The story of this market
The typical home in ZIP 14141 sells for about $229,950, or $163 per square foot.
Prices are down 11.6% from a year ago, which gives buyers more room to negotiate. Homes take about 18 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $721 a month.
ZIP 14141 — Springville
The 14141 housing market is experiencing a contraction in both pricing and sales volume compared to the previous year. High competition for limited inventory persists, though the significant year-over-year price decline suggests a cooling trend in buyer demand.
This ZIP is well-suited for budget-conscious family buyers and local workers seeking affordable housing options within the broader Buffalo metropolitan area.
Median prices moved down 11.6% year over year.
Homes spend a median of 18 days on market with 1.0 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 4.1% · poverty 7.5% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 14141, Erie County NY
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
Property taxes are assessed at the local level with rates determined by municipal, county, and school district levies; exemptions are available for primary residences and seniors.
Residents typically rely on personal vehicles for commuting to the Buffalo employment core, with limited public transit options available.
The area features local parks and proximity to regional green spaces, with basic shopping and dining amenities located within a short drive.
The rental market is characterized by moderate demand with limited new inventory, primarily serving local workforce needs.
The local economy is anchored by the broader Buffalo industrial and service sectors, with employment opportunities concentrated in healthcare, education, and manufacturing.
The area is primarily served by regional highway corridors connecting to the Buffalo metropolitan center.
The Erie County assessment regime utilizes market-based valuation for property tax purposes.
Parcels are subject to local school district and municipal utility levies.
Property insurance premiums are influenced by regional weather patterns and standard hazard exposure profiles for Western New York.
New York operates as a judicial foreclosure state, requiring court intervention for the foreclosure process.
New York requires sellers to provide a property condition disclosure statement or pay a credit to the buyer at closing.
Data retrieved from Census Bureau ZCTA-level tables.
Provides community green space and outdoor activity areas.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.