Real Estate Market Update for Buffalo, NY
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Welcome to March's Market Update,. Let's take a look at residential real-estate activity in your area during the month of March. The number of active listings was down 25% from one year earlier, and up 1% from the previous month. This recent increase reflected a larger selection of homes for buyers to choose from. As you can see, the median listing price for the month was 60-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 11%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just under 70-thousand dollars. The number of units sold decreased 16% year-over-year, and increased 40% month-over-month. Despite a slight annual decrease, this upward monthly sales trend indicates positive momentum. 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 Buffalo, NY
Area Information for Buffalo, NY
  • Population: 260,005
  • Median Age: 32.61 yr
  • Median Commute Time: 18.09 mins
  • Educational Climate*: 3
  • Sales Tax: 8.75%
  • Population Density: 6,438/sq mi
  • Population Change Since 2000: -11.15%
  • Closest Airport: Buffalo Niagara International
  • Closest College: Bryant And Stratton College
  • Closest Jr. College: Erie Community College-city Campus
  • Median Household Income: $30,404
  • Annual Residential Turnover: 16.3%
  • Median Years in Residence: 3.53 yr
  • Median Home Sales Price: $63,000
  • Closest Major Sports Team: Buffalo Sabres
  • Change Avg. Household Income Since 2000: 24%
* Scale from 1-5** Index where 100 is the national average
Demographic Data for Buffalo, NY
Median Age: 32.61 Married: 19% Number of Households: 114,394 Households with Children: 32,029
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 Buffalo, NY

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      The Math Science Technology Preparatory School At Seneca 1.1 mi Public 5-12 1 4
      P.s. 84 1.2 mi Public 7-12 0 5
      Community Charter School 1.3 mi Public K-6 1 4
      Mary Queen Of Angels Catholic School 1.5 mi Catholic PRESCHOOL-8 0 5
      Darul Ullom Al Madania 1.6 mi Private PRESCHOOL-11 0 4
      Westminster Community Charter School 1.6 mi Public PRESCHOOL-8 1 4
      Woodrow Wilson Elementary School 1.7 mi Public 3-5 3-5 4
      P.s. 59 Dr Charles Drew Science Magnet 1.7 mi Public 3-8 1 4
      King Center Charter School 1.9 mi Public K-6 2 4
      Dr George Blackman Ecc 2.1 mi Public PRESCHOOL-4 1 5
      St. Mary's School For The Deaf 2.1 mi Private PRESCHOOL-12 0 5
      Stanley Makowski Early Childhood Center 2.3 mi Public PRESCHOOL-4 0 4
      Cleveland Hill Middle School 2.3 mi Public 6-8 3-5 4
      Cleveland Hill Elementary School 2.3 mi Public K-5 3 4
      Cleveland Hill High School 2.3 mi Public 6-12 2-5 4
      St. Mark Elementary School 2.5 mi Catholic K-8 0 4
      St. Joseph School University 2.6 mi Catholic PRESCHOOL-8 0 4
      P.s. 37 Futures Academy 2.6 mi Public PRESCHOOL-8 0 4
      City Honors School At Fosdick Masten Park 2.7 mi Public 5-12 4-5 4
      Theodore Roosevelt School 2.8 mi Public PRESCHOOL-2 0 4
      Nichols School 2.8 mi Private 5-12 0 4
      Cheektowaga Middle School 2.9 mi Public 5-8 2-5 4
      Canisius High School 2.9 mi Private 9-12 0 4
      Kadimah School Of Buffalo 2.9 mi Private K-8 0 5
      Catholic Academy West Buffalo 2.9 mi Catholic PRESCHOOL-8 0 4
      Amherst Middle School 3.0 mi Public 6-8 4-5 4
      Elmwood-franklin School 3.1 mi Private PRESCHOOL-8 0 5
      Tapestry Charter School 3.1 mi Public K-8 2-5 4
      Nardin Academy Elementary 3.1 mi Catholic PRESCHOOL-12 0 4
      Nardin Academy 3.2 mi Catholic PRESCHOOL-3 0 5
      Buffalo Academy Of The Sacred 3.2 mi Catholic 9-12 0 4
      Maryvale Primary School 3.3 mi Public PRESCHOOL-2 0 5
      Maryvale Middle School 3.3 mi Public 6-8 4 4
      Maryvale High School 3.3 mi Public 9-12 3 3
      St. Benedict's School 3.4 mi Catholic PRESCHOOL-8 0 5
      Windermere Blvd School 3.4 mi Public PRESCHOOL-5 3 4
      Amherst Central High School 3.5 mi Public 9-12 3-5 4
      St. Joseph's Collegiate Institute 3.5 mi Catholic 9-12 0 4
      Christ The King School 3.6 mi Catholic PRESCHOOL-8 0 4
      Elmwood Village Charter School 3.7 mi Public K-8 4 5
      The Park School 3.8 mi Private PRESCHOOL-12 0 4
      Ben Franklin Elementary School 4.0 mi Public PRESCHOOL-5 3 5
      Trinity Catholic Academy 4.0 mi Catholic PRESCHOOL-8 0 4
      Charles A Lindbergh Elementary School 4.0 mi Public K-5 4-5 5
      Smallwood Drive School 4.1 mi Public K-5 4-5 5
      Leonardo Da Vinci High School 4.1 mi Public 9-12 3 3
      Our Lady Of Black Rock School 4.1 mi Catholic K-8 0 4
      Ben Franklin Middle School 4.1 mi Public 6-8 3-5 3
      Forest Elementary School 4.4 mi Public K-4 4 5
      Kenmore Middle School 4.5 mi Public 6-8 4 4
      Sts. Peter & Paul Elementary School 4.5 mi Catholic PRESCHOOL-8 0 4
      Thomas Jefferson Elementary School 4.5 mi Public PRESCHOOL-5 3-5 4
      St. John The Baptist School 4.6 mi Catholic PRESCHOOL-8 0 5
      Bishop Timon-st. Jude High School 4.7 mi Catholic 9-12 0 3
      Kenmore West Senior High School 4.9 mi Public 9-12 2-5 4
      Mount Mercy Academy 4.9 mi Catholic 9-12 0 5
      St. Leo The Great School 5.0 mi Catholic PRESCHOOL-8 0 5
      Christian Central Academy 5.1 mi Private K-12 0 4
      Northwood Elementary School 5.1 mi Public K-6 4 4
      Fourteen Holy Helpers School 5.1 mi Catholic PRESCHOOL-8 0 4
      Maplemere Elementary School 5.2 mi Public K-5 3 4
      Sweet Home Middle School 5.2 mi Public 6-8 3-5 4
      Chc Learning Center 5.2 mi Private UNGRADE-UNGRADE 0 5
      Williamsville South High School 5.2 mi Public 9-12 4 4
      Discovery School 5.3 mi Public PRESCHOOL-8 3-5 4
      Herbert Hoover Middle School 5.3 mi Public 6-8 3-5 4
      Herbert Hoover Elementary School 5.4 mi Public K-5 3-5 5
      Ambrose Catholic Academy 5.4 mi Catholic K-8 0 4
      Mill Middle School 5.4 mi Public 5-8 4-5 4
      South Buffalo Charter School 5.4 mi Public K-8 2 4
      St. Andrew's Country Day School 5.6 mi Catholic PRESCHOOL-8 0 5
      Charter School For Applied Technologies 5.6 mi Public K-11 3 4
      Potters Road School 5.6 mi Public PRESCHOOL-6 3-5 5
      Clinton Elementary School 5.7 mi Public PRESCHOOL-6 4-5 4
      West Middle School 5.7 mi Public 7-8 4-5 4
      Mount St. Mary Academy 5.8 mi Catholic 9-12 0 5
      Maple West Elementary School 5.9 mi Public K-4 4-5 4
      Global Concepts Charter School 6.1 mi Public K-8 3 3
      Our Lady Of Victory 6.3 mi Catholic PRESCHOOL-8 0 5
      Maple East Elementary School 6.6 mi Public K-4 4-5 4
      Willow Ridge Elementary School 6.7 mi Public K-5 3-5 5
      Sweet Home Senior High School 6.7 mi Public 9-12 2-5 4
      East Elementary School 6.7 mi Public K-6 4-5 5
      East Middle School 6.8 mi Public 7-8 4-5 4
      Country Parkway Elementary School 6.8 mi Public K-4 4-5 5
      Martin Road Elementary School 6.9 mi Public 3-6 1 4
      St. Gregory The Great School 6.9 mi Catholic PRESCHOOL-8 0 5
      Heim Elementary School 7.0 mi Public K-4 4-5 5
      Heim Middle School 7.0 mi Public 5-8 4-5 5
      West Seneca East Senior High School 7.3 mi Public 9-12 3 4
      West Elementary School 7.5 mi Public K-6 4-5 5
      Allendale Elementary School 7.5 mi Public K-6 4-5 4
      Harris Hill Elementary School 7.6 mi Public K-5 4-5 5
      Truman Elementary School 7.6 mi Public PRESCHOOL-2 0 4
      Nativity Of Mary School 7.6 mi Catholic PRESCHOOL-8 0 4
      Trinity Lutheran School 7.7 mi Private PRESCHOOL-8 0 5
      Heritage Heights Elementary School 7.8 mi Public K-5 2 4
      Williamsville North High School 8.3 mi Public 9-12 4-5 4
      Sheridan Hill Elementary School 8.3 mi Public K-5 4-5 5
      Blasdell Elementary School 8.3 mi Public PRESCHOOL-5 3 5
      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 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.