Is Buffalo, NY a buyer's market or a seller's market?
Buffalo, NY is a seller's market right now. There are 1,574 homes for sale, and at the current pace of sales it would take about 2.6 months to sell all of them.
The rule of thumb agents use: under three months of homes for sale favors sellers, over five months favors buyers, and in between is a fair fight. Buffalo, NY sits at 2.6.
There are more buyers than homes for sale. Sellers have the edge. The typical home took 12 days to go under contract, and 66% of sales closed above the asking price.
The number of homes for sale is 12% higher than a year ago. More choice for buyers means more competition between sellers.
Source: Redfin's published market data for the Buffalo, NY area, through May 2026.
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More about the Buffalo, NY market
- When is the best month to sell a house in Buffalo, NY?
- How long does it take to sell a house in Buffalo, NY?
- Do homes sell above asking price in Buffalo, NY?
- Are home prices going up or down in Buffalo, NY?
- How many homes are for sale in Buffalo, NY?
- All Buffalo, NY housing numbers
Other markets
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- Is Utica, NY a buyer's market or a seller's market?
Figures come from Redfin's published market data for the Buffalo, NY area, through May 2026. Neighborhood Numbers is an independent data publisher and is not affiliated with Redfin. We update these pages when Redfin publishes, once a month.