Median price
for residential apartments
in Buffalo, NY
as of May, 2023.
Take into account that the price depends on the location and condition of the apartment. The size and amenities might have a large influence on the asking price as well.
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787 Buffalo, NY, USA apartments for sale
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Condo For Sale In Buffalo, New York
18 Harbour Pointe Common, Buffalo, NY 14202, USA
3
Bed
3
Bath
3,121
Sq Ft
Condo For Sale In Buffalo, New York
5 Brittany Lane, Buffalo, NY 14222, USA
3
Bed
3
Bath
1,900
Sq Ft
Home For Sale In Buffalo, New York
115 Crestwood Avenue, Buffalo, NY 14216, USA
4
Bed
2
Bath
1,655
Sq Ft
Home For Sale In Buffalo, New York
28 Sidway Street, Buffalo, NY 14210, USA
5
Bed
2
Bath
1,836
Sq Ft
Home For Sale In Buffalo, New York
255 Orange Street, Buffalo, NY 14204, USA
4
Bed
2
Bath
1,660
Sq Ft
Home For Sale In Buffalo, New York
27 Saint James Place, Buffalo, NY 14222, USA
6
Bed
2
Bath
3,132
Sq Ft
Home For Sale In Buffalo, New York
2303 Niagara Street, Buffalo, NY 14207, USA
6
Bed
2
Bath
2,990
Sq Ft
Home For Sale In Buffalo, New York
234 Laurel Street, Buffalo, NY 14208, USA
4
Bed
1
Bath
1,778
Sq Ft
Home For Sale In Buffalo, New York
392 Lafayette Avenue, Buffalo, NY 14213, USA
7
Bed
5
Bath
3,672
Sq Ft
Home For Sale In Buffalo, New York
381 Riley Street, Buffalo, NY 14208, USA
6
Bed
2
Bath
2,244
Sq Ft
Home For Sale In Buffalo, New York
191 Orange Street, Buffalo, NY 14204, USA
6
Bed
2
Bath
2,686
Sq Ft
Home For Sale In Kenmore, New York
245 Wardman Road, Ellwood Park, Buffalo, NY 14217, USA
3
Bed
2
Bath
1,924
Sq Ft
Home For Sale In Buffalo, New York
71 Domedion Avenue, Buffalo, NY 14211, USA
3
Bed
1
Bath
1,155
Sq Ft
Home For Sale In Buffalo, New York
29 Stanley Street, Buffalo, NY 14206, USA
4
Bed
1
Bath
1,476
Sq Ft
Home For Sale In Buffalo, New York
187 Southside Parkway, Buffalo, NY 14220, USA
8
Bed
5
Bath
18,480
Sq Ft
Home For Sale In Buffalo, New York
74 Waverly Street, Buffalo, NY 14208, USA
4
Bed
1
Bath
1,322
Sq Ft
Home For Sale In Amherst, New York
139 Greenaway Road, Buffalo, NY 14226, USA
3
Bed
3
Bath
2,396
Sq Ft
Home For Sale In Buffalo, New York
53 Fredro Street, Buffalo, NY 14206, USA
3
Bed
1
Bath
1,141
Sq Ft
Home For Sale In Buffalo, New York
47 Lester Street, Buffalo, NY 14210, USA
6
Bed
2
Bath
2,264
Sq Ft
Home For Sale In Buffalo, New York
665 West Ferry Street, Buffalo, NY 14222, USA
8
Bed
6
Bath
4,003
Sq Ft
Home For Sale In Kenmore, New York
1489 Kenmore Avenue, Buffalo, NY 14217, USA
3
Bed
3
Bath
1,748
Sq Ft
Home For Sale In Buffalo, New York
155 Densmore Street, Buffalo, NY 14220, USA
4
Bed
2
Bath
1,668
Sq Ft
Home For Sale In Buffalo, New York
13 Ontario Street, Buffalo, NY 14207, USA
12
Bed
4
Bath
4,224
Sq Ft
Home For Sale In Buffalo, New York
220 Blaine Avenue, Buffalo, NY 14208, USA
5
Bed
3
Bath
3,060
Sq Ft
Home For Sale In Buffalo, New York
124 Zittel Street, Buffalo, NY 14210, USA
3
Bed
2
Bath
1,028
Sq Ft
Home For Sale In Buffalo, New York
375 Military Road, Buffalo, NY 14207, USA
6
Bed
2
Bath
1,936
Sq Ft
Home For Sale In Kenmore, New York
200 Victoria Boulevard, Buffalo, NY 14217, USA
6
Bed
2
Bath
2,468
Sq Ft
Home For Sale In Buffalo, New York
97 Choate Avenue, Buffalo, NY 14220, USA
4
Bed
2
Bath
1,416
Sq Ft
Home For Sale In Buffalo, New York
82 Fairfield Avenue, Buffalo, NY 14214, USA
6
Bed
2
Bath
2,434
Sq Ft
Home For Sale In Buffalo, New York
29 Clayton Street, Buffalo, NY 14207, USA
4
Bed
3
Bath
1,294
Sq Ft
Home For Sale In Buffalo, New York
153 Woodside Avenue, Buffalo, NY 14220, USA
3
Bed
2
Bath
1,792
Sq Ft
Home For Sale In Buffalo, New York
179 Cleveland Avenue, Buffalo, NY 14222, USA
4
Bed
2
Bath
2,320
Sq Ft
Home For Sale In Buffalo, New York
73 Sunnyside Place, Buffalo, NY 14207, USA
3
Bed
2
Bath
1,405
Sq Ft
Home For Sale In Buffalo, New York
658 Humboldt Parkway, Buffalo, NY 14211, USA
6
Bed
2
Bath
2,332
Sq Ft
Home For Sale In Buffalo, New York
44 Wellington Avenue, Kenilworth, Buffalo, NY 14223, USA
4
Bed
2
Bath
1,298
Sq Ft
Buffalo
According to statistics, the population in Buffalo, NY amounts to 256,322, which shows decline -1% compared to the previous year. The median age of the city’s residents is 33. The average household income is $37,359, shifting growth 7% from the past year, and the average property value in Buffalo, NY growth 6% to $98,300 throughout the year.
| Population | 256,322 |
| Median Age | 33.3 |
| Poverty Rate | 31% |
| Household Income | $37,359 |
| Number Of Employees | 114,478 |
| Median Property Value | $98,300 |
Household Income
The average household income in Buffalo, NY grew from $34,814 to $37,359 in the past year. This data is an estimate based upon 109,446 households in Buffalo, NY . The chart below presents how household income is distributed in Buffalo, NY in comparison to the revenue allocation amid households nationally.
Property Value
According to data from last year, the average property value in Buffalo, NY shifted from $92,700 to $98,300 throughout the year. The subsequent graph indicates the share of properties in the given price range in Buffalo, NY in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Buffalo, NY properties falls in the '$100,000 to $124,999' range, which is lower than the most significant median property across the country.
Rent vs. Own
Property Taxes
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Buffalo, NY compared to median property taxes around the country. The prevalent amount of property taxes in Buffalo, NY equals $800, which is less than the national average.
Housing Trends
Average apartment sale in Buffalo:
$243,953 (-3.5%)
Apartment Size |
May | vs Last Month |
|---|---|---|
| Studio apartments | $75,177 | -70.3% |
| 1-bed apartments | $193,740 | -40.9% |
| 2-bed apartments | $241,691 | -2.7% |
| 3-bed apartments | $221,655 | -9.8% |
| 4+ bed apartments | $270,557 | +4.3% |
During May 2023, the average price for an apartment in/near Buffalo, NY decreased by 3.5% to $243,953.
Knowing the current property prices is key if you plan to buy a studio in Buffalo, NY. The average price for a studio has decreased since the last month, currently being $75,177. After collecting all data points, we now see that the average price for 1-bed apartment decreased by 40.9% to $193,740. Asking price for 2-bed apartment also decreased by 2.7% and a place of this size will now cost you $241,691. A 3-bed apartment goes for $221,655, it decreased by 9.8% lately. We discerned the rise of 4- and more bed apartment price. It increased by 4.3% and made it up to $270,557.
Listing Type |
May | vs Last Month |
|---|---|---|
| Houses for sale | $239,925 | -5.6% |
| Condos for sale | $328,911 | -1.5% |
| Apartments for sale | $75,177 | +21% |
The average cost of an apartment in Buffalo, NY rised by 21% to $75,177. Price reports demonstrate that house price decreased by 5.6% this month making it up to $239,925. Condos faced an upward trend these days. The median price for a condo decreased by 1.5%, it’s now available for $328,911.
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