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Buffalo, NY

Once known as the Queen City for being the largest and most prosperous city along the Great Lakes, Buffalo, New York, is making big changes to position itself for growth and prosperity in the 21st century. Located on the east shores of Lake Erie at the head of the Niagara River, Buffalo is the second largest city in the state, with a current, very diverse population of 261,300.

During the 19th and 20th centuries, after the construction of the Erie Canal, Buffalo became a giant in the grain, steel and auto industries. At the dawn of the 20th century, Buffalo became known as the "City of Light" because of its early adoption of hydro-electricity harnessed by the power of the Niagara Falls. Buffalo was also the first city in the U.S. to have electric streetlights.

Today, with de-industrialization, the economy in Buffalo has shifted to healthcare, technology, research and higher education. A multi-year initiative called the Buffalo Billion has been implemented to revitalize the economy in the area.

There is no shortage of things to see and do in Buffalo. The city hosts numerous festivals, which have become part of the city's culture and tradition. They include the Taste of Buffalo, the National Buffalo Wing Festival and the Buffalo Brewfest. The city is home to a diverse mix of restaurants (400, to be exact), and there are numerous museums and galleries.

Buffalo offers a vibrant nightlife with a variety of performance venues, breweries and sports bars. And for the outdoor enthusiasts, there are a number of parks and gardens sprinkled throughout the city. Buffalo is home to two professional sports icons, the Buffalo Bills football team and the Buffalo Sabres hockey team.

The University of Buffalo is the largest campus in the State University of New York system and New York's leading public center for graduate and professional education.

The median value of homes in Buffalo is $80,600. Much of Buffalo’s real estate inventory was built prior to World War II, with all the charm and character of that time period. Buffalo has many popular neighborhoods. The Waterfront neighborhood is a walkable area of the city, popular with the singles crowd. For a safe family neighborhood, take a look at North Park, and if you are a recent college graduate, you will feel right at home in the Park Meadow area of Buffalo.

If you are looking for a historic city that blends tradition with progressive thinking and modern amenities, Buffalo just may be the place for you.

Real Estate

Homes on Market

248

Median List Price

$79,900

Homes with Negative Equity

6.31%
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