Real Estate Market Update for 14215 (Buffalo, NY)
Hide / View Video Transcript
Hide / View Video Transcript
Welcome to September's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of September. The number of active listings was down 21% from one year earlier, and down 4% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just over 40-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 49%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 50-thousand dollars. The number of units sold increased 92% year-over-year, and increased 56% month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
Map Information for 14215 (Buffalo, NY)
Area Information for 14215 (Buffalo, NY)
  • Population: 38,964
  • Median Age: 31.54 yr
  • Median Commute Time: 18.52 mins
  • Educational Climate*: 3
  • Sales Tax: 8.75%
  • Population Density: 7,919/sq mi
  • Population Change Since 2000: -10.83%
  • Closest Airport: Buffalo Niagara International
  • Closest College: Univ Of New York-buffalo Dental School
  • Closest Jr. College: Erie Community College-city Campus
  • Median Household Income: $32,158
  • Annual Residential Turnover: 15.67%
  • Median Years in Residence: 4.07 yr
  • Median Home Sales Price: $40,000
  • Closest Major Sports Team: Buffalo Sabres
  • Change Avg. Household Income Since 2000: 16%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for 14215 (Buffalo, NY)
Median Age: 31.54 Married: 19% Number of Households: 15,893 Households with Children: 6,088
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for 14215 (Buffalo, NY)

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Hutchinson Central Technical High School 0.2 mi Public 9-12 2-5 4
      Mativity Miguel Mid Schol 0.3 mi Catholic 5-8 0 0
      Community Charter School 0.4 mi Public K-6 1 4
      Westminster Community Charter School 0.4 mi Public PRESCHOOL-8 1 4
      Ps 82 0.5 mi Public PRESCHOOL-4 0 3
      Dayspring Christian Academy 0.6 mi Private PRESCHOOL-7 0 0
      Ps 61 0.8 mi Public PRESCHOOL-4 0 0
      Highgate Heights 1.0 mi Public PRESCHOOL-8 0 3
      Pine Hill Education Center 1.1 mi Public 6-12 0 0
      Ps 84 1.1 mi Public 7-12 0 5
      The Math Science Technology Preparatory School At 1.4 mi Public 5-12 0 4
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for 14215 (Buffalo, NY)
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.