Erie County, NY Home Values & Market Trends
The median home price in Erie County, NY is $247,005.37. There were 11,032 home sales in Erie County, NY over the past 12 months. The median residential Erie County, NY home value for transactions over the previous year is $218,715.891. The number of current listings in Erie County, NY is 360, and the percentage of properties for sale is 360.00%. The county has 1,932 foreclosures, 37 bank owned properties, 25 headed for auction, and 360 properties for sale.
Erie County, NY Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Buffalo | $ 199,900 $ 144/sqft | East Aurora | $ 264,615 $ 167/sqft |
| Hamburg | $ 244,901 $ 169/sqft | Alden | $ 218,746 $ 156/sqft |
| Tonawanda | $ 249,900 $ 169/sqft | Glenwood | $ 117,541 $ 116/sqft |
| Orchard Park | $ 531,411 $ 202/sqft | North Collins | $ 338,461 $ 141/sqft |
| Clarence | $ 635,717 $ 204/sqft | Bowmansville | $ -- $ -- |
| Lancaster | $ 249,900 $ 202/sqft | Getzville | $ -- $ -- |
| Angola | $ 168,607 $ 137/sqft | Colden | $ -- $ -- |
| East Amherst | $ 436,883 $ 182/sqft | North Evans | $ -- $ -- |
| Grand Island | $ 329,950 $ 185/sqft | South Wales | $ -- $ -- |
| Depew | $ 245,099 $ 177/sqft | Chaffee | $ -- $ -- |
| Akron | $ 159,900 $ 90/sqft | Holland | $ -- $ -- |
| Eden | $ 239,487 $ 148/sqft | Lawtons | $ -- $ -- |
| Springville | $ 279,900 $ 126/sqft | Sardinia | $ -- $ -- |
| Lake View | $ 221,462 $ 140/sqft | East Concord | $ -- $ -- |
| Derby | $ 260,000 $ 162/sqft | Marilla | $ -- $ -- |
| Elma | $ 234,900 $ 184/sqft | Wales Center | $ -- $ -- |
| Clarence Center | $ 959,450 $ 335/sqft | Collins | $ -- $ -- |
| Boston | $ 239,900 $ 168/sqft | West Falls | $ -- $ -- |
Housing Market Summary for Erie County, NY
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $214.9K | $241.8K | 12.51% |
| Median Sold Price | $220.7K | $241.8K | 9.56% |
| Homes For Sale | 528 | 312 | -40.91% |
| Homes Sold | 5,302 | 6,588 | 24.25% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Erie County, NY
Browse Homes in Erie County, NY
Erie County, NY home values range from $19,400 to $14,500,000. Clarence Center is the priciest city with a median listing home price of $959,450, and Glenwood is most affordable with average house prices of around $145,000.
- Pre-ForeclosurePre-foreclosure homes account for 0.63% of all residential properties in Erie County, NY with Buffalo containing 911 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 36 cities within Erie County, NY; of those cities, the estimated home value for pre-foreclosure homes ranges from $1,277,805 in West Falls to the lowest home value of $35,494 in Buffalo.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Erie County, NY ranges from the highest value of $334,100 in Elma to the lowest value of $44,900 in Angola. Bank owned homes and properties account for 0.01% of properties in Erie County, NY. There are 36 cities within Erie County, NY; Buffalo containing 12 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsBuffalo has 17 auction properties, the highest number of properties going to auction in a single city in the state of Erie County, NY. Auction homes and other auction properties account for 0.01% of all properties in Erie County, NY. There are 36 cities within Erie County, NY; of those cities, the median estimated home value for homes going to auction ranges from $421,750 in Hamburg to the lowest value of $49,874 in Hamburg.
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More Real Estate Resources for Erie County, NY
Guide for Erie County, NY
An increase is house prices but a slowdown of homes sold in September
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
