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Median Home Price in Buffalo, NY

The median home value in Buffalo, NY is $244,068, up 2.58% from a year earlier.

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City housing-data period: September 2026. City source retrieval/check time (UTC) is recorded in the feed's updated field when available, not in the housing-data period.

Checked daily for new monthly Zillow releases, not new daily prices. Income and crime data are updated separately, not by the daily housing-data check. Unavailable means observation dates are missing or invalid.

Median Home Value

$244,068

Year-over-Year

+2.58%

Population

273,728

Home value history

The typical home value decreased by 0.9%, from $246,321 in May 2026 to $244,068 in Sep 2026.

Buffalo, NY typical home value from May 2026 to Sep 2026

Monthly Zillow Home Value Index snapshots retained by HomePriceMap. A short history is shown now and grows automatically as each new monthly release arrives.

Buffalo, NY monthly home value history
MonthTypical home valueYear-over-year change
May 2026$246,321+3.7%
Jun 2026$251,203+3.5%
Jul 2026$249,040+3.1%
Aug 2026$248,828+2.9%
Sep 2026$244,068+2.6%

Buffalo ranks #23 of 40 New York cities tracked here by median home value, and sits 16.5% below the state's city median of $292,162. It sits in Erie County, where the county-wide median is $295,625.

Housing affordability in Buffalo

Median household income in Buffalo is $50,041, so the typical home value is about 4.9× annual household income. This is a simple price-to-income benchmark rather than a monthly payment estimate; it does not account for mortgage rates, down payments, taxes or insurance.

Household income comes from the U.S. Census Bureau's ACS 5-Year Estimates, table B19013 (how the affordability measure works).

Crime in Buffalo

Buffalo police recorded a violent crime rate of 706 per 100,000 residents in 2024 — higher than most cities that report to the FBI. Property crime runs at 3,810 per 100,000.

Reported by the city's own police department to the FBI's Uniform Crime Reporting Program (what this covers).

Common questions about Buffalo

What is the average home price in Buffalo, NY?

People often call this an average home price, but the figure shown here is Zillow's typical home value (ZHVI), not a simple arithmetic average. In Buffalo, that value is $244,068. That's up 2.58% from a year earlier. It is about 16.5% below the typical New York city tracked here.

Is Buffalo expensive compared to the surrounding area?

Homes in Buffalo are cheaper than Erie County as a whole, where the median is $295,625 — a difference of about 17.4%.

Is Buffalo affordable?

Median household income here is $50,041, so the typical home value is about 4.9× annual household income. This ratio is a broad comparison measure, not a mortgage-payment estimate.

Is Buffalo a safe place to live?

Buffalo police reported 706 violent crimes per 100,000 residents, covering a population of about 273,728. Crime rates are one input among many — they vary block to block within a city, and this figure is a citywide average.

Cities with similar home prices in NY

Port Jervis · Troy · North Tonawanda · Glens Falls · Rochester · Auburn · Geneva · Syracuse