Duplex
124 Ludington St · Buffalo, NY
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $691 – $1,283
Heat risk 3/10 · Minor
- Hot days now (above 92°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 1/10 · Minimal
- Chance of severe wind over 30 yrs
- —
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 2 days/yr
- Unhealthy air days in 30 yrs
- 3 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the B+ grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- Cash flow +30.0/30.0
- 1% rule +10.0/10.0
- DSCR +10.0/10.0
- Appreciation +9.0/10.0
- ARV discount +7.5/15.0
- Schools +4.9/10.0
- Livability +3.9/5.0
- Rent growth +2.5/5.0
- Condition / age +2.2/5.0
$109,900
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Multi-family units
County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 2 units. confirmed
Listing remarks MLS
Great rental area. Long time tenants. Both units in good condition.
Key facts
- Formal dining room
- Investment property
- Spacious unit
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2 × 3-bed/1.0-bath units multifamily listed at $110k. Condition is rated fair.
- This rent per unit runs 33% of the median local income ($50k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.
Deal economics
- At list price, monthly cash flow is $1k ($18k/yr) — positive. Per door: $747/mo.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($3k rent vs $110k).
- Recommended offer: $103k (6.0% below list) — sets the bar for market timing.
- Cap rate 22.6% vs local median 7.0% in Buffalo — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.
Location & tenants
- Location reads 77/100 on livability (#195 in NY, #3,011 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: crime F, employment D-.
- Buffalo City School District (urban): math 41% / reading 40% proficiency, ranked #535 of 590 in NY (top 91%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 75% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: International School (math 8% / reading 17%, grade F, #2,048 of 2,108 statewide, top 97%, 981 students, 92% FRL); Hutchinson Central Technical High School (math 96% / reading 32%, grade B-, #807 of 1,100 statewide, top 73%, 1,175 students, 78% FRL).
- Market conditions: 229 active listings in the ZIP; 1,244 units permitted in Erie County in 2024 (563 in 5+ unit buildings).
Forward outlook
- In year one you build about $10k of equity ($760 loan paydown + $9k appreciation (8.1% local appreciation)).
- At projected returns (8.1% appreciation + 3.0% rent growth), your $31k cash investment doubles in ~2 years — after that, you're playing with house money.
- By year 4, paydown + projected appreciation supports a ~$33k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.
Negotiation context
- It's been on market 89 days — a 6% lower offer ($103k) is reasonable based on typical stale-listing flexibility.
- 3 sale attempts since 15y ago; this cycle's ask has dropped $49k (31%) from the opening price — seller is motivated, your offer sets the floor, not the list.
- Current owner paid $47k; list at $110k implies a 134% gain — meaningful room to come down on a strong offer.
Risks & watch-outs
- Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
Questions for the listing agent
- It's been on market 89 days. Have you received any prior offers? Is the seller open to a 6% concession, seller financing, or rate buy-down credit?
- Can we see the unit-by-unit rent roll, current vacancy, and any below-market leases? What's the average tenancy length?
- What capital expenditures (roof, boiler, parking lot, exteriors) have been made in the last 5 years, and what's planned in the next 2?
- Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
- Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 2.49% ✓
- Cap rate
- 22.61%
- Cash-on-cash
- 58.27%
- DSCR
- 3.59
- GRM
- 3.3
CMA / ARV
- ARV (median comp)
- $251,550
- List price
- $109,900
- Delta
- -56.31%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 153 Ideal St | 0.15mi | 6/2.5 | 2,390 (+1%) | 11mo | $141,500 | $59 | 80 |
| 53 Gold St | 0.25mi | 6/2.0 | 2,412 (+2%) | 12mo | $170,000 | $70 | 75 |
| 1330 Bailey Ave | 0.33mi | 6/2.0 | 2,200 (-7%) | 3mo | $210,000 | $95 | 70 |
| 1514 William St | 0.34mi | 6/2.0 | 2,200 (-7%) | 5mo | $175,000 | $80 | 68 |
| 1047 E Lovejoy St | 0.14mi | 6/2.0 | 2,640 (+11%) | 17mo | $220,000 | $83 | 61 |
| 136 Longnecker St | 0.07mi | 6/2.0 | 2,705 (+14%) | 16mo | $195,000 | $72 | 60 |
| 55 N Ogden St Unit E | 0.37mi | 6/2.0 | 2,184 (-8%) | 15mo | $220,000 | $101 | 57 |
| 347 Ludington St | 0.42mi | 5/2.0 (-1) | 2,074 (-12%) | 1mo | $176,500 | $85 | 54 |
| 120 Gold Street St | 0.20mi | 5/2.0 (-1) | 2,104 (-11%) | 17mo | $151,000 | $72 | 53 |
| 8 Wagner Ave | 0.52mi | 5/3.0 (-1) | 2,149 (-9%) | 4mo | $205,000 | $95 | 48 |
| 103 Goethe St | 0.48mi | 5/2.0 (-1) | 2,024 (-15%) | 17mo | $140,000 | $69 | 34 |
| 75 Brownell St | 0.74mi | 7/3.0 (+1) | 2,565 (+8%) | 18mo | $81,500 | $32 | 28 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
8.06% appreciation · 3.0% rent growth · sell at horizon
- IRR
- 68.6%
- Equity multiple
- 5.58×
- Total profit
- $140,832
- Equity at exit
- $83,931
- IRR
- 63.9%
- Equity multiple
- 11.98×
- Total profit
- $337,891
- Equity at exit
- $167,020
Cash invested: $30,772 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (STATE)
- 15 Strongly Tenant-Friendly
- State New York
- 15 Strongly Tenant-Friendly · D+10
- County
- — inherits STATE
- City
- — inherits STATE
Active competition Active MLS
- For sale now
- 9 active · 8 under contract
- Months of supply
- 6.0 mo (17%/mo absorbed)
- Median asking
- $149,900 ($66/sqft)
- Median days on market
- 43 d
- This list price
- 22% of active listings are priced below it
- ARV vs active asking
- +60.9% above current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 14206
- Home prices YoY
- 1.8%
- Active inventory
- 229
- Price-to-rent
- 6.7×
Monthly cashflow live
- Estimated rent
- $2,737 high interval (Pro) →
- Mortgage (P&I)
- −$576
- Tax from tax record
- −$46 /mo · $551/yr
- Insurance
- −$46
- HOA
- −$0
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$575
- Net cashflow
- $1,494
2-unit breakdown (identical units grouped — click to expand)
| Units | Beds | Baths | Est. rent |
|---|---|---|---|
| 2× units | 3 | 1 | $2,736 |
| #1 | 3 | 1 | $1,368 |
| #2 | 3 | 1 | $1,368 |
| Total (2 units) | $2,737 | ||
Break-even live
Sensitivity live
| Price | -10% $1,556 | -5% $1,525 | +0% $1,494 | +5% $1,463 | +10% $1,432 |
|---|---|---|---|---|---|
| Rent | -10% $1,278 | -5% $1,386 | +0% $1,494 | +5% $1,602 | +10% $1,710 |
| Rate | -1.0pp $1,549 | -0.5pp $1,522 | base $1,494 | +0.5pp $1,466 | +1.0pp $1,437 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $27,475
- Closing costs
- $3,297
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 35 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 111 Dempster St Buffalo, NY | 3.0 | 1.0 | 2236 | $1,350 | $0.60 | 35d | 1 | 0.14mi |
| 214 Ludington St Buffalo, NY | 3.0 | 1.0 | 2685 | $1,400 | $0.52 | 16d | 1 | 0.15mi |
| 35 Benzinger St Buffalo, NY | 2.0 | 1.0 | — | $945 | — | 51d | 1 | 0.21mi |
| 37 Dempster St Unit 1ST Buffalo, NY | 3.0 | 2.0 | — | $1,100 | — | 52d | 1 | 0.23mi |
| 1784 William St Buffalo, NY | 2.0 | 1.0 | 880 | $1,000 | $1.14 | 20d | 1 | 0.30mi |
| 1150 Bailey Ave Buffalo, NY | 4.0 | 1.5 | 1100 | $1,200 | $1.09 | 73d | 1 | 0.33mi |
| 238 Schiller St Buffalo, NY | 2.0 | 1.0 | — | $1,495 | — | 93d | 1 | 0.45mi |
| 109 Goethe St Buffalo, NY | 2.0 | 1.0 | 600 | $985 | $1.64 | 35d | 1 | 0.47mi |
| 18 Goethe St Buffalo, NY | 2.0 | 1.0 | — | $900 | — | 20d | 1 | 0.47mi |
| 106 Reiman St Buffalo, NY | 2.0 | 1.0 | — | $1,025 | — | 73d | 1 | 0.53mi |
| 1777 Broadway Unit 2 Buffalo, NY | 3.0 | 1.0 | 1300 | $1,200 | $0.92 | 93d | 1 | 0.64mi |
| 444 Schiller St Buffalo, NY | 2.0 | 1.0 | — | $900 | — | 51d | 1 | 0.74mi |
| 220 Michael Ave Unit Labs Sloan, NY | 3.0 | 1.5 | 1297 | $1,800 | $1.39 | 15d | 1 | 0.89mi |
| 494 S Ogden St Buffalo, NY | 2.0 | 1.0 | — | $1,000 | — | 73d | 1 | 0.98mi |
| 325 Barnard St Unit 2 Buffalo, NY | 3.0 | 1.0 | — | $1,350 | — | 25d | 1 | 0.99mi |
| 36 Krakow St Buffalo, NY | 3.0 | 1.0 | 1106 | $1,600 | $1.45 | 11d | 1 | 1.04mi |
| 134 Colby St Buffalo, NY | 2.0 | 1.0 | 1041 | $1,600 | $1.54 | 15d | 1 | 1.10mi |
| 241 Weimar St Buffalo, NY | 2.0 | 1.0 | — | $900 | — | 73d | 1 | 1.15mi |
| 221 Cable St Unit REAR Buffalo, NY | 2.0 | 1.0 | — | $1,000 | — | 11d | 1 | 1.18mi |
| 14 Rutland Ave Buffalo, NY | 4.0 | 1.0 | 1430 | $2,200 | $1.54 | 30d | 1 | 1.28mi |
| 56 Fredro St Buffalo, NY | 2.0 | 1.0 | — | $825 | — | 51d | 1 | 1.29mi |
| 56 Fredro St Buffalo, NY | 3.0 | 1.5 | — | $1,250 | — | 69d | 1 | 1.29mi |
| 18 Sobieski St Buffalo, NY | 4.0 | 2.0 | — | $1,300 | — | 69d | 1 | 1.31mi |
| 30 Hobart St Buffalo, NY | 2.0 | 1.0 | — | $900 | — | 73d | 1 | 1.31mi |
| 1368 Harlem Rd Buffalo, NY | 2.0 | 1.0 | 1776 | $1,300 | $0.73 | 73d | 1 | 1.33mi |
| 1234 Clinton St Buffalo, NY | 3.0 | 1.5 | — | $1,925 | — | 20d | 1 | 1.33mi |
| 979 Walden Ave Buffalo, NY | 4.0 | 3.0 | 1793 | $2,000 | $1.12 | 11d | 1 | 1.37mi |
| 43 Loepere St Buffalo, NY | 2.0 | 1.0 | — | $900 | — | 73d | 1 | 1.38mi |
| 1037 Walden Ave Unit 4 Buffalo, NY | 2.0 | 1.0 | 5214 | $1,150 | $0.22 | 25d | 1 | 1.42mi |
| 91 Cable St Buffalo, NY | 2.0 | 1.0 | — | $1,100 | — | 93d | 1 | 1.42mi |
| 96 Academy Rd Buffalo, NY | 3.0 | 1.0 | 2247 | $1,400 | $0.62 | 73d | 1 | 1.43mi |
| 181 Willett St Buffalo, NY | 3.0 | 1.0 | 2704 | $1,550 | $0.57 | 11d | 1 | 1.47mi |
| 408 Koons Ave Unit Lower Buffalo, NY | 3.0 | 2.0 | 1150 | $1,050 | $0.91 | 47d | 1 | 1.48mi |
| 408 Koons Ave Unit 1 Buffalo, NY | 3.0 | 1.0 | — | $1,050 | — | 25d | 1 | 1.48mi |
| 24 Euclid Ave Buffalo, NY | 3.0 | 2.0 | 1150 | $1,700 | $1.48 | 93d | 1 | 1.49mi |
Property features AI
Finance
- Financial info
- Operating expenses include insurance, maintenance, professional management, and water/sewerOwner pays trash collection and water (see remarks)Rent includes trash collection and water (see remarks)Two leased units with current rents of $1,000 and $995
Exterior
- Parking
- On-street parking
- Utilities
- Electricity connectedSewer connectedPublic water connectedCable availableHigh-speed internet available
- Home design
- Two-story multifamily buildingResale propertyWood siding
- Construction
- Wood siding constructionExisting year builtFull basement foundation
- Exterior features
- Fully fenced yardPorchRectangular residential lotNear public transitCity street frontage
Interior
- Kitchen
- Eat-in kitchensFormal dining rooms
- Bedrooms
- Two 3-bedroom units
- Flooring
- CarpetHardwoodVinylVaried flooring
- Bathrooms
- Each unit has 1 full bathroom (2 full bathrooms total)
- Heating & cooling
- Gas heatingForced airHot water heating
- Interior features
- Full basementEnclosed porch
- Laundry & utility
- Gas water heater
Listing history 50 events
-
2026-08-08days on market $109,900 Active 89 DOM
-
2026-08-07days on market $109,900 Active 88 DOM
-
2026-08-06days on market $109,900 Active 87 DOM
-
2026-08-05days on market $109,900 Active 86 DOM
-
2026-08-04days on market $109,900 Active 85 DOM
-
2026-08-03days on market $109,900 Active 84 DOM
-
2026-07-31days on market $109,900 Active 81 DOM
-
2026-07-30days on market $109,900 Active 80 DOM
-
2026-07-30days on market $109,900 Active 79 DOM
-
2026-07-28pricedays on market $109,900 Active 78 DOM
-
2026-07-26days on market $119,900 Active 76 DOM
-
2026-07-24days on market $119,900 Active 74 DOM
-
2026-07-23days on market $119,900 Active 73 DOM
-
2026-07-22days on market $119,900 Active 72 DOM
-
2026-07-21days on market $119,900 Active 71 DOM
-
2026-07-20days on market $119,900 Active 70 DOM
-
2026-07-18days on market $119,900 Active 68 DOM
-
2026-07-18days on market $119,900 Active 67 DOM
-
2026-07-16days on market $119,900 Active 66 DOM
-
2026-07-15days on market $119,900 Active 65 DOM
-
2026-07-14days on market $119,900 Active 64 DOM
-
2026-07-13days on market $119,900 Active 63 DOM
-
2026-07-13days on market $119,900 Active 62 DOM
-
2026-07-11days on market $119,900 Active 61 DOM
-
2026-07-10days on market $119,900 Active 60 DOM
-
2026-07-09days on market $119,900 Active 59 DOM
-
2026-07-07days on market $119,900 Active 57 DOM
-
2026-07-06days on market $119,900 Active 56 DOM
-
2026-07-05days on market $119,900 Active 55 DOM
-
2026-07-03days on market $119,900 Active 53 DOM
-
2026-07-02days on market $119,900 Active 52 DOM
-
2026-07-01days on market $119,900 Active 51 DOM
-
2026-06-30days on market $119,900 Active 50 DOM
-
2026-06-30price $119,900 Active 49 DOM
-
2026-06-29days on market $139,900 Active 49 DOM
-
2026-06-28days on market $139,900 Active 48 DOM
-
2026-06-27days on market $139,900 Active 47 DOM
-
2026-06-27days on market $139,900 Active 46 DOM
-
2026-06-25days on market $139,900 Active 44 DOM
-
2026-06-22days on market $139,900 Active 42 DOM
-
2026-06-21days on market $139,900 Active 41 DOM
-
2026-06-18days on market $139,900 Active 38 DOM
-
2026-06-17days on market $139,900 Active 37 DOM
-
2026-06-16days on market $139,900 Active 36 DOM
-
2026-06-15days on market $139,900 Active 35 DOM
-
2026-06-13days on market $139,900 Active 33 DOM
-
2026-06-13days on market $139,900 Active 32 DOM
-
2026-06-10days on market $139,900 Active 30 DOM
-
2026-06-09days on market $139,900 Active 29 DOM
-
2026-06-08days on market $139,900 Active 28 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Tax reassessment forecast NY · Partial reset (capped growth)
- Current annual tax
- $551 · $46/mo
- Projected year-2 tax
- $1,204 · $100/mo
- Expected delta
- +$653/yr (+$54/mo · 118.4%)
ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 3/10 Moderate 7 d/yr ≥92°F today · 15 d/yr by 30 yrs out
- Wind 1/10 Low
- Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $32,844
- − Mortgage interest
- −$6,156
- − Property taxes
- −$551
- − Insurance
- −$550
- − Repairs & maintenance
- −$2,628
- − Management
- −$2,628
- − Depreciation
- −$3,197
- Taxable income
- $17,135
- Est. tax owed @ 24.0%
- −$4,112
- After-tax cash flow
- $13,817/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 3 photos
A well-maintained 2-unit investment property with good condition and recent updates, offering strong rental stability and immediate income potential.
Deferred maintenance Est. $50,000–$150,000 screening
- Major Roof (roof) — The roof appears to be old and possibly leaking, as evidenced by the wet spots on the ground.
- Major Windows (windows) — The windows seem to be old and possibly in need of replacement, as they appear to be in poor condition.
- Major Electrical (electrical) — The electrical panel appears to be old and possibly in need of replacement, as it is not visible and the house is in need of major repairs.
- Major Plumbing (plumbing) — The plumbing appears to be old and possibly in need of replacement, as the house is in need of major repairs.
- Major Exterior (exterior) — The exterior of the house appears to be in poor condition, with peeling paint and possibly structural issues.
Repairs flagged
- Minor Lower unit flooring — New carpet in lower unit.
- Minor Upper unit flooring — No visible damage, but may need minor touch-ups.
- Minor Upper unit paint — Painted prior to closing, but may need touch-ups for a fresh look.
Value-add opportunities
- Both New flooring in both units — New flooring enhances both resale and rental appeal. ↑
- Both Paint touch-ups — Fresh paint enhances curb appeal and interior aesthetics. ↑
- Both Landscaping improvements — Improved landscaping enhances curb appeal and property value. ↑
- Both New window treatments — New window treatments enhance curb appeal and interior aesthetics. ↑
- Both New lighting fixtures — New lighting fixtures enhance curb appeal and interior aesthetics. ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- Buffalo City School District
- NCES district ID
- 3605850
- Math proficiency
- 41% ▲ 11.00%
- Reading proficiency
- 40% ▲ 7.00%
- Median HH income
- $31,665
- Composite
- 33.17/100
- National rank
- #5544
- State rank
- #535 of 590 in NY
Livability — Buffalo
- Score
- 77/100
- State rank
- #195
- US rank
- #3011
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Buffalo, NY
- County
- Erie County · 933,037 people
- City population
- 440,021
- Metro
- Buffalo-Cheektowaga, NY
- Population (ZIP)
- 21,631
- Household income
- $50,450
- Rent vs Own
- Severe rent burden
- 14% of renters
Population outlook (Erie County) Hauer SSP2
- Today (2025)
- 933,037 people
- By 2030
- 935,181 · +0.2%
- By 2040
- 928,531 · -0.5%
- By 2050
- 905,725 · -2.9%
- By 2075
- 834,037 · -10.6%
- By 2100
- 708,033 · -24.1%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Majority White (65%)
- Race & ethnicity
- White 65% Hispanic / Latino 13% Black 12% Two or more races 8% Asian 4%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 10%
- Common ancestry
- Romanian 25% Lithuanian 1% Italian 1%
- Foreign-born
- 6% · Canada, China
- Languages at home
- 88% English-only · Spanish 5% Other Indo-European 3% Arabic 2%
Political lean MEDSL · Erie
- 2024 margin
- Lean D (+9.7) · D 54.8% · R 45.2%
- 2008→2024 swing
- -7.9pp toward R · 2008: 17.5pp · 2024: 9.7pp
- All cycles
- 2024: D+9.7 2020: D+14.7 2016: D+4.8 2012: D+15.6 2008: D+17.5
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▲ 8.06%
- Current HPI
- 457.3935
- Rent YoY
- —
- Metro
- Buffalo-Cheektowaga, NY
- State GDP YoY
- ▲ 2.60%
- F500 in state
- 92
Industry mix (Fortune 500 HQ in NY)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 10 | $950B |
|
||
| Consumer Goods | 9 | $162B |
|
||
| Insurance | 4 | $225B |
|
||
| Telecommunications | 2 | $144B |
|
||
| Pharmaceuticals | 2 | $112B |
|
||
| Media / Entertainment | 2 | $69B |
|
||
Price history
+210.9% since first listed17 events — show timeline
- 2026-05-29 Price Changed $139,900 WNYREIS
- 2026-05-11 Listed $159,000 WNYREIS
- 2017-05-12 Sold (Public Records) $47,000 Public Records
- 2017-05-09 Sold (MLS) $47,000 WNYREIS
- 2017-03-30 Pending — WNYREIS
- 2017-03-09 Contingent — WNYREIS
- 2017-03-07 Pending — WNYREIS
- 2017-02-03 Price Changed $53,000 WNYREIS
- 2016-04-14 Price Changed $61,900 WNYREIS
- 2015-10-16 Listed $67,500 WNYREIS
- 2012-08-03 Sold (Public Records) $52,000 Public Records
- 2012-02-03 Sold (Public Records) $20,000 Public Records
- 2012-02-03 Sold (MLS) $20,000 WNYREIS
- 2011-12-28 Listed $30,000 WNYREIS
- 2006-03-10 Sold (Public Records) $61,450 Public Records
- 2006-01-31 Sold (Public Records) $20,500 Public Records
- 1999-01-15 Sold (Public Records) $45,000 Public Records
Property tax history
+4.7%/yrLatest (2025): $551 · +85.7% YoY. Source: county tax records.
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…