Real Estate Market Update for Hamburg, NY
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 25% from one year earlier, and down 17% 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 under 260-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was up 17%. This higher number of days may signal a slowdown in the local inventory-turnover rate. The median sale price was just over 170-thousand dollars. The number of units sold decreased 25% year-over-year, and decreased 52% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
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Map Information for Hamburg, NY
Area Information for Hamburg, NY
  • Population: 58,400
  • Median Age: 43.79 yr
  • Median Commute Time: 22 mins
  • Educational Climate*: 4
  • Sales Tax: 0%
  • Population Density: 1,413/sq mi
  • Population Change Since 2000: 3.92%
  • Closest Airport: Buffalo Niagara International
  • Closest College: Hilbert College
  • Closest Jr. College: Erie Community College-south Campus
  • Median Household Income: $65,354
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $160,000
  • Closest Major Sports Team: Buffalo Bills
  • Change Avg. Household Income Since 2000: 41.18%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Hamburg, NY
Median Age: 43.79 Married: 43% Number of Households: 24,001 Households with Children: 6,101
    • 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 Hamburg, NY

      School Name Distance Type Grades School Rating Parent Rating
      Randolph Academy Hamburg Campus 0.8 mi Public K-12 0 0
      Big Tree Elementary School 1.0 mi Public K-5 4 0
      Frontier Senior High School 1.1 mi Public 9-12 4 4
      Old Time Baptist Academy 1.3 mi Private K-12 0 0
      Hamburg Middle School 1.6 mi Public 6-8 4 0
      Hamburg High School 1.7 mi Public 9-12 5 4
      Armor Elementary School 1.8 mi Public K-5 4 0
      Charlotte Avenue Elementary School 2.0 mi Public K-5 4 0
      St Francis High School 2.2 mi Catholic 9-12 0 4
      Union Pleasant Avenue Elementary School 2.2 mi Public K-5 4 0
      St Peter & Paul School 2.5 mi Catholic PRESCHOOL-8 0 0
      Blasdell Elementary School 3.0 mi Public PRESCHOOL-5 2 0
      Cloverbank Elementary School 3.2 mi Public PRESCHOOL-5 4 0
      Frontier Middle School 3.4 mi Public 6-8 4 0
      Boston Valley Elementary School 5.6 mi Public K-5 4 0
      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: Onboard Informatics © 2016. School Performance data by School Review data by
      Local Weather for Hamburg, NY
        Community information and market data Powered by Onboard Informatics. Copyright ©2016 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.