The South Buffalo housing market is very competitive. The median sale price of a home in South Buffalo was $194K last month, up 7.5% since last year. The median sale price per square foot in South Buffalo is $115, up 22.9% since last year.
What is the housing market like in South Buffalo today?
In May 2024, South Buffalo home prices were up 7.5% compared to last year, selling for a median price of $194K. On average, homes in South Buffalo sell after 16 days on the market compared to 11 days last year. There were 84 homes sold in May this year, down from 94 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$193,500
+7.5% YoY | May 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
May 2024
Growth
% YoY
South Buffalo, NY
$193,500
+7.5%
United States
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How hot is the South Buffalo housing market?
South Buffalo is very competitive. Homes sell in 15 days.
0
100
83
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 10% above list price and go pending in around 15 days.
Hot homes
can sell for about 19% above list price and go pending in around 8 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 South Buffalo housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South Buffalo.
Risk Factor
Flood Factor - Major
59% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South Buffalo has a major risk of flooding. 5,163 properties in South Buffalo are likely to be
severely affected
by flooding over the next 30 years. This represents 59% of all properties in South Buffalo. Flood risk is increasing slower than the national average.
11% of properties are at risk of wildfire over the next 30 years
Fire Factor
South Buffalo has a moderate risk of wildfire. There are 1,582 properties in South Buffalo that have some risk of being affected by wildfire over the next 30 years. This represents 11% of all properties in South Buffalo.
South Buffalo has minimal risk of severe winds over the next 30 years
Wind Factor
South 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.