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Foreclosure Homes in Buffalo, NY 14213

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Buffalo, NY Foreclosures

How much do homes sell for in Buffalo, NY?
The average home price is currently $269,848.
In Buffalo, NY, how many homes are available?
There are currently 25 active home listings available in Buffalo.
What’s the average rental cost in Buffalo, NY?
The average rental price in Buffalo is $1,257.
What is the most expensive home in Buffalo?
The most expensive home sold in Buffalo had a price of $160,259,792.
What is currently the cheapest priced home in Buffalo, NY?
The cheapest home for sale in Buffalo is priced at $10,004.

Living in Buffalo, NY

Buffalo, NY, is a vibrant city noted for its historical architecture and cultural significance. With a revitalizing economy, affordable housing, and a variety of outdoor activities, it is a desirable location for both families and young professionals. The city combines urban amenities with the charm of natural landscapes and a strong sense of community.

Current Market Conditions in Buffalo, NY

The Buffalo real estate market has shown strong resilience, especially with low-interest rates encouraging home buying amidst the ongoing pandemic. Properties have been in high demand, leading to price increases in many neighborhoods, particularly those close to downtown and the waterfront.

As of 2023, Buffalo is experiencing a shift towards more urban living, with an increase in interest for residential properties in the city center. Developers are also investing in rehabilitating older buildings, enhancing the city's appeal for residents seeking urban lifestyle amenities.

Home Value Estimator For Buffalo, NY

There are currently 107,588 real estate properties in Buffalo, NY, with a median automated valuation model (AVM) price of $199,720.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Buffalo, NY, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Buffalo, NY, is $269,848.00, with the most expensive house in Buffalo, NY, topping out at $160,259,792.00 and the cheapest home in Buffalo, NY, clocking in at $10,004.00. In other words, there’s something for every potential homebuyer or savvy investor in Buffalo, NY!

Rent Prices In Buffalo, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Buffalo, NY, is on a rollercoaster ride. The average rent price in Buffalo, NY, is $1,257.00. Indeed, when looking to rent in Buffalo, NY, you can expect to pay as little as $500.00 or as much as $6,930.00, with the average rent median estimated to be $1,210.00. The good news is that finding an affordable and desirable property to rent in Buffalo, NY -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Buffalo, NY 14213 Foreclosures

Market Trend for Buffalo, NY

Total Listings Available: 25

Market Values:

Home Prices from $10,004 to $160,259,792

Average Sales Price: $269,848

Rental Values:

Rental from $500 to $6,930

Average Rent Value: $1,257 / month

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