Buffalo Market Overview
-
No. of residential properties
-
66,603
-
No. of commercial properties
-
3,353
-
No. of upcoming foreclosures
-
3
-
No. of foreclosures in the past 12 months
-
75
Residential sales stats in Buffalo
|
Q4/2021 |
Q1/2022 |
Q2/2022 |
Q3/2022 |
Median sale price |
$90,000 |
$80,000 |
$85,000 |
$105,000 |
No. of transactions |
1,142 |
910 |
858 |
893 |
Commercial sales stats in Buffalo
|
Q4/2021 |
Q1/2022 |
Q2/2022 |
Q3/2022 |
Sales volume |
$15M |
$14M |
$10M |
$11M |
No. of transactions |
60 |
56 |
43 |
42 |
Largest transactions closed last year in Buffalo
Address |
Sale price |
Sale date |
10 Laird |
$1,980,000 |
12/09/2021 |
120 Lincoln |
$1,956,801 |
07/08/2021 |
6 Lincoln |
$1,900,000 |
04/12/2021 |
28 La Force |
$1,760,000 |
12/09/2021 |
360 Depew Ave |
$1,690,000 |
11/07/2022 |
Homes with high property taxes in Buffalo
Address |
Tax amount |
Tax year |
1207 South Park |
$3,121,950 |
2023 |
11 Black Rock Hbr |
$2,801,750 |
2023 |
3425 Main |
$2,129,330 |
2023 |
1 Seymour H Knox Iii |
$1,937,210 |
2023 |
338 Grider |
$1,601,000 |
2023 |
Buffalo Demographics
Economic/Employment in Buffalo
Average household income |
$85,007 |
White collar |
71.65% |
Blue collar |
28.35% |
Housing in Buffalo
Family households |
72.2% |
Households with kids |
36.48% |
Housing units |
2980 |
Occupied housing units |
2822 |
Owner occupied units |
75.09% |
Average number of people per household |
3 |
Median year structure built |
1986 |
Houses with motgage |
55.59% |
Wealth in Buffalo
Median value for units with a mortgage |
$214,500 |
Median value for units without a mortgage |
$203,700 |
Median gross rent |
$932 |
Median housing costs per month |
$1,156 |
Population in poverty |
8.68% |
Nearby cities
Name |
Median Sale Price |
Franklinville |
$47,115 |
Irondequoit |
$159,900 |
Pelham |
$840,500 |
This page was last updated on 2023-03-24