Cheektowaga, Buffalo, NY—14225
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Cheektowaga, Buffalo, NY
As of Oct '25, the median home price in Cheektowaga, Buffalo, NY is $226,000, with a year-over-year change of 3.0%. This indicates that home prices in Cheektowaga, Buffalo, NY are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $226,000 | 3.0% |
| Single Family | $226,000 | 3.2% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $195,000 | 3.7% |
3 Bed | $227,000 | 3.2% |
4 Bed | $242,000 | 3.4% |
| 5 Bed | $266,000 | 3.5% |
% of Housing Stock
Rental Trends — Cheektowaga, Buffalo, NY
As of July '25, Rentcast reports the average rent in Cheektowaga, Buffalo, NY is $1,620, with a year-over-year rent change of 8.0%. Per bedroom, the median rent as of July '25 in Cheektowaga, Buffalo, NY is studios: $3,600, 2-bedrooms: $1,310, 3-bedrooms: $1,830, 4-bedrooms: $2,000. The most common rental property sizes in Cheektowaga, Buffalo, NY are 2-bedroom and 3-bedroom, accounting for 59.6% and 22.4% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,500 | $1,620 |
| Studio Rent | $3,600 | $3,600 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,300 | $1,310 |
| 3 Bed Rent | $1,650 | $1,830 |
| 4 Bed Rent | $1,800 | $2,000 |
% of Rental Stock
Property Listings — Cheektowaga, Buffalo, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Cheektowaga, Buffalo, NY is 50. This is a increase of 8.0% 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $219,000 | 4.0% |
Listing Count | 135 | 40.0% |
| Listings as % of Homes | 0.3% | 40.0% |
Days on Market | 50 | 8.0% |
Demographics — Cheektowaga, Buffalo, NY
As of the latest ACS Survey released in 2023, Cheektowaga, Buffalo, NY has a population of 33,800, which has increased by 1.4% over the past 5 years. Cheektowaga, Buffalo, NY is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 28.7% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 33,800 | 1.4% |
% Under 18 | 19.6% | 10.1% |
% Seniors | 18.7% | 6.9% |
% WFH | 10.8% | 575.0% |
% w/ College Degree | 28.7% | 18.1% |
As of the latest ACS Survey released in 2023, Cheektowaga, Buffalo, NY is a predominantly white area, with 74.0% of the population identifying as white. The white population has shrunk by 5.7% in the last 5 years. The second most common race or ethnicity in Cheektowaga, Buffalo, NY is black, making up 13.1% of the population. Foreign-born residents account for 6.4% of the population in Cheektowaga, Buffalo, NY, and this percentage has increased by 39.1% 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 | 74.0% | -5.7% |
% Black | 13.1% | -5.1% |
% Hispanic | 3.8% | 26.7% |
% Asian | 2.6% | 18.2% |
% Foreign Born | 6.4% | 39.1% |
Mortgage and Risk — Cheektowaga, Buffalo, NY
According to HUD data as of 2023, there were 607 mortgage originations in Cheektowaga, Buffalo, NY, of which 81.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 25.0% above 90% LTV (very high). This implies large mortgage risk in Cheektowaga, Buffalo, NY. Investor activity is low, as 2.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 607 |
% Conventional Loans | 81.0% |
% Government Loans | 19.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 12.0% |
Loan Activity
Rentals and Section 8 — Cheektowaga, Buffalo, NY
Cheektowaga, Buffalo, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 448 |
Total Units Section 8 | 380 |
% Rentals under Section 8 | 8.6% |
% Occupied Section 8 | 80.4% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $930 |
| 2 Bedroom | -$210 | $1,300 | $1,090 |
| 3 Bedroom | -$320 | $1,650 | $1,330 |
| 4 Bedroom | -$290 | $1,800 | $1,510 |
Affordability — Cheektowaga, Buffalo, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3 |
| Median Home Price | $226,000 |
| Median Household Income | $65,600 |