The Buffalo housing market is very competitive. Over the three months, homes in Buffalo receive 5 offers on average and sell in around 30 days. The median sale price of a home in Buffalo was $205K over the last 3 months, up 3.1% since the same period last year. The median sale price per square foot in Buffalo is $128, up 1.2% since last year.
Over the three months ending May 2026, Buffalo home prices were up 3.1% compared to the same period last year, selling for a median price of $205K. On average, homes in Buffalo sell after 30 days on the market compared to 16 days last year. There were 395 homes sold in May this year, down from 452 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$204,877
+3.1% YoY | May 2026
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2026
Growth
% YoY
Buffalo, NY
$204,877
+3.1%
United States
To compare other locations to the Buffalo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Buffalo's median sale price is 46% lower than the national average. Overall cost of living in Buffalo is 2% lower than the national average. Learn which home features in Buffalo add value to a home.
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How hot is the Buffalo housing market?
Buffalo is very competitive. Homes sell in 18 days.
0
100
74
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 18 days.
Hot homes
can sell for about 9% above list price and go pending in around 8 days.
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.
School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.
Climate's impact on Buffalo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Buffalo.
Flood Factor - Minor
9% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Buffalo has a minor risk of flooding. 3,015 properties in Buffalo are likely to be
severely affected
by flooding over the next 30 years. This represents 9% of all properties in Buffalo. Flood risk is increasing slower than the national average.