The Downtown Buffalo housing market is somewhat competitive. The median sale price of a home in Downtown Buffalo was $335K last month, down 53.6% since last year. The median sale price per square foot in Downtown Buffalo is $278, down 7.8% since last year.
What is the housing market like in Downtown Buffalo today?
In January 2025, Downtown Buffalo home prices were down 53.6% compared to last year, selling for a median price of $335K. On average, homes in Downtown Buffalo sell after 39 days on the market compared to 32 days last year. There were 5 homes sold in January this year, down from 8 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$335,000
-53.6% YoY | Jan 2025
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Jan 2025
Growth
% YoY
Downtown Buffalo, NY
$335,000
-53.6%
United States
To compare other locations to the Downtown Buffalo and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in Buffalo add value to a home.
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How hot is the Downtown Buffalo housing market?
Downtown Buffalo is somewhat competitive. Homes sell in 36 days.
0
100
52
Somewhat 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 9 months
Some homes get multiple offers.
The average homes sell for about 3% below list price and go pending in around 36 days.
Hot homes
can sell for around list price and go pending in around 9 days.
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 Downtown Buffalo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in Downtown Buffalo.
Flood Factor - Minor
22% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Buffalo has a minor risk of flooding. 149 properties in Downtown Buffalo are likely to be
severely affected
by flooding over the next 30 years. This represents 22% of all properties in Downtown Buffalo. Flood risk is increasing slower than the national average.
Downtown Buffalo has minimal risk of severe winds over the next 30 years
Wind Factor
Downtown Buffalo has a Minimal Wind Factor®, which means there is a very low likelihood that hurricane, tornado or severe storm winds will impact this area.
86% of properties are at moderate
risk of heat over the next 30 years
Heat Factor
Downtown Buffalo has a moderate risk from heat. This is due to
"feels like" temperatures
increasing, and because 86% of homes in Downtown Buffalo have a Moderate Heat Factor®.
Downtown Buffalo is expected to see a 128% increase in the number of days over 91ºF over the next 30 years. Downtown Buffalo is expected to experience 8