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Buffalo city, NY

ZIP 14202 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 14202

Median Home Value
$495,800
Median Rent
$700
Affordability Snapshot
$137,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$3,185/mo PITI).

18%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

10.3x
Home Price-to-Income Ratio

Well above the 3-5x guideline — challenging for first-time buyers.

59.0 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 14202 in Buffalo city, NY, a household would need roughly $137,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $3,185. That is about 185% above the local median household income ($47,990), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 10% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
24.5%-63% vs US avg
x
Vacancy Rate
10.1%-2% vs US avg
x
Broadband Access
85.5%-2% vs US avg
x
4+ Bedrooms
0.8%-95% vs US avg
x
Built Pre-1939
3.4%-73% vs US avg
x
Built Post-2014
0.0%
x
Rent Burden >30%
22.9%-54% vs US avg
x
Mortgage-Free
36.4%-5% vs US avg
x
$495,800
Home Value
$700
Rent
1953
Year Built
2015
Moved In

Residents have lived here since ~2015 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached3.7%
  • 1-unit attached8.1%
  • 2-9 units19.6%
  • 10+ units68.6%
  • Mobile home & other0.0%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$495,800
Median rent$700
Owner-occupied24.5%
Vacant10.1%
Price-to-income10.3x
Est. income to buy$137,000