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Housing

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  HOUSING OVERVIEW
  

The median home value in Buffalo, New York, is $116,530. Home appreciation is 41.73% over the last year. The median age of Buffalo, New York, real estate is 74 years.

Buffalo, New York Apartments and Rentals

Renters make up 48.76% of the Buffalo, New York, population. 16.55% of houses and apartments in Buffalo, New York, are unoccupied (vacancy rate).

  HOUSINGBuffalo, New YorkUnited States
  Median Home Age  7437
  Median Home Cost  $116,530$185,800
  Home Appr. Last 12 months  8.58%3.74%
  Home Appr. Last 5 yrs.  23.68%16.02%
  Home Appr. Last 10 yrs.  41.73%-0.68%
  Property Tax Rate  $26.43$11.80
  Homes Owned  34.70%56.34%
  Housing Vacant  16.55%12.45%
  Homes Rented  48.76%31.21%
  AVERAGE RENT FOR HOME OR APARTMENT
  Studio Apartment  $599$712
  1 Bedroom Home or Apartment  $607$825
  2 Bedroom Home or Apartment  $733$1,027
  3 Bedroom Home or Apartment  $936$1,379
  4 Bedroom Home or Apartment  $1,069$1,601
  VACANT HOUSING
  Vacant For Rent  2.94%2.34%
  Vacant Rented  0.62%0.46%
  Vacant For Sale  0.37%1.20%
  Vacant Sold  0.87%0.46%
  Vacant Vacation  0.23%3.97%
  Vacant Other  11.53%4.02%
  VALUE OF OWNER-OCCUPIED HOUSING
  Less Than $20,000  6.08%4.57%
  $20,000 to $39,999  15.95%3.37%
  $40,000 to $59,999  18.90%4.19%
  $60,000 to $79,999  16.85%5.74%
  $80,000 to $99,999  10.51%6.79%
  $100,000 to $149,999  10.86%15.19%
  $150,000 to $199,999  5.82%14.69%
  $200,000 to $299,999  7.27%18.15%
  $300,000 to $399,999  3.74%10.43%
  $400,000 to $499,999  0.97%5.70%
  $500,000 to $749,999  1.92%6.39%
  $750,000 to $999,999  0.95%2.41%
  $1,000,000 or more  0.19%2.39%
  HOUSING UNITS BY YEAR STRUCTURE BUILT
  2010 and newer  0.49%2.03%
  2000 to 2009  1.40%14.63%
  1990 to 1999  2.91%14.01%
  1980 to 1989  1.53%13.70%
  1970 to 1979  2.62%15.66%
  1960 to 1969  2.91%14.01%
  1950 to 1959  9.76%10.63%
  1940 to 1949  9.52%5.25%
  1939 or Earlier  66.23%13.09%

  HOUSING MAP

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  HOUSING COMMENTS
  
Cost of Living
The region provides a good value in terms of cost of living when compared to other metro... (read more)
Overall, a good place
Friendly people, average costs, longer commutes compared to where I moved from (Kalamazoo, MI), has many of the challenges of older urban... (read more)
taxes
Although housing is inexpensive, property taxes, state income taxes and increasing taxes on consumables, are onerous. Over 30% of the state's income taxes originated... (read more)
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  GENERAL COMMENTS
  
Dont Move Here
I have to agree with Michael. I grew up in WNY and throughout the years as I transitioned into adulthood this sad truth of "not welcoming others" became very apparent... (read more)
Dont Move Here
I grew up in WNY and throughout the years as I transitioned into adulthood the idea that this area was unwelcoming to others became very real and apparent to me. In... (read more)
Horrible people. Ok area
The reviewer Mike hit the nail on the head with his review. Buffalo isn't a good place to move- unless you're from Buffalo and you're moving back. The people are... (read more)
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