Buffalo, NY
Balanced's marketBuffalo's market is in transition: +3.7% YoY, median DOM 11 days. Selective deals only.
DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026
| Detail | Value | Detail | Value |
|---|---|---|---|
| Median list price | $219,300 | Median sale price | $230,750 |
| Sale-to-list ratio | 1.008 | % sold below list | +33.4% |
| Active inventory | 671 | New listings | 296 |
How Buffalo has moved.
Buffalo sits at a median home value of $241,380 as of the latest Zillow read, up 3.7% year-over-year — still in appreciation mode, which favors flippers willing to compete on speed.
The sale-to-list ratio of 1.008 signals a balanced market — neither bid wars nor fire sales dominate. 33.4% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.
Rents tell a stronger story. The Zillow Observed Rent Index for Buffalo is $1,390/mo against a $241k median — that’s a 6.91% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.
Median days-on-market is running around 11 days against 671 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.
MDR’s composite investor score for Buffalo is 55/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Lower tier this quarter. Watch list, not deploy list — re-evaluate next read.
The same data, five operator lenses.
Lead lists, sourcing channels, and disposition strategies tuned to the local market.
ARV math, rehab scope, and exit timing for the local buyer profile.
Buy-rehab-rent-refi-repeat math tuned to local rents, prices, and DSCR.
Buy-and-hold rental analysis tuned to local rents, taxes, and tenant mix.
Subject-to, seller financing, wraps, and lease-options sized for the local market.
Buffalo for investors.
Is Buffalo a good market for real estate investors in 2026?
Metro Deal Report's composite investor score for Buffalo is 55/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Buffalo is a lower-tier market right now. Watch list, not deploy list, until the numbers shift.
What is the median home price in Buffalo?
The typical home value in Buffalo as of the most recent Zillow read is $241,380. Median list price is $219,300 and median sale price is $230,750. Year-over-year change: +3.7%.
What can a landlord expect to rent a property for in Buffalo?
Zillow's Observed Rent Index for Buffalo is $1,390/mo. Against the typical home value of $241k, that produces a gross annual rent yield of 6.91% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.
Is Buffalo a buyer's or seller's market?
Buffalo's current sale-to-list ratio is 1.008 with 33.4% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 11 days. Active inventory: 671 listings.
Which investment strategy works best in Buffalo?
Buffalo's data favors BRRRR and long-term rentals — strong gross yield with stable to appreciating prices. See the per-strategy breakdowns at /wholesaling/buffalo, /brrrr/buffalo, and /flipping/buffalo.
Loan options for Buffalo properties.
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