Comprehensive market data and analysis• Updated Dec 2025
35.5 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 11 | 32 | 73 |
| 1-2 acres | - | 1 | 1 | 1 |
| 2-5 acres | - | - | - | - |
| 5-10 acres | - | - | - | - |
| 10-20 acres | - | - | - | 1 |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 12 | 33 | 75 |
Acreage buckets
The median price for land in Buffalo, New York is currently $136K per acre. For a typical parcel, the median sale price is $17K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $5K while premium lots reached $153K.
Buffalo, New York is currently a strong buyer's market with 35.5 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 22.2% year-over-year.
Buffalo, New York currently has 35.5 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
The 3-month absorption rate in Buffalo, New York is 2.8%. The 12-month rate is 4.5%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Buffalo, New York stands at $17K. This translates to roughly $136K per acre for the typical parcel size. The average price is $45K, indicating some higher-priced properties pulling up the average.
Land in Buffalo, New York typically sells within 125 days of listing. The median time on market is 77 days. Properties are moving slowly in the current strong buyer's market.
Over the past 12 months, Buffalo, New York saw 76 properties sold, totaling $3.4M in sales volume. In just the last 3 months, 12 properties changed hands.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.