Real Estate Investing in South Wales, New York (14139)

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Erie County • Population: 2,093 • Data updated: September 2026

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Should you buy in 14139 (South Wales, NY)? Our answer, based on the numbers below.

🏠 For Homebuyers
MIXED
Grade C (64/100)

Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
2 flags
  • Tenant-protective state: Landlord rating 1.0/5 — slower evictions, more regulations.
  • High price-to-rent: Price-to-rent ratio 33.3 — hard to cash-flow at these prices.

• Modeled rent — no observed market rent for this ZIP; the figure is estimated from HUD fair-market rent.

What’s happening in South Wales, NY (14139)?

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3.0/ 5

Investability

Overall investment appeal

2.0/ 5

Appreciation

Long-term value growth

3.0/ 5

Cashflow ROI

Rental yield potential

Avg Home Value $370,400
Avg Monthly Rent $927
1% Rule ✗ Does Not Meet
Median Income $80,243
% Renters 6.5%

Market Analysis: 14139 South Wales

Investors eyeing 14139 need to respect the fundamentals at play. Home values of $370K come alongside slower price movement and elevated management overhead.

In practical terms, the numbers look inviting — $370K purchase price, 0.0% nominal cap — the work to hit that pro forma in 14139 is substantial and deserves full respect.

Nearby ZIPs in South Wales have seen price recovery that 14139 has not matched. Erie County data supports the view that the spread is structural rather than temporary.

On balance, 2,093 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.

looks to the ZIP is not uninvestable, but it is unforgiving. Section 8 landlords, local operators, and specialized value-add funds are the investor types that tend to succeed.

Explore the Data — Click a Tab Below
🏦 Current 30-yr Fixed Mortgage Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS

Here's what matters if you're considering buying a home in South Wales:

C Below Average
Buy Confidence Score: 58/100
Affordability
10/25
Appreciation
18/25
Stability
7/20
Timing
8/15
Rental backup
15/15
Affordability
Moderate
Homes cost 4.6× the median income
Value Trend
Rising (+7.4%)
How home values changed in the past year
Rental Backup
Strong
Could rent for $927/mo if you need to move
Market Conditions
BALANCED
Even conditions for buyers and sellers
Bottom Line: This market may be challenging for buyers. Consider your timing and budget carefully.
⚖️
BALANCED MARKET
Buffalo-Cheektowaga, NY Metro Area
Even conditions for buyers and sellers
24 days
Average time to sell
Fast
8.6%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable
📅 Market conditions as of August 29, 2026 — updated weekly from Buffalo-Cheektowaga, NY metro data
🏠

Property Strategy for 14139

Which property type performs best in this market?

Best for Cash Flow
2BR
2.9% cap rate
Best for Appreciation
3BR
+6.6% 5yr CAGR
Best Overall Value
4BR
$98,663/bedroom
📊 Compare All Property Types →
Type Median Value Est. Rent Cap Rate 5yr CAGR $/Bedroom
2BR $255,337 $1,030 2.9% +6.5% $127,668
3BR $355,458 $1,260 2.6% +6.6% $118,486
4BR $394,651 $1,430 2.6% +6.0% $98,663

Market Trends

Home Value History (with trend line)

$389K$339K$288K$238K$187K$137KJul 2006Jul 2016Jul 2026

📊 How Does 14139 Compare?

Metric 14139 South Wales Buffalo-Cheektowaga, NY New York
Home Value $370,400 $370,400 N/A $505,608
5-Year CAGR 4.7% 4.7% N/A 6.6%
Avg Rent $927 $927 N/A -
Cap Rate 2.0% 2.0% - -
💡 Why Invest in 14139? Click to expand

With a 3/5 investability rating, this ZIP shows solid fundamentals for buy-and-hold investors.

📊 See where this ZIP ranks in our Best-of lists →
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Landlord Ground Truth

Real numbers from people who own or manage rentals in ZIP 14139 (South Wales, NY). Anonymous, moderated, never written by AI.

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Investability
Good
Cap Rate
2.0%
Low
5yr Growth
+4.7%
Moderate

📊 Market Snapshot

Home Value $370,400
Monthly Rent $927
Price-to-Rent 33.3:1
1% Rule ✗ Fails

💰 Return Metrics

Gross Yield 3.0%
Cap Rate 2.0%
5-Year IRR 6.6%

📈 Home Appreciation

1-Year +7.4% ▲
3-Year CAGR +4.4% ▲
5-Year CAGR +4.7% ▲
10-Year CAGR +6.5% ▲

🏠 Rent Trends

1-Year N/A
3-Year CAGR N/A
5-Year CAGR N/A
Negative Leverage — IRR / Tax Play Cap Rate: 2.0%  |  30yr Rate: 6.8%
Leverage reduces cash returns at current rates.

The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (2.0%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.

Run an IRR Analysis →

⚠️ Risk Signals

Composite view of factors that can impact a ZIP's stability and your downside risk.

Vacancy
4.3%
Low risk
Landlord Climate
1.0/5
Protective
Value Trend (5yr)
+4.7%
Stable
Eviction process: Slow Rent control: Unfavorable

Demographics in 14139

Population: 2,093

💰 Median Household Income
$80,243
This area
$80,243
State
$86,376
USA
$74,580
🏠 Renter Occupied
6.5%
This area
6.5%
State
26.4%
USA
34.0%
💼 Unemployment Rate
2.3%
This area
2.3%
State
-24.2%
USA
3.7%
🎓 College Educated
31.6%
This area
31.6%
State
4.2%
USA
33.7%
👤 Median Age
37.7 years
This area
37.7 years
State
7.4 years
USA
38.9 years
🏚️ Vacancy Rate
4.3%
This area
4.3%
State
19.4%
USA
10.5%
👥 Population by Ethnicity
White 95.6%
Other/Mixed 3.4%
Hispanic/Latino 2.9%
Black/African American 1.1%
👶 Under 18
35.1%
This area
35.1%
USA
22.0%
👴 65 and Over
14.8%
This area
14.8%
USA
17.3%
📊 Poverty Rate
0.0%
This area
0.0%
USA
11.5%

Crime & Safety

🚧

Crime & Safety Data Coming Soon

We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.

Expected: Q1 2025

🎓 Nearby Colleges & Universities

3 Nearby
D
Bryant & Stratton College-Online
9,418 students · 12.9 mi
C
Continental School of Beauty Culture-West Seneca
67 students · 13.5 mi
D
Hilbert College
973 students · 14.7 mi

Frequently Asked Questions

How do home values compare in South Wales, NY?

Typical homes in South Wales, NY go for around $370K. The 5-year CAGR of 0.0% measured price movement.

How strong are rents in South Wales, NY?

Average rent in South Wales, NY is approximately $927/mo per month. Against $370K home values that yields a reasonable rent-to-price ratio.

How strong is the working-renter base in South Wales, NY?

Expect a solid tenant pool in South Wales, NY. The rental market absorbs $927/mo rents without meaningful friction.

Does house hacking make sense in South Wales, NY?

South Wales, NY offers a challenging house-hacking opportunity. Small multifamily or rent-by-the-room plays can pair well with the $927/mo rent level.

Which investment style suits South Wales, NY?

Investors who focus on careful cash-flow rentals with hands-on management typically do well in South Wales, NY. The numbers - $370K homes against $927/mo rents - support that play.

You know 14139 now. You don’t know where it ranks.

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How 14139 ranks in Buffalo-Cheektowaga, NY

Every ZIP in this metro, ranked. Free.

Cash Flow → Appreciation → Affordable →
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