Getzville, Buffalo, NY—14228
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Getzville, Buffalo, NY
As of Oct '25, the median home price in Getzville, Buffalo, NY is $338,000, with a year-over-year change of 3.3%. This indicates that home prices in Getzville, Buffalo, NY are increasing. According to Zillow, the 1-year price projection is 1.7%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $338,000 | 3.3% |
| Single Family | $351,000 | 3.2% |
| Condos | $179,000 | 0.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $156,000 | 2.6% |
2 Bed | $218,000 | 1.9% |
3 Bed | $331,000 | 3.1% |
4 Bed | $466,000 | 5.0% |
| 5 Bed | $517,000 | 5.5% |
% of Housing Stock
Rental Trends — Getzville, Buffalo, NY
As of July '25, Rentcast reports the average rent in Getzville, Buffalo, NY is $1,720, with a year-over-year rent change of -2.8%. Per bedroom, the median rent as of July '25 in Getzville, Buffalo, NY is studios: $2,010, 1-bedrooms: $1,310, 2-bedrooms: $1,660, 3-bedrooms: $1,840, 4-bedrooms: $2,580. The most common rental property sizes in Getzville, Buffalo, NY are 2-bedroom and 3-bedroom, accounting for 37.7% and 26.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,660 | $1,720 |
| Studio Rent | $2,010 | $2,010 |
| 1 Bed Rent | $1,320 | $1,310 |
| 2 Bed Rent | $1,600 | $1,660 |
| 3 Bed Rent | $1,700 | $1,840 |
| 4 Bed Rent | $2,500 | $2,580 |
% of Rental Stock
Property Listings — Getzville, Buffalo, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Getzville, Buffalo, NY is 52. This is a increase of 19.0% 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 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $296,000 | -10.0% |
Listing Count | 72 | 41.0% |
| Listings as % of Homes | 0.2% | 41.0% |
Days on Market | 52 | 19.0% |
Demographics — Getzville, Buffalo, NY
As of the latest ACS Survey released in 2023, Getzville, Buffalo, NY has a population of 24,300, which has increased by 10.1% over the past 5 years. Getzville, Buffalo, NY is a moderately popular place for families, as children make up 18.7% of the population. The area has a highly educated workforce, with 48.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 13.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,300 | 10.1% |
% Under 18 | 18.7% | 0.5% |
% Seniors | 17.0% | 10.4% |
% WFH | 13.3% | 533.3% |
% w/ College Degree | 48.8% | -2.6% |
As of the latest ACS Survey released in 2023, Getzville, Buffalo, NY is a predominantly white area, with 73.9% of the population identifying as white. The white population has grown by 5.0% in the last 5 years. The second most common race or ethnicity in Getzville, Buffalo, NY is asian, making up 13.4% of the population. Foreign-born residents account for 17.3% of the population in Getzville, Buffalo, NY, and this percentage has increased by 2.4% 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 | 73.9% | 5.0% |
% Black | 5.4% | -42.6% |
% Hispanic | 5.1% | 0.0% |
% Asian | 13.4% | 3.9% |
% Foreign Born | 17.3% | 2.4% |
Mortgage and Risk — Getzville, Buffalo, NY
According to HUD data as of 2023, there were 392 mortgage originations in Getzville, Buffalo, NY, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 63.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Getzville, Buffalo, NY. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 392 |
% Conventional Loans | 91.0% |
% Government Loans | 9.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Getzville, Buffalo, NY
As of 2024, the percent of homes in Getzville, Buffalo, NY under the Section 8 program is 22.7%. 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. 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Getzville, Buffalo, NY, because HUD payments exceed market rent, while 1-bedroom and 2-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,133 |
Total Units Section 8 | 1,077 |
% Rentals under Section 8 | 22.7% |
% Occupied Section 8 | 90.3% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$40 | $1,320 | $1,280 |
| 2 Bedroom | -$90 | $1,600 | $1,510 |
| 3 Bedroom | $150 | $1,700 | $1,850 |
| 4 Bedroom | -$410 | $2,500 | $2,090 |
Affordability — Getzville, Buffalo, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 4.1 |
| Median Home Price | $338,000 |
| Median Household Income | $72,400 |