42Alpha

Buffalo-Cheektowaga, NY Housing Market Brief

metro · NY · as of May 2026

Balanced

What is Buffalo-Cheektowaga, NY’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
50
Inventory Health25%
11
Affordability20%
54
Economic Strength20%
+3.549
Rental Yield15%
55

Where is Buffalo-Cheektowaga, NY in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Buffalo-Cheektowaga, NY is classified as Recoveringturning back up after a downturn. This is a classification of recent (1–12 month) momentum, not a price forecast.

Buffalo-Cheektowaga, NY housing market data

MetricValueYoY
Median Days on Market37 days▲ +5.7%

How has Buffalo-Cheektowaga, NY’s Alpha Score moved?

Now: 42
3-period trend

Markets like Buffalo-Cheektowaga, NY

Frequently asked questions

Is Buffalo-Cheektowaga, NY a buyer's or seller's market?

As of May 2026, Buffalo-Cheektowaga, NY is classified as a Balanced Market, based on its Alpha Score of 42 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

How affordable is Buffalo-Cheektowaga, NY?

Buffalo-Cheektowaga, NY scores 54 out of 100 on affordability — moderately affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Buffalo-Cheektowaga, NY's Alpha Score?

Buffalo-Cheektowaga, NY's strongest dimension is Rental Yield (55/100) and its weakest is Inventory Health (11/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Buffalo-Cheektowaga, NY? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.