Buffalo52728

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$155,000
2.5% YoY Growth
Median Household Income
$74,300
34.9% 5-Year Growth
Days on Market
43
84.0% Shorter than last year
Home Price Forecast
-0.3%
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Other Zip Codes in Buffalo

Property Listings — Buffalo

As of Oct '25, Realtor.com reports that the median days on market for a home in Buffalo is 43. This is a decrease of -84.0% 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 50.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$114,000-21.0%
Listing Count
4160.0%
Listings as % of HomesN/A160.0%
Days on Market
43-84.0%
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Demographics — Buffalo

As of the latest ACS Survey released in 2023, Buffalo has a population of 987, which has decreased by -6.4% over the past 5 years. Buffalo is a popular place for families, as children make up 29.5% of the population. The area has a poorly educated workforce, with 9.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.5% reporting working from home.

MetricLatest CensusYoY % Change
Population
987-6.4%
% Under 18
29.5%44.6%
% Seniors
14.7%4.3%
% WFH
3.5%-66.3%
% w/ College Degree
9.8%53.1%
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As of the latest ACS Survey released in 2023, Buffalo is a predominantly white area, with 86.5% of the population identifying as white. The white population has shrunk by 6.3% in the last 5 years. The second most common race or ethnicity in Buffalo is hispanic, making up 5.5% of the population. Foreign-born residents account for 1.1% of the population in Buffalo, and this percentage has decreased by 26.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
86.5%-6.3%
% Black
0.9%-25.0%
% Hispanic
5.5%52.8%
% Asian
0.0%-100.0%
% Foreign Born
1.1%-26.7%
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Mortgage and Risk — Buffalo

Buffalo lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Buffalo

Buffalo lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
3
Total Units Section 8
3
% Rentals under Section 8
1.1%
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$720
2 BedroomN/AN/A$890
3 BedroomN/AN/A$1,160
4 BedroomN/AN/A$1,370

Affordability — Buffalo

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.9
Median Home Price$155,000
Median Household Income$74,300

Buffalo — ZIP Code Boundary Map

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Frequently Asked Questions