All Home Types
Buffalo, NY Housing Market
What is the housing market like in Buffalo today?
In November 2024, Buffalo home prices were up 17.9% compared to last year, selling for a median price of $206K. On average, homes in Buffalo sell after 16 days on the market compared to 18 days last year. There were 180 homes sold in November this year, down from 190 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$206,000
+17.9% YoY | Nov 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Nov 2024
Growth
% YoY
Buffalo, NY
$206,000
+17.9%
United States
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Buffalo Migration & Relocation Trends
In Sep '24 - Nov '24, 26% of Buffalo homebuyers searched to move out of Buffalo, while 74% looked to stay within the metropolitan area.
- Across the nation, 0.28% of homebuyers searched to move into Buffalo from outside metros.
- Rochester homebuyers searched to move into Buffalo more than any other metro followed by New York and Dallas.
Where are people moving to Buffalo from?
- 74% of Buffalo homebuyers searched to stay within the Buffalo metropolitan area.
- Detroit was the most popular destination among Buffalo homebuyers followed by Albany and Youngstown.
Where are people from Buffalo moving to?
Number of People Moving to Buffalo
least
most
People are moving to Buffalo from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 436 | ||
| 2 | 410 | ||
| 3 | 281 | ||
| 4 | 133 | ||
| 5 | 122 | ||
| 6 | 87 | ||
| 7 | 79 | ||
| 8 | 51 | ||
| 9 | 48 | ||
| 10 | 24 | ||
People are leaving Buffalo for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 67 | ||
| 2 | 59 | ||
| 3 | 47 | ||
| 4 | 44 | ||
| 5 | 37 | ||
| 6 | 35 | ||
| 7 | 33 | ||
| 8 | 26 | ||
| 9 | 26 | ||
| 10 | 24 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Buffalo.
Provided by First Street Foundation
Transportation in Buffalo
Learn about the walkability, bikeability, and transit-friendliness of Buffalo
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Bikeable
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