130, 2-bedrooms: $1,070, 3-bedrooms: $1,260, 4-bedrooms: $1,440. The most common rental property sizes in Riverside, Buffalo, NY are 3-bedroom and 2-bedroom, accounting for 35.5% and 33.0% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,190 |
| Studio Rent | $2,000 | $2,000 |
| 1 Bed Rent | $995 | $1,130 |
| 2 Bed Rent | $1,050 | $1,070 |
| 3 Bed Rent | $1,270 | $1,260 |
| 4 Bed Rent | $1,350 | $1,440 |
% of Rental Stock
Property Listings — Riverside, Buffalo, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Riverside, Buffalo, NY is 58. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $152,000 | -1.0% |
Listing Count | 56 | 3.0% |
| Listings as % of Homes | 0.3% | 3.0% |
Days on Market | 58 | 10.0% |
Demographics — Riverside, Buffalo, NY
As of the latest ACS Survey released in 2023, Riverside, Buffalo, NY has a population of 25,700, which has increased by 8.1% over the past 5 years. Riverside, Buffalo, NY is a popular place for families, as children make up 28.2% of the population. The area has a poorly educated workforce, with 18.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 25,700 | 8.1% |
% Under 18 | 28.2% | -4.7% |
% Seniors | 9.1% | 11.0% |
% WFH | 5.9% | 145.8% |
% w/ College Degree | 18.6% | 23.2% |
As of the latest ACS Survey released in 2023, Riverside, Buffalo, NY is a predominantly white area, with 39.5% of the population identifying as white. The white population has shrunk by 11.4% in the last 5 years. The second most common race or ethnicity in Riverside, Buffalo, NY is hispanic, making up 23.2% of the population. Foreign-born residents account for 19.5% of the population in Riverside, Buffalo, NY, and this percentage has increased by 3.7% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 39.5% | -11.4% |
% Black | 17.8% | 9.2% |
% Hispanic | 23.2% | 6.9% |
% Asian | 14.8% | 29.8% |
% Foreign Born | 19.5% | 3.7% |
Mortgage and Risk — Riverside, Buffalo, NY
According to HUD data as of 2023, there were 180 mortgage originations in Riverside, Buffalo, NY, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 75.0%, with 43.0% above 90% LTV (very high). This implies large mortgage risk in Riverside, Buffalo, NY. Investor activity is low, as 6.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 180 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 6.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Riverside, Buffalo, NY
As of 2024, the percent of homes in Riverside, Buffalo, NY under the Section 8 program is 16.3%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Riverside, Buffalo, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,638 |
Total Units Section 8 | 1,149 |
% Rentals under Section 8 | 16.3% |
% Occupied Section 8 | 83.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$95 | $995 | $900 |
| 2 Bedroom | $0 | $1,050 | $1,050 |
| 3 Bedroom | $20 | $1,270 | $1,290 |
| 4 Bedroom | $100 | $1,350 | $1,450 |
Affordability — Riverside, Buffalo, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $156,000 |
| Median Household Income | $39,000 |