Seneca Babcock, Buffalo, NY14210

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$175,000
8.5% YoY Growth
Median Household Income
$51,100
31.6% 5-Year Growth
Days on Market
26
39.0% Shorter than last year
Home Price Forecast
2.7%
Median Rent
$1,200
0.0% YoY Growth
1-Bed Rent
$900
17.1% YoY Growth
2-Bed Rent
$1,150
0.8% YoY Growth
3-Bed Rent
$1,300
8.9% YoY Growth

Property Listings — Seneca Babcock, Buffalo, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Seneca Babcock, Buffalo, NY is 26. This is a decrease of -39.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$180,0001.0%
Listing Count
15-47.0%
Listings as % of Homes0.3%-47.0%
Days on Market
26-39.0%
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Demographics — Seneca Babcock, Buffalo, NY

As of the latest ACS Survey released in 2023, Seneca Babcock, Buffalo, NY has a population of 15,500, which has increased by 5.0% over the past 5 years. Seneca Babcock, Buffalo, NY is a moderately popular place for families, as children make up 19.8% of the population. The area has a poorly educated workforce, with 18.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.4% reporting working from home.

MetricLatest CensusYoY % Change
Population
15,5005.0%
% Under 18
19.8%-14.7%
% Seniors
18.0%52.5%
% WFH
7.4%572.7%
% w/ College Degree
18.9%27.7%
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As of the latest ACS Survey released in 2023, Seneca Babcock, Buffalo, NY is a predominantly white area, with 78.6% of the population identifying as white. The white population has grown by 3.1% in the last 5 years. The second most common race or ethnicity in Seneca Babcock, Buffalo, NY is black, making up 8.5% of the population. Foreign-born residents account for 2.4% of the population in Seneca Babcock, Buffalo, NY, and this percentage has decreased by 35.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
78.6%3.1%
% Black
8.5%1.2%
% Hispanic
7.1%-33.0%
% Asian
1.3%-18.8%
% Foreign Born
2.4%-35.1%
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Mortgage and Risk — Seneca Babcock, Buffalo, NY

According to HUD data as of 2023, there were 152 mortgage originations in Seneca Babcock, Buffalo, NY, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 73.0%, with 34.0% above 90% LTV (very high). This implies large mortgage risk in Seneca Babcock, Buffalo, NY. Investor activity is low, as 7.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
152
% Conventional Loans
73.0%
% Government Loans
27.0%
% Investor Loans
7.0%
% Second Loans
0.0%
% Cash Out Refinance
13.0%

Loan Activity

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Rentals and Section 8 — Seneca Babcock, Buffalo, NY

As of 2024, the percent of homes in Seneca Babcock, Buffalo, NY under the Section 8 program is 7.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Seneca Babcock, Buffalo, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 3-bedroom units do not.

Section 8 Market Size

Total Units under HUD
403
Total Units Section 8
317
% Rentals under Section 8
7.8%
% Occupied Section 8
80.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$0$900$900
2 Bedroom-$100$1,150$1,050
3 Bedroom-$10$1,300$1,290
4 Bedroom$70$1,380$1,450

Affordability — Seneca Babcock, Buffalo, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$175,000
Median Household Income$51,100

Seneca Babcock, Buffalo, NY — ZIP Code Boundary Map

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Frequently Asked Questions