Is Buffalo a buyer's or seller's market right now?

Buffalo is currently a seller's market with 2.6 months of supply. 55.7% of homes sell above asking price, and 23.6% go pending within two weeks. The Ridley Sell Score for Buffalo is 78/100 (Strong), based on 7 real-time market signals including inventory, pricing trends, and buyer demand.

What's the median home price in Buffalo?

The median home price in Buffalo is $225,750, up 12.9% year-over-year. The median price per square foot is $121. Homes sell in a median of 34 days with a sale-to-list ratio of 102%.

How much does it cost to sell a home in Buffalo, New York?

On a $225,750 home in Buffalo, a traditional listing agent charges around $6,773 (3% commission). Add buyer agent commission (3%), closing costs (1–2%), and you could spend $18,060 or more. With Ridley Essentials ($999) you save $5,774, and with Ridley Pro ($3,499) you save $3,274 while getting full agent support.

How does Ridley's flat fee compare to a traditional Buffalo agent?

A traditional Buffalo listing agent typically charges 3% of the sale price — about $6,773 on a $225,750 home. Ridley offers two flat-fee plans: Essentials ($999) with MLS listing, marketing tools, and self-service support, or Pro ($3,499) with a dedicated licensed agent. That saves you $5,774–$3,274 compared to a traditional agent.

How long does it take to sell a home in Buffalo?

The median home in Buffalo currently spends 34 days on the market before going under contract. 23.6% of homes go pending within two weeks. At a 102% sale-to-list ratio, sellers are getting very close to or above asking price. Only 17.3% of listings see a price drop, suggesting sellers can hold firm on pricing.

Do I need a real estate agent to sell in New York?

No. New York does not require you to use a real estate agent to sell your home. You can sell independently (FSBO) or use a flat-fee service like Ridley that gives you MLS access, professional tools, and expert support at a fraction of the traditional commission. On a $225,750 home, that could save you up to $3,274.

What's included with Ridley Essentials and Pro?

Ridley offers two plans in New York. Essentials ($999) includes MLS listing distribution, professional listing tools, marketing materials, and self-service support. Pro ($3,499) includes everything in Essentials plus a dedicated licensed agent partner, expert pricing consultation, offer review and negotiation support, contract and deadline management, and full closing coordination. Both save significantly vs. the traditional $6,773 commission.

National/New York

Buffalo, NY

Is Now a Good Time to Sell in Buffalo, New York?

The median home in Buffalo sells for $225,750 with prices up 12.9% year-over-year. The average seller pays $6,773 in commissions — Ridley’s flat fee saves you $3,274.

Buffalo Real Estate Market Conditions — March 2026

78out of 100

Ridley Sell Score

How it's scored →

Strong

78/100

Conditions strongly favor sellers — high demand and fast sales.

What this means for sellers

Conditions in Buffalo favor sellers right now. Demand is outpacing supply, and well-priced homes should attract strong interest. Sellers who list now are positioned to sell quickly and close at or above asking price.

Inventory TightnessFavors sellers

2.6 months of supply — below the 5-month balanced threshold — 4% below the New York average of 2.7.

Price MomentumNeutral

Prices up 12.9% year-over-year — vs. +15% statewide.

Seller LeverageFavors sellers

Homes selling at 102% of asking — sellers are getting 2% above list on average. New York average is 99.7%.

Bidding ActivityFavors sellers

55.7% of homes selling above list price — 50% above the New York average of 37.2%.

Sale SpeedFavors sellers

34 median days on market — 13 days faster than the New York average.

Market UrgencyNeutral

23.6% of listings go pending within 2 weeks — vs. 21% statewide.

Price StabilityNeutral

17.3% of listings have dropped their price. New York average is 15.3%.

Score based on 7 real-time market signals. Updated with latest available data.

How it works →

Median Sale Price

The midpoint price of all homes sold in the past month. Half sold for more, half for less.

$225,750

+12.9%

Days on Market

How long the typical home sits on the market before going under contract. Lower is better for sellers.

Price per Sq Ft

Average cost per square foot of living space. Useful for comparing homes of different sizes.

$121

Sale-to-List Ratio

How close homes sell to their asking price. Above 100% means bidding wars; below means negotiation room.

102%

Months of Supply

How long it would take to sell all current listings at the current pace. Under 3 months favors sellers; over 6 favors buyers.

2.6

Seller’s market

Competitiveness

Overall market competition based on offers per listing, days on market, and sale-to-list ratio.

Somewhat Competitive

Sold Above List

Percentage of homes that sold for more than their list price.

55.7%

Strong demand

Price Drops

Percentage of active listings that had a price reduction.

17.3%

Well-priced market

Pending in 2 Weeks

Percentage of listings that went under contract within 14 days.

23.6%

Slower pace

12-Month Price Trend

$177,500 → $225,750

▲27.2%

$220K$200K$180K

AprJunAugOctDecFebMar

Data updated March 2026

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Personalized pricing signals, demand shifts, and Sell Score changes for Buffalo — delivered monthly.

Your savings

How much can you save selling your home in Buffalo?

The average Buffalo homeowner saves $3,274 by selling with Ridley instead of paying the traditional 3% listing commission on a $225,750 home.

$0Estimated savings

That could furnish your new living room — save 1.5% of your home value

Your Buffalo home value

$225,750

$50,000$10M

Traditional Agent (3%)

$6,773

Ridley Pro (flat fee)

$3,499

Ready to sell in Buffalo?

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Cost comparison

How much does it cost to sell a house in Buffalo?

The total cost to sell a house in Buffalo in 2026 ranges from $999 with Ridley Essentials to approximately $6,773 with a traditional 3% commission on a $225,750 home.

	Traditional Agent	Best valueRidley Pro	Ridley Essentials	FSBO
Listing fee	$6,773	$3,499	$999	$0
Buyer agent	$6,3212.8% avg	$4,515~2% avg	$4,515~2% avg	$6,3212.8% avg
Closing costs (~1.5%)	$3,386	$3,386	$3,386	$3,386
Total cost	$16,480	$11,400	$8,900	$9,707
Net proceeds	$209,270	$214,350	$216,850	$216,043
You save	—	$3,274	$5,774	$6,773No support