The story of this market
The typical home in ZIP 14201 sells for about $368,993, or $147 per square foot.
Prices are up +2.6% from a year ago, so sellers still have some momentum. Homes take about 34 days to sell. HUD's fair market rent for a two-bedroom is $1,053 a month.
ZIP 14201 — Buffalo
The 14201 housing market is currently experiencing a competitive environment with low inventory and steady price appreciation. Demand is driven by the area's proximity to the medical corridor and urban amenities, though affordability remains a challenge for many residents. Market activity is stable, with homes selling quickly despite broader economic headwinds.
This area is well-suited for investors and young professionals who value proximity to the urban core and cultural amenities. It is less ideal for families seeking traditional suburban school environments, but offers significant value for those prioritizing walkability and city living.
Median prices moved up 2.6% year over year.
Homes spend a median of 34 days on market with 0.2 months of supply — a fast-moving market.
13% of listings have cut prices · homes sell at 108% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 7.7% · poverty 39.5% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 10.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 6.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 14201, Erie County NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Crime rates in the Buffalo area remain a significant concern, with property and violent crime indices consistently higher than the national average. Local efforts are focused on community policing and urban revitalization to address these long-standing regional challenges.
Public schools in the area are part of the Buffalo City School District, which faces ongoing challenges regarding academic performance and resource allocation. Many families in the district seek alternative educational options, including charter and private institutions.
The area is subject to severe winter weather, including heavy lake-effect snow, which necessitates robust infrastructure and maintenance. Flood risks are primarily localized to specific low-lying areas near the waterfront, and property insurance premiums are influenced by these climate-related exposures.
Economic momentum is driven by the healthcare, education, and professional services sectors, with major institutions like the Buffalo Niagara Medical Campus serving as key anchors. Infrastructure projects, including waterfront redevelopment and transit improvements, are central to the city's long-term growth strategy.
Property taxes are levied by the City of Buffalo, Erie County, and the Buffalo City School District, with rates determined by annual assessments. The jurisdiction utilizes a homestead exemption for owner-occupied primary residences, though overall effective tax rates remain among the highest in the state.
Residents benefit from proximity to downtown Buffalo, with most employment hubs accessible via a short drive or public transit. The area is well-connected to major highway corridors, facilitating regional travel.
The ZIP code features access to historic parks and proximity to the Buffalo waterfront, offering trails and recreational space. Shopping and dining districts are concentrated in nearby neighborhoods, providing a mix of local and regional amenities.
The rental market is characterized by high demand and limited vacancy, driven by a large student and young professional population. Rent trajectories have shown steady upward pressure due to the constrained supply of quality housing units.
The economy is anchored by healthcare, higher education, and government services. Major employers include the University at Buffalo and various regional medical centers.
The area is served by the NFTA Metro Rail and bus network, providing connectivity to downtown and surrounding suburbs. Highway access is provided by the I-190 corridor.
Ongoing urban renewal projects focus on adaptive reuse of historic structures and expansion of the medical corridor.
Parcels are subject to city, county, and school district taxes, with no significant MUD/PID presence.
Property insurance premiums are moderate but rising, reflecting regional climate risks and aging housing stock.
Data retrieved from US Census Bureau ZCTA profiles.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Great Wolf Lodge | Niagara4.417.8 mi
- Safari Niagara4.49.5 mi
- Niagara SkyWheel4.616.5 mi
- Fallsview Indoor Waterpark3.916.4 mi
- Sun Retreats Sherkston Shores4.312.8 mi
- Fallsview Casino Resort4.316.2 mi
- KeyBank Center4.51.6 mi
- Safari Niagara4.49.5 mi
- Buffalo RiverWorks4.12 mi
- Niagara Falls Convention Centre4.416 mi
- Peace Bridge4.31.2 mi
- Safari Niagara4.49.5 mi
- Seneca Buffalo Creek Casino3.91.8 mi
- The Buffalo Zoo4.33.3 mi
- Buffalo AKG Art Museum4.62.5 mi
- Safari Niagara4.49.5 mi
- Buffalo AKG Art Museum4.62.5 mi
- Canalside4.61.4 mi
- Buffalo and Erie County Botanical Gardens4.65.7 mi
- Buffalo Museum of Science4.62.3 mi
- Buffalo and Erie County Botanical Gardens4.65.7 mi
- Northtown Center at Amherst4.48.6 mi
- Solé Sand Bar at Woodlawn Beach4.27.7 mi
- Reinstein Woods Nature Preserve4.88.5 mi
- Freedom Park4.51.5 mi
- Erie Basin Marina4.61.2 mi
- Sturgeon Point Marina4.616.4 mi
- Sugarloaf Harbour Marina4.618.7 mi
- Buffalo Yacht Club4.50.8 mi
- Buffalo Launch Club4.76.2 mi
- Legends on the Niagara Golf Course4.612.8 mi
- Delaware Park4.73 mi
- Diamond Hawk Golf Course & Pub "The Hawk"4.29.1 mi
- Pendleton Creek Golf and Pub4.612.3 mi
- Harvest Hill Golf Course4.411.5 mi
- Walden Galleria4.36.5 mi
- McKinley Mall3.88.7 mi
- T.J. Maxx4.27.7 mi
- Primark4.56.5 mi
- Burlington3.86.2 mi
- Buffalo Niagara International Airport4.48.3 mi
- Niagara Falls International Airport4.214.8 mi
- Niagara Helicopters Limited4.518.1 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major employment and research hub serving the region.
Historic Olmsted-designed park providing extensive green space.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.