Compare: Buffalo vs Lackawanna
Home Values in Buffalo and Lackawanna
|Zillow Home Value IndexWhat's this?||$54,600||vs||$82,800|
|Median List Price||$65,000||vs||$84,900|
|Median Sale Price||$78,200||vs||$86,500|
|Total Homes Sold in Jul||81 homes||vs||14 homes|
Buffalo, NY tends to be less expensive for home buyers than Lackawanna, NY. During the last year, Buffalo home values have risen by 3.4%, while Lackawanna home values have risen by 9.1%. The median sale price in Buffalo is $78,200, but the median listing price was $65,000, a 20.3% increase. Meanwhile in Lackawanna, the median selling price is $86,500, and the starting price had a median of $84,900, a 1.9% increase. In July, Buffalo home sellers managed to move 81 houses, while Lackawanna saw 14 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.