The housing market in 14201 Buffalo, NY is performing better than the national average. The median value of a home in the area is $300,600, which is lower than the US house median value of $338,100. However, over the last year, the appreciation rate for homes in 14201 was 12.00%, outpacing the national average of 8.27%. This indicates that homeowners are seeing a steady increase in their property values over time and that investing in real estate in this area could bring greater returns than elsewhere.
The median home cost in Buffalo (zip 14201) is $300,600. Home appreciation the last 10 years has been 109.1%. Home Appreciation in Buffalo (zip 14201) is up 15.3%.
Average Age of Homes
- The median age of Buffalo (zip 14201) real estate is 78 years old
The Rental Market in Buffalo (zip 14201)
- Renters make up 64.9% of the Buffalo (zip 14201) population
- 6.9% of houses and apartments in Buffalo (zip 14201), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.