The Downtown Buffalo housing market is somewhat competitive. The median sale price of a home in Downtown Buffalo was $250K last month, down 37.2% since last year. The median sale price per square foot in Downtown Buffalo is $225, down 40.0% since last year.
What is the housing market like in Downtown Buffalo today?
In April 2024, Downtown Buffalo home prices were down 37.2% compared to last year, selling for a median price of $250K. On average, homes in Downtown Buffalo sell after 40 days on the market compared to 36 days last year. There were 15 homes sold in April this year, up from 4 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$250,000
-37.2% YoY | Apr 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Apr 2024
Growth
% YoY
Downtown Buffalo, NY
$250,000
-37.2%
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 32 days.
0
100
47
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 6 months
Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 32 days.
Hot homes
can sell for around list price and go pending in around 1 day.
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