Buffalo Real Estate Market Trends
Market Overview for Quarter 2, 2024
Median Sale Price
-4% YoY
Median Price/Sqft
-7.1% YoY
No. of Transactions
-39.4% YoY
County Median Sale Price
3% YoY
In Q2, the median home sale price in Buffalo was $149K, a change of -4% year-over-year. There were a total of 220 transactions, down -39.4% compared to the same period last year. In Q2, the median price per square foot was $104, a change of -7.1% year-over-year. The median home sale price in Erie County was $242K.
Sales information for last quarter cannot be displayed due to insufficient recorded transactions. The available data does not meet the minimum threshold required for reliable and accurate data representation.
Top Cities in Erie County
| Ranking | City | Median Sale Price |
|---|---|---|
| 1 | Clarence | $542,250 |
| 2 | Elma | $375,000 |
| 3 | Orchard Park | $365,500 |
| 4 | Amherst | $322,500 |
| 5 | Lancaster | $315,000 |
| 6 | Grand Island | $300,000 |
| 7 | Hamburg | $272,650 |
| 8 | Tonawanda | $236,000 |
| 9 | West Seneca | $234,500 |
| 10 | Lackawanna | $225,000 |
| 11 | Cheektowaga | $215,000 |
| 12 | Evans | $184,500 |
| 13 | Buffalo | $149,250 |
Residential Property Types Sold in Buffalo
| Property Type | Median Sale Price | Y-o-Y Change | Median Sale Price/Sq. Ft | Y-o-Y Change | Transactions |
|---|---|---|---|---|---|
| Condo | - | - | - | - | 0 |
| House | $149K | -4% | $104 | -7.1% | 220 |
The median sale price for houses in Buffalo in Q2 was $149K, showing no significant change year-over-year. Buffalo condos also showed static pricing trends year-over-year, coming in at - in Q2.
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