Casey's Weekly Market Report
Buffalo, NY 14221
Single-Family Homes
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Buffalo, NY 14221
Wed Jul 16 2025
This week the median list price for Buffalo, NY 14221 is $564,400 with the market action index hovering around 81. This is less than last month's market action index of 84. Inventory has increased to 50.
Market Action Index
This answers “How’s the Market?” by comparing rate of sales versus inventory.
Strong Seller's Market
Market Narrative
The market remains in a relative stasis in terms of sales to inventory and prices have been relatively stable for a few weeks. However, inventory is sufficiently low to keep us in the Seller’s Market zone so watch changes in the MAI. If the market heats up, prices are likely to resume an upward climb.
Real-Time Market Profile
| Median List Price | $564,400 | |
| Median Price of New Listings | $563,250 | |
| Per Square Foot | $226 | |
| Average Days on Market | 35 | |
| Median Days on Market | 25 | |
| Price Decreased | 22% | |
| Price Increased | 2% | |
| Relisted | 6% | |
| Inventory | 50 | |
| Median Rent | ||
| Market Action | 81 | |
| Strong Seller's Market | ||
We continue to see prices in this zip code hovering around these current levels, even though they bumped up a bit this week. Look for a persistent up-shift in the Market Action Index before we see prices move significantly from here.
Market Segments
Each segment below represents approximately 25% of the market ordered by price.
| Median Price | Sq. Ft. | Lot Size | Beds | Bath | Age | New | Absorbed | DOM |
|---|---|---|---|---|---|---|---|---|
| $745,900 | 2,956 | 0.25 - 0.5 acre | 4 | 3 | 24 | 4 | 1 | 21 |
| $649,700 | 2,358 | 0.25 - 0.5 acre | 4 | 3 | 34 | 2 | 3 | 28 |
| $439,900 | 2,172 | 0.25 - 0.5 acre | 4 | 3 | 58 | 1 | 8 | 42 |
| $349,950 | 1,526 | 0.25 - 0.5 acre | 3 | 2 | 67 | 5 | 9 | 7 |