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Housing in Buffalo, New York

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HousingBuffalo, NYUnited States
Median Home Age7635.1
Median Home Cost$51,300$153,800
Home Appreciation-0.50%1.62%
Homes Owned34.35%57.69%
Housing Vacant15.67%11.38%
Homes Rented49.98%30.93%
Property Tax Rate$28.34$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0002.76%2.72%
$20,000 to $39,9998.00%4.03%
$40,000 to $59,99915.72%5.58%
$60,000 to $79,99913.30%7.09%
$80,000 to $99,99921.91%8.80%
$100,000 to $149,99926.20%21.26%
$150,000 to $199,9996.66%14.87%
$200,000 to $299,9993.20%16.82%
$300,000 to $399,9991.20%7.83%
$400,000 to $499,9990.40%4.04%
$500,000 to $749,9990.40%4.05%
$750,000 to $999,9990.10%1.26%
$1,000,000 or more0.15%1.64%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 20053.64%13.71%
1995 to 19982.33%14.31%
1990 to 19942.33%14.31%
1980 to 19891.83%13.87%
1970 to 19793.36%16.17%
1960 to 19695.26%11.70%
1950 to 195912.48%11.08%
1940 to 194912.79%6.02%
1939 or Earlier58.29%13.15%


The median home value in Buffalo, NY, is $51,300. Home appreciation is -0.50% over the last year. The median age of Buffalo, NY, real estate is 76 years.

Buffalo, NY Apartments and Rentals

Renters make up 49.98% of the Buffalo, NY, population. 15.67% of houses and apartments in Buffalo, NY, are unoccupied (vacancy rate).


Buffalo Housing SperlingViews

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)Have an opinion about Buffalo? Leave a commentTo See All SperlingViews for Buffalo Click Here