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Foreclosures in Lackawanna, NY

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Lackawanna, NY Foreclosures

Current Market Conditions in in Lackawanna, NY As of February 2026?
Over the past month, the Lackawanna real estate market has shown a slight uptick in home sales, driven by increased demand among buyers seeking affordable housing options with ample space. The average days on market have decreased by about 10%, indicating stronger competition among sellers, while average home prices have remained stable, signaling a balanced market.
How much do homes sell for in Lackawanna, NY?
The average home price is currently $198,535.
In Lackawanna, NY, how many homes are available?
There are currently 21 active home listings available in Lackawanna.
What’s the average rental cost in Lackawanna, NY?
The average rental price in Lackawanna is $1,166.
What is the most expensive home in Lackawanna?
The most expensive home sold in Lackawanna had a price of $10,724,600.
What is currently the cheapest priced home in Lackawanna, NY?
The cheapest home for sale in Lackawanna is priced at $14,904.

Living in Lackawanna, NY

Lackawanna is a suburban city located just south of Buffalo, NY, offering a balance of industrial history and contemporary living. With access to Lake Erie, residents can enjoy various outdoor activities while also benefiting from the neighboring urban center's amenities.

Buyer vs Seller Market in Lackawanna, NY

The real estate market in Lackawanna has seen steady interest, especially among first-time homebuyers attracted to the area's affordability compared to neighboring Buffalo. The community offers a variety of housing options, from historic homes with character to more modern constructions, catering to different preferences and budgets.

Home Value Estimator For Lackawanna, NY

There are currently 4,535 real estate properties in Lackawanna, NY, with a median automated valuation model (AVM) price of $197,930.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Lackawanna, 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 Lackawanna, NY, is $198,535.00, with the most expensive house in Lackawanna, NY, topping out at $10,724,600.00 and the cheapest home in Lackawanna, NY, clocking in at $14,904.00. In other words, there’s something for every potential homebuyer or savvy investor in Lackawanna, NY!

Rent Prices In Lackawanna, NY

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Lackawanna, NY, is on a rollercoaster ride. The average rent price in Lackawanna, NY, is $1,166.00. Indeed, when looking to rent in Lackawanna, NY, you can expect to pay as little as $580.00 or as much as $2,250.00, with the average rent median estimated to be $1,170.00. The good news is that finding an affordable and desirable property to rent in Lackawanna, 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.

Lackawanna, NY Foreclosures

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