Genesee Moselle, Buffalo, NY14211

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$110,000
0.6% YoY Growth
Median Household Income
$34,500
30.2% 5-Year Growth
Days on Market
48
9.0% Longer than last year
Home Price Forecast
2.5%
Median Rent
$1,250
3.3% YoY Growth
1-Bed Rent
$875
10.3% YoY Growth
2-Bed Rent
$1,100
2.9% YoY Growth
3-Bed Rent
$1,250
13.2% YoY Growth

Property Listings — Genesee Moselle, Buffalo, NY

As of Oct '25, Realtor.com reports that the median days on market for a home in Genesee Moselle, Buffalo, NY is 48. This is a increase of 9.0% 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 8.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$133,0004.0%
Listing Count
4843.0%
Listings as % of Homes0.3%43.0%
Days on Market
489.0%
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Demographics — Genesee Moselle, Buffalo, NY

As of the latest ACS Survey released in 2023, Genesee Moselle, Buffalo, NY has a population of 24,000, which has increased by 9.4% over the past 5 years. Genesee Moselle, Buffalo, NY is a popular place for families, as children make up 31.3% of the population. The area has a poorly educated workforce, with 15.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.

MetricLatest CensusYoY % Change
Population
24,0009.4%
% Under 18
31.3%15.1%
% Seniors
12.4%2.5%
% WFH
7.6%261.9%
% w/ College Degree
15.5%17.4%
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As of the latest ACS Survey released in 2023, Genesee Moselle, Buffalo, NY is a predominantly black area, with 59.6% of the population identifying as black. The black population has shrunk by 17.5% in the last 5 years. The second most common race or ethnicity in Genesee Moselle, Buffalo, NY is asian, making up 19.8% of the population. Foreign-born residents account for 17.0% of the population in Genesee Moselle, Buffalo, NY, and this percentage has increased by 107.3% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
9.1%-38.1%
% Black
59.6%-17.5%
% Hispanic
9.4%176.5%
% Asian
19.8%214.3%
% Foreign Born
17.0%107.3%
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Mortgage and Risk — Genesee Moselle, Buffalo, NY

According to HUD data as of 2023, there were 175 mortgage originations in Genesee Moselle, Buffalo, NY, of which 79.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 29.0% above 90% LTV (very high). This implies large mortgage risk in Genesee Moselle, Buffalo, NY. Investor activity is low, as 2.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
175
% Conventional Loans
79.0%
% Government Loans
21.0%
% Investor Loans
2.0%
% Second Loans
0.0%
% Cash Out Refinance
8.0%

Loan Activity

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Rentals and Section 8 — Genesee Moselle, Buffalo, NY

As of 2024, the percent of homes in Genesee Moselle, Buffalo, NY under the Section 8 program is 20.2%. 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. In Genesee Moselle, Buffalo, NY, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.

Section 8 Market Size

Total Units under HUD
1,372
Total Units Section 8
1,008
% Rentals under Section 8
20.2%
% Occupied Section 8
81.0%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$85$875$960
2 Bedroom$30$1,100$1,130
3 Bedroom$130$1,250$1,380
4 Bedroom$60$1,500$1,560

Affordability — Genesee Moselle, Buffalo, NY

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio2.8
Median Home Price$110,000
Median Household Income$34,500

Genesee Moselle, Buffalo, NY — ZIP Code Boundary Map

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Frequently Asked Questions