The Downtown Buffalo housing market is not very competitive. The median sale price of a home in Downtown Buffalo was $400K last month, down 27.8% since last year. The median sale price per square foot in Downtown Buffalo is $225, down 8.2% since last year.
What is the housing market like in Downtown Buffalo today?
In March 2024, Downtown Buffalo home prices were down 27.8% compared to last year, selling for a median price of $400K. On average, homes in Downtown Buffalo sell after 75 days on the market compared to 58 days last year. There were 7 homes sold in March this year, up from 2 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$400,000
-27.8% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
Downtown Buffalo, NY
$400,000
-27.8%
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.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Downtown Buffalo housing market?
Downtown Buffalo is not very competitive. Homes sell in 37 days.
0
100
15
Not 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 9 months
Multiple offers are rare.
The average homes sell for about 5% below list price and go pending in around 37 days.
Hot homes
can sell for around list price and go pending in around 28 days.
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
5/10
Waterfront School
Public • PreK-8 • Choice school
832
Students
3 reviews
2/10
Herman Badillo Community School
Public • PreK-8 • Choice school
698
Students
1 reviews
2/10
d'Youville-Porter Campus
Public • PreK-8 • Choice school
655
Students
5 reviews
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.
Risk Factor
Flood Factor - Extreme
26% of properties are at risk of severe flooding over the next 30 years
Flood Factor
Downtown Buffalo has an extreme risk of flooding. 187 properties in Downtown Buffalo are likely to be
severely affected
by flooding over the next 30 years. This represents 26% of all properties in Downtown Buffalo. Flood risk is increasing slower than the national average.
1% of properties are at risk of wildfire over the next 30 years
Fire Factor
Downtown Buffalo has a minor risk of wildfire. There are 13 properties in Downtown Buffalo that have some risk of being affected by wildfire over the next 30 years. This represents 1% of all properties in Downtown Buffalo.
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