Market Intelligence Report — NY-380

Buffalo-Cheektowaga, NY

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-NY-09
As of the latest 2026 data
Very Competitive

Median Listing

$267K
-2.7% YoY

Pending Ratio

1.24
-34.3% YoY

Active Inventory

1,856
+28.0% YoY

Median DOM

44 Days
+11.4% YoY

Primary Intelligence Tool — Sold Score™

Will your home sell in today's very competitive Buffalo-Cheektowaga market?

Sold Score™ analyzes 40+ local data points to estimate your home's probability of sale in the next 60 days across Buffalo-Cheektowaga, NY.

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The local housing market remains highly competitive, evidenced by a robust pending ratio of 1.24. Despite a 2.3% monthly decline in the median listing price, demand continues to outpace available inventory.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

4.5%+0.1 pp YoY

Unemployment rate · Aug 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

1.16M-0.1% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Buffalo-Cheektowaga market right now.

Active listings have seen a substantial year-over-year increase of 28.0%, reaching 1,856 units, while new listings also rose by 7.6% over the past year. Concurrently, the median listing price has experienced a modest year-over-year contraction of 2.7%. The pending ratio, however, declined by 34.3% year-over-year, indicating a shift from an even more intensely competitive period.

Historical Analysis

Market Trends

Median Price

$267K-2.3% MoM

Active Inventory

1,856+28.0% YoY

Days on Market

44+11.4% YoY

Sold Score™

79-34.3% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

79
Oct 23Sep 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Oct 23Sep 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Oct 23May 24Dec 24Jul 25Feb 26Sep 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

Strong demand continues to characterize market dynamics, as indicated by the high pending ratio. This suggests properties are being absorbed quickly, placing pressure on inventory levels and supporting price discipline, even with increased active listings.

Luxury Segment

The average listing price declined by 6.6% year-over-year, while the median price per square foot saw a marginal 0.9% year-over-year decrease. The spread between the average and median listing prices, with average at $354,436 and median at $267,450, suggests some divergence in higher price tiers.

Supply Dynamics

1,856 active listings represent the current floor, with new supply arriving at roughly 1,134 per month.

Pricing Pressure
12.9%

of active listings carry a price reduction, +1.8% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved -0.9% year-over-year.

Absorption
1.24

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Buffalo-Cheektowaga, NY? Homes here are taking 4 days longer to sell than last year.

Demand in Buffalo-Cheektowaga, NY is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
124%
Median Days on Market
44 days
Inventory YoY
+28%

Demand is strong in Buffalo-Cheektowaga, NY. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Buffalo-Cheektowaga, NY
CBSA Code
15380
State
NY

ZIPs in Buffalo-Cheektowaga, NY

Sorted by active inventory · click a ZIP for its full report