Buffalo, NY Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Buffalo, NY is showing healthy, moderate growth.
- •Steady price growth of 4.0% year-over-year — a balanced market.
- •Price-to-rent ratio: 16.5 — buying and renting are roughly comparable.
Median Home Value
$271,753
ZHVI
Year-over-Year
+4%
Price change
5-Year Change
+41%
Since 2021
Median Rent
$1,374/mo
ZORI
Active Listings
1,335
For sale
State Avg
$502,162
New York
Home Value Trends
5-year Zillow Home Value Index for Buffalo, NY vs. state and national averages.
Rent Data
Median Rent
$1,374/mo
Rent YoY Change
+3.4%
Other Markets in New York
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.