Buffalo, NY Real Estate
According to census data in the year 2000 there were 145,574 housing units in Buffalo.
This represents a 4.2% decline from 151,971 in 1990.
Of those housing units, 145,574 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.
Homeownership rate in Buffalo is about 43.5%.
Buffalo's vacancy rate, including seasonal lodging, is about 15.7%.
Average household size is 2.29 people.
The majority of houses, apartments or condos in Buffalo were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||4.50%|
Owned Homes, Apartments and Condos
|Average Household Size||2.56|
|Median year structure was built||1939|
|Median Value of occupied units||$59,300|
|Median Price asked for vacant units||$46,700|
Rented Homes, Apartments and Condos
|Average Household Size||2.09|
|Median year structure was built||1940|
|Median Monthly Rent asked for vacant units||$357|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||9.10%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19%|