Parkside, Buffalo, NY—14214
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Parkside, Buffalo, NY
As of Oct '25, the median home price in Parkside, Buffalo, NY is $280,000, with a year-over-year change of 3.1%. This indicates that home prices in Parkside, Buffalo, NY are increasing. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $280,000 | 3.1% |
| Single Family | $281,000 | 3.3% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $212,000 | 3.9% |
3 Bed | $245,000 | 2.5% |
4 Bed | $330,000 | 3.4% |
| 5 Bed | $390,000 | 2.9% |
% of Housing Stock
Rental Trends — Parkside, Buffalo, NY
As of July '25, Rentcast reports the average rent in Parkside, Buffalo, NY is $1,510, with a year-over-year rent change of 2.0%. Per bedroom, the median rent as of July '25 in Parkside, Buffalo, NY is studios: $911, 1-bedrooms: $994, 2-bedrooms: $1,450, 3-bedrooms: $1,620, 4-bedrooms: $1,690. The most common rental property sizes in Parkside, Buffalo, NY are 3-bedroom and 2-bedroom, accounting for 32.7% and 24.3% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,510 |
| Studio Rent | $933 | $911 |
| 1 Bed Rent | $950 | $994 |
| 2 Bed Rent | $1,180 | $1,450 |
| 3 Bed Rent | $1,550 | $1,620 |
| 4 Bed Rent | $1,650 | $1,690 |
% of Rental Stock
Property Listings — Parkside, Buffalo, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Parkside, Buffalo, NY is 80. This is a decrease of -11.0% 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $270,000 | 11.0% |
Listing Count | 41 | 20.0% |
| Listings as % of Homes | 0.2% | 20.0% |
Days on Market | 80 | -11.0% |
Demographics — Parkside, Buffalo, NY
As of the latest ACS Survey released in 2023, Parkside, Buffalo, NY has a population of 21,200, which has increased by 7.0% over the past 5 years. Parkside, Buffalo, NY is a moderately popular place for families, as children make up 17.6% of the population. The area has a highly educated workforce, with 46.3% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,200 | 7.0% |
% Under 18 | 17.6% | 2.3% |
% Seniors | 13.3% | 9.0% |
% WFH | 11.1% | 113.5% |
% w/ College Degree | 46.3% | 2.4% |
As of the latest ACS Survey released in 2023, Parkside, Buffalo, NY is a predominantly white area, with 47.4% of the population identifying as white. The white population has shrunk by 4.4% in the last 5 years. The second most common race or ethnicity in Parkside, Buffalo, NY is black, making up 32.0% of the population. Foreign-born residents account for 14.0% of the population in Parkside, Buffalo, NY, and this percentage has increased by 16.7% 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 | 47.4% | -4.4% |
% Black | 32.0% | -2.7% |
% Hispanic | 6.8% | 17.2% |
% Asian | 10.8% | 17.4% |
% Foreign Born | 14.0% | 16.7% |
Mortgage and Risk — Parkside, Buffalo, NY
According to HUD data as of 2023, there were 237 mortgage originations in Parkside, Buffalo, NY, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 65.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in Parkside, Buffalo, NY. Investor activity is low, as 3.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 237 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 3.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — Parkside, Buffalo, NY
As of 2024, the percent of homes in Parkside, Buffalo, NY under the Section 8 program is 11.1%. 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. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in Parkside, Buffalo, NY, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 769 |
Total Units Section 8 | 538 |
% Rentals under Section 8 | 11.1% |
% Occupied Section 8 | 81.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $120 | $950 | $1,070 |
| 2 Bedroom | $80 | $1,180 | $1,260 |
| 3 Bedroom | -$10 | $1,550 | $1,540 |
| 4 Bedroom | $90 | $1,650 | $1,740 |
Affordability — Parkside, Buffalo, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.3 |
| Median Home Price | $280,000 |
| Median Household Income | $56,600 |