Welcome to our 14224 real estate data hub, tailored for investors in Buffalo, NY. We aim to provide valuable insights, empowering you to make well-informed decisions in this unique market.
Explore essential data such as home prices, rental rates, and appreciation trends specific to 14224 in Buffalo, NY. Discover Section 8 housing opportunities and challenges to maximize your investment potential in ERIE COUNTY.
Leverage our comprehensive, zip code-specific data to excel in Buffalo, NY real estate investing. Uncover the wealth of information available, and position yourself for success in the Buffalo property market.
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Location Overview
- Zip Code: 14224
- City: Buffalo
- State: NY
- Metro Area: Buffalo-Cheektowaga, NY
- County Name: ERIE COUNTY
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Real Estate Market Snapshot
- Average Home Price (All Types): $247,097
- Average Home Price (Single Family Homes): $248,617
- Average Monthly Rental Price (All Types): $1,250
- Price-to-Rent Ratio: 16
- Zillow Projected % appreciation from 4/2023-4/2024: 0.9%
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Section 8 Housing Insights
- Average 2 Bedroom Section 8 Rental Rates: $1,150
- Average 3 Bedroom Section 8 Rental Rates: $1,410
- Price-to-Rent Ratio for 2 Bedroom Section 8 Properties: 17.91
- Price-to-Rent Ratio for 3 Bedroom Section 8 Properties: 14.6
- Number of Units Offered in Section 8 in the County: 6719
- Number of Occupied Units in Section 8 in the County: 6394
- Percentage of Section 8 Units Occupied in the County: 95.19999695%
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Historical & Recent Price Appreciation Rates
- Total % Appreciation since 1990 (Government Data): 165.92
- Total % Appreciation since 2000 (Government Data): 130.93
- YTD Appreciation (Backwards from 4/2023, Realtor Data): -0.09%
- 1-Year Appreciation (Backwards from 4/2023, Realtor Data): 3.32%
- 3-Year Appreciation (Backwards from 4/2023, Realtor Data): 24.89%
- 5-Year Appreciation (Backwards from 4/2023, Realtor Data): 36.14%
- 10-Year Appreciation (Backwards from 4/2023, Realtor Data): 67.24%
- 15-Year Appreciation (Backwards from 4/2023, Realtor Data): 74.27%
- 20-Year Appreciation (Backwards from 4/2023, Realtor Data): 121.71%
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Historical & Recent Rent Appreciation Rates
- YTD Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 1-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 3-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%
- 5-Year Rent Appreciation (Backwards from 4/2023, Realtor Data): Not Available%