Housing Insights for ZIP Code 14213 (Buffalo, NY)

Housing Summary for ZIP Code 14213

Homeowners

The median home value in ZIP Code 14213 (Buffalo, NY) is $111,000. Approximately 34.1% of homes in this region are owner-occupied units, and the estimated homeowner vacancy rate is currently 0.0%.

The average occupancy of owner-occupied units in ZIP Code 14213 is 2.36 occupants, while owner-occupied units have an aggregate average size of 2.62 bedrooms per housing unit.

Renters

In the 14213 ZIP Code, an estimated 65.9% of all housing units are occupied by renters. This ZIP-defined region has is an estimated rental vacany rate of 4.8%.

Among renter-occupied units in this ZIP, the average occupancy is 2.53 occupants, while renters in this Erie County region spend an average of 0% of their income on housing rental costs.

Housing Stats for ZIP Code 14213

See the table below for a regional snapshot of data related to both owner-occupied housing and rentals in ZIP Code 14213.

ZIP 14213 New York U.S.
Median Home Value $111,000 $461,889 $364,385
Owner-Occupied Housing Units 34.1% 53.9% 64.0%
Homeowner Vacancy Rate 0.0% 1.7% 1.6%
Average Size of Owner-Occupied Unit 2.36 2.74 2.70
Average # of Bedrooms Per Unit 2.62 2.48 2.75
Median Housing Rent $0 $1,280 $1,062
Renter-Occupied Housing Units 65.9% 46.1% 36.0%
Rental Vacancy Rate 4.8% 4.2% 6.0%
Average Size of Renter-Occupied Unit 2.53 2.41 2.49
Percent of Income Spent on Rent 0% 30.25% 29.83%

Home Values in ZIP Code 14213 (Buffalo, NY)

The median home value in ZIP Code 14213 is $111,000. That median value is about 65% lower than the median home value of $313,700 in New York overall, and is 49% lower than the $217,500 the median home value in the entire U.S. An estimated 28.6% of homes in ZIP Code 14213 are valued $50,000 to $99,999. That is 189% higher than in New York, in which 9.9% of homes are valued at $50,000 to $99,999, and is about 138% higher than in the U.S. overall (12.0% of homes valued at $50,000 to $99,999). The home value range that the smallest portion of ZIP Code 14213 homes fall into is $1,000,000 or more (0.7% of homes).

Home Values in ZIP Code 14213

This chart visualizes the breakdown of home values in ZIP Code 14213, New York, and also in the U.S. overall.

A bar chart visualizing the breakdown of home values in ZIP Code 14213 vs. home values in both the state of New York and in the U.S. overall.

Home Values in ZIP Code 14213

See the table below for a regional comparison of home values in ZIP Code 14213.

Home Value ZIP 14213 New York U.S.
Less than $50,000 15.7% 4.4% 6.9%
$50,000 to $99,999 28.6% 9.9% 12.0%
$100,000 to $149,999 17.0% 10.8% 13.3%
$150,000 to $199,999 13.4% 9.6% 14.0%
$200,000 to $299,999 15.9% 13.6% 19.6%
$300,000 to $499,999 5.0% 22.9% 19.3%
$500,000 to $999,999 3.7% 21.2% 11.4%
$1,000,000 or more 0.7% 7.7% 3.4%

Home Ages in ZIP Code 14213 (Buffalo, NY)

Approximately 79.0% of homes in this Buffalo, NY region were built in 1939 or earlier. This amount of homes built in 1939 or earlier in ZIP Code 14213 is about 146% higher than percentage of homes built in this time period in New York overall (32.1% of homes), and is 527% higher the percentage (12.6% of homes) in the U.S. as a whole. Additionally, an esimated 7.5% of local homes were built in 1940 to 1949. On the other end of the scale, just 0.1% of homes in this Erie County ZIP Code were built in 2000 to 2009 in ZIP Code 14213. In comparison, 6.3% of homes in New York overall were built in 2000 to 2009, while 14.0% of all U.S. homes were built in this time period.

Home Ages in ZIP Code 14213

A detailed regional comparison of home ages in ZIP Code 14213.

Year Built ZIP 14213 New York U.S.
2014 or later 1.9% 1.1% 2.5%
2010 to 2013 0.2% 1.6% 2.7%
2000 to 2009 0.1% 6.3% 14.0%
1990 to 1999 1.1% 6.2% 13.9%
1980 to 1989 1.6% 7.5% 13.4%
1970 to 1979 2.1% 9.9% 15.2%
1960 to 1969 3.0% 12.5% 10.6%
1950 to 1959 3.6% 14.7% 10.3%
1940 to 1949 7.5% 8.1% 4.9%
1939 or earlier 79.0% 32.1% 12.6%

Age of Homes in ZIP Code 14213

See the chart below for details on the age of homes in ZIP Code 14213, New York, and also in the U.S. overall. Data here refers to years that homes were built.

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Housing FAQs for ZIP Code 14213

Frequently asked questions about housing in this Buffalo, NY ZIP Code. Answers to questions about both owner-occupied housing and rental housing in 14213.

1

What is the average home value ZIP Code 14213?

The median home value in ZIP Code 14213 (Buffalo, NY) is $111,000.
2

Are homes expensive in ZIP Code 14213?

The median home value in 14213 ($111,000) is an estimated 65% lower than the aggregate median value of $313,700 in New York, and is 49% lower than the $217,500 the median home value in the U.S. overall.
3

What are owner-occupied vacancy rates like in ZIP Code 14213?

The vacacy rate for owner-occupied housing in ZIP Code 14213 is 0.0%. This rate is 100% lower than the overall New York owner-occupied vacancy rate of 1.7%. Additionally, the 14213 vacancy rate is 100% lower than the entire U.S. vacancy rate of 1.6%.
4

Does ZIP Code 14213 have older homes or newer construction?

In ZIP Code 14213, about 79.0% of homes were built in 1939 or earlier. That time range includes the most home construction. Also, 7.5% of homes in the region were built in 1940 to 1949. In contrast, 0.1% of homes in 14213 were built in 2000 to 2009.
5

What is the housing breakdown in ZIP Code 14213? Are there more rentals or owner-occupied units?

There is more renter-occupied housing in 14213 than owner-occupied housing. Renter-occupied units make up 65.9% of housing, compared to 34.1% for owner-occupied units.
6

Are rental vacancy rates high in ZIP Code 14213?

The vacacy rate for rental units in ZIP Code 14213 is 4.8%. This rate is 14% higher than the overall New York vacancy rate of 4.2%. Additionally, the 14213 vacancy rate is 20% lower than the entire U.S. vacancy rate of 6.0%.