Compare: Buffalo vs Lackawanna
Home Values in Buffalo and Lackawanna
|Zillow Home Value IndexWhat's this?||$53,700||vs||$77,600|
|Median List Price||$73,900||vs||$79,000|
|Median Sale Price||$70,700||vs||$86,500|
|Total Homes Sold in Dec||116 homes||vs||17 homes|
Buffalo, NY tends to be less expensive for home buyers than Lackawanna, NY. During the last year, Buffalo home values have risen by 3.3%, while Lackawanna home values have fallen by 0.9%. The median sale price in Buffalo is $70,700, but the median listing price was $73,900, a 4.3% discount. Meanwhile in Lackawanna, the median selling price is $86,500, and the starting price had a median of $79,000, a 9.5% increase. In December, Buffalo home sellers managed to move 116 houses, while Lackawanna saw 17 transactions.
Demographics in Buffalo and Lackawanna
|Median Household Income||$24,536||vs||$29,354|
|Homes with Kids||22.0%||vs||24.5%|
|Average Household Size||2.3||vs||2.3|
|Average Commute Time (Minutes)||23||vs||22|
At $29,354, the median income in Lackawanna is $4,818 more than in Buffalo, and $15,158 lower than the national average. Buffalo has a younger median age, at 35, compared to 38 in Lackawanna, and a longer average commute. The average commute in Lackawanna is 22 minutes and the average commute in Buffalo is 23 minutes.
Homes for Sale in Buffalo and Lackawanna
Buffalo vs Lackawanna