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Housing in Buffalo, New York

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Housing - Updated September, 2011
HousingBuffalo, NYUnited States
Median Home Age7635.1
Median Home Cost$73,400$175,100
Home Appreciation1.40%-3.15%
Homes Owned34.65%59.90%
Housing Vacant20.76%10.37%
Homes Rented44.60%29.73%
Property Tax Rate$28.34$11.20
OWNER-OCCUPIED HOUSING UNITS BY VALUE
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Less Than $20,0004.02%2.65%
$20,000 to $39,99910.97%3.76%
$40,000 to $59,99919.89%4.99%
$60,000 to $79,99922.81%6.01%
$80,000 to $99,99917.09%7.27%
$100,000 to $149,99918.04%19.24%
$150,000 to $199,9994.04%14.67%
$200,000 to $299,9991.82%18.09%
$300,000 to $399,9990.66%9.14%
$400,000 to $499,9990.21%4.94%
$500,000 to $749,9990.26%5.42%
$750,000 to $999,9990.11%2.03%
$1,000,000 or more0.06%1.77%
HOUSING UNITS BY YEAR STRUCTURE BUILT
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1999 to 20053.64%13.71%
1995 to 19981.45%8.54%
1990 to 19940.88%5.77%
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 $73,400. Home appreciation is 1.40% over the last year. The median age of Buffalo, NY, real estate is 76 years.

Buffalo, NY Apartments and Rentals

Renters make up 44.60% of the Buffalo, NY, population. 20.76% of houses and apartments in Buffalo, NY, are unoccupied (vacancy rate).


Buffalo Housing SperlingViews

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)re: Buffalo is great, NC sucks - 4/8/2007: Take another look! Have you been to the "Old First Ward" lately? That cheap, poorly-insulated 50-year old house you dream of comes with terrible schools, high crime,... (read more)Have an opinion about Buffalo? Leave a commentTo See All SperlingViews for Buffalo Click Here