BUFFALO - CHEEKTOWAGA Mortgage Rates & Closing Costs

30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

30 Year Fixed Rate mortgages in Buffalo - Cheektowaga averaged 6.67% for the week of 2024-04-11, compared to the national average of 6.88% for the same period.

The average rate for the prior week (2024-04-04) was 6.91% and one month ago for the week of 2024-03-07, the average rate was 6.87%.

Buffalo - Cheektowaga's average rate one year ago was 6.07%.

For refis of the same type during the week of 2024-04-11, the average rate was 7.68%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-04-11 6.88%
Buffalo - Cheektowaga 30 Year Fixed Rate 2024-04-11 6.67%
Buffalo - Cheektowaga 30 Year Fixed Rate Refi 2024-04-11 7.68%
Buffalo - Cheektowaga 15 Year Fixed Rate 2024-04-11 6.17%
Buffalo - Cheektowaga 15 Year Fixed Rate Refi 2024-04-11 7.06%
Buffalo - Cheektowaga 30 Year FHA 2024-04-11 6.66%
Buffalo - Cheektowaga 30 Year FHA Refi 2024-04-11 6.54%
Buffalo - Cheektowaga 30 Year USDA 2024-04-11 6.91%
Buffalo - Cheektowaga 30 Year USDA Refi 2024-04-11 6.61%
Buffalo - Cheektowaga 30 Year VA 2024-04-11 6.81%
Buffalo - Cheektowaga 30 Year VA Refi 2024-04-11 6.67%
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within BUFFALO-CHEEKTOWAGA, NY.

BUFFALO - CHEEKTOWAGA Top Lenders by Rates & Fees

The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the BUFFALO-CHEEKTOWAGA, NY market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

Name # of Loans 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
Premium Mortgage Corporation 991 6.64% $4,290
UNITED WHOLESALE MORTGAGE, LLC 874 6.69% $6,922
M&T Bank 729 6.57% $4,793
HUNT MORTGAGE CORPORATION 450 6.81% $6,933
KeyBank 443 6.60% $4,076
QUICKEN LOANS, LLC 415 7.01% $6,407
1ST PRIORITY MORTGAGE, INC. 412 6.72% $4,836
CROSSCOUNTRY MORTGAGE, LLC 298 6.67% $6,539
Northwest Bank 290 6.44% $5,313
Five Star Bank 222 6.05% $4,849
Citizens Bank 170 6.60% $5,158
Bank of America 158 6.26% $2,953
Evans Bank 153 6.80% $4,042
Community Bank 87 7.03% $406
SEFCU SERVICES, LLC 83 5.51% $3,740
MOVEMENT MORTGAGE, LLC 71 6.94% $5,390
PENNYMAC LOAN SERVICES, LLC 61 6.60% $6,745
NVR Mortgage Finance, Inc. 61 5.93% $10,332
UIF CORPORATION 53 6.98% $5,132
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 50 6.77% $6,105
PRIMELENDING, A PLAINSCAPITAL COMPANY 49 6.76% $5,478
NEWREZ LLC 48 7.02% $5,869
HOMESTEAD FUNDING CORP. 48 6.56% $4,846
Wells Fargo Bank 47 6.56% $6,770
PLAZA HOME MORTGAGE, INC. 47 6.67% $7,858
JPMorgan Chase Bank 46 6.75% $5,374
EVERETT FINANCIAL, INC. 45 7.12% $7,115
Cornerstone Community Federal Credit Union 45 6.65% $4,507
Mr. Cooper ( Nationstar Mortgage ) 42 6.86% $8,101
GUIDANCE RESIDENTIAL, LLC 36 6.80% $5,943
TD Bank 24 6.17% $5,577
CNB Bank 22 6.87% $4,110
Flagstar Bank, FSB 22 7.16% $6,439
NAVY FEDERAL CREDIT UNION 21 6.59% $4,798
U.S. Bank 19 6.70% $4,327
Moog Employees Federal Credit Union 18 6.97% $4,198
PARAGON HOME LOANS INC. 18 6.86% $5,338
Tompkins Trust Company 18 6.30% $3,711
ROYAL UNITED MORTGAGE LLC 18 7.10% $7,668
GREATER WOODLAWN FEDERAL CREDIT UNION 18 5.16% $4,414
HSBC BANK USA, NATIONAL ASSOCIATION 17 6.43% $4,730
NIAGARA'S CHOICE 14 6.34% $3,584
LOANDEPOT.COM, LLC 14 6.99% $6,575
Quontic Bank 14 9.29% $9,085
Discover Bank 14 7.17% $0
A&D Mortgage LLC 13 8.66% $9,730
USAA Federal Savings Bank 13 6.53% $6,873
AMERICAN FINANCIAL NETWORK, INC. 11 7.36% $7,733
Ally Bank 10 6.38% $8,163
BETTER MORTGAGE CORPORATION 10 6.38% $5,516
Morgan Stanley Private Bank 10 5.60% $5,088
Empower Federal Credit Union 9 6.18% $4,445
RELIANCE FIRST CAPITAL, LLC 9 6.89% $7,145
Genesee Regional Bank 9 6.89% $5,756
THE SUMMIT Federal Credit Union 8 6.58% $2,696
Citibank 8 6.11% $4,688
CMG MORTGAGE, INC. 7 6.80% $7,009
Farm Credit East, ACA 7 7.39% $8,889
Great Erie Federal Credit Union 6 6.52% $4,728
PNC Bank 6 6.71% $5,432
NATIONWIDE MORTGAGE BANKERS, INC. 5 7.95% $11,819
RBC Bank, (Georgia) 5 5.70% $2,904
ONTARIO SHORES 5 6.73% $2,451
HOME TOWN FUNDING, INC. 5 6.78% $2,664
NBKC BANK 5 7.05% $4,117
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. 4 7.56% $8,540
GUARANTEED RATE, INC. 4 7.28% $4,593
HOMEBRIDGE FINANCIAL SERVICES, INC. 4 7.28% $7,849
RIVERSIDE 4 6.91% $4,244
Cathay Bank 4 6.38% $5,146
Carrington Mortgage Services, LLC 4 6.56% $9,259
CARDINAL FINANCIAL 4 7.34% $7,209
Raymond James Bank 4 5.06% $4,861
Fifth Third Bank 4 7.18% $7,936
UBS Bank USA 4 5.72% $9,506
SIRVA MORTGAGE, INC. 4 6.31% $644
OWNERSCHOICE FUNDING, INCORPORATED 3 6.50% $18,105
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC 3 7.58% $7,594
The Lyons National Bank 3 7.46% $5,993
CONTOUR MORTGAGE CORPORATION 3 7.17% $10,800
The Federal Savings Bank 3 7.21% $11,852
First Savings Bank 3 7.25% $5,884
Bank of England 3 6.67% $6,393
CFCU Community Credit Union 3 5.79% $638
MID-ISLAND MORTGAGE CORP. 3 6.38% $3,623
TEACHERS 3 6.58% $5,388
NJ LENDERS CORP. 2 7.13% $6,053
ASSOCIATED MORTGAGE BANKERS, INC. 2 8.19% $6,352
Baxter Credit Union 2 6.63% $4,291
Bethpage Federal Credit Union 2 5.81% $4,390
Chemung Canal Trust Company 2 6.00% $3,184
DIGITAL Federal Credit Union 2 5.75% $4,328
EMBRACE HOME LOANS, INC. 2 7.25% $6,157
Evolve Bank & Trust 2 5.81% $4,168
First-Citizens Bank & Trust Company 2 5.65% $4,718
First National Bank of Pennsylvania 2 7.38% $6,016
FREEDOM MORTGAGE CORPORATION 2 7.50% $10,301
Magnolia Bank 2 7.19% $7,305
PENTAGON FEDERAL CREDIT UNION 2 7.06% $3,763
PLANET HOME LENDING, LLC 2 6.88% $11,856
The Huntington National Bank 2 6.05% $5,934
US MORTGAGE CORPORATION 2 6.37% $9,993
PREMIA MORTGAGE, LLC 1 6.50% $7,221
NP, Inc. 1 11.00% $3,561
Northpointe Bank 1 8.50% $6,774
NEXTIER BANK, NATIONAL ASSOCIATION 1 6.50% $3,632
Mortgage Research Center, LLC 1 6.88% $2,678
Metro City Bank 1 7.13% $7,457
LYNX MORTGAGE BANK LLC 1 8.63% $9,239
Great Southern Bank 1 6.49% $5,913
RELIANT COMMUNITY FEDERAL CREDIT UNION 1 5.88% $6,840
FIRST SOURCE 1 4.75% $6,350
First National Bank of America 1 9.75% $6,998
Farmers Bank & Trust 1 5.88% $4,568
Shamrock Home Loans, Inc. 1 6.50% $10,579
FAMILY FIRST OF NY 1 7.00% $3,991
S&T Bank 1 5.88% $7,415
Stifel Bank and Trust 1 5.50% $5,902
SUNMARK FEDERAL CREDIT UNION 1 6.88% $3,926
EMM LOANS LLC 1 7.38% $10,774
DRAPER AND KRAMER MORTGAGE CORP. 1 7.63% $7,833
CORNING 1 6.25% $3,243
VAN DYK MORTGAGE CORPORATION 1 7.63% $8,554
City National Bank 1 5.40% $5,037
Charles Schwab Bank, SSB 1 5.88% $3,826
The Union Bank Company 1 6.75% $3,593
BMI Federal Credit Union 1 6.75% $3,363
TOTAL MORTGAGE SERVICES, LLC 1 7.75% $10,363
Truist 1 7.13% $5,246
Barrington Bank & Trust Company, N.A. 1 5.63% $23,701
Bank of Whittier 1 6.88% $6,379
United Nations Federal Credit Union 1 6.38% $3,099
UNITED NORTHERN MORTGAGE BANKERS LIMITED 1 6.38% $5,712
AMERICAN INTERNET MORTGAGE, INC. 1 6.63% $4,887
AMERICAN FINANCING CORPORATION 1 7.50% $4,615
ALLIED MORTGAGE GROUP, INC. 1 7.00% $5,953
21ST MORTGAGE CORPORATION 1 9.75% $7,777
Uwharrie Bank 1 7.13% $4,876
Plains Commerce Bank 1 6.38% $16,470
PHH Mortgage Corporation 1 6.88% $10,661

BUFFALO - CHEEKTOWAGA Average Closing Costs & Other Stats

BUFFALO-CHEEKTOWAGA, NY's 140 lenders originated 18,089 loans during 2023. The total origination value was $4,056,895,000, with an average loan value of $224,274.

BUFFALO - CHEEKTOWAGA's average closing costs are $4,866.

The top BUFFALO - CHEEKTOWAGA lender as defined by loan originations is Premium Mortgage Corporation, with 991 loans originated. Their average total fees are $4,290, which is $2,632 lower than the next largest lender, UNITED WHOLESALE MORTGAGE, LLC.

The lowest fee BUFFALO - CHEEKTOWAGA lenders (with over 10 loans originated) are Discover Bank ($0), Community Bank ($406), Bank of America ($2,953), NIAGARA'S CHOICE ($3,584) and Tompkins Trust Company ($3,711).

The lowest rate BUFFALO - CHEEKTOWAGA lenders (with over 10 loans originated) are GREATER WOODLAWN FEDERAL CREDIT UNION (5.16%), SEFCU SERVICES, LLC (5.51%), Morgan Stanley Private Bank (5.60%), NVR Mortgage Finance, Inc. (5.93%) and Five Star Bank (6.05%).

BUFFALO-CHEEKTOWAGA, NY Mortgage Market Share & Volume

Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

Name 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
M&T Bank $629,235,000 $403,225,000 -35.9% 9.9%
JONES LANG LASALLE MULTIFAMILY, LLC $6,845,000 $359,090,000 5,146.0% 8.9%
Premium Mortgage Corporation $366,675,000 $319,735,000 -12.8% 7.9%
UNITED WHOLESALE MORTGAGE, LLC $279,995,000 $301,030,000 7.5% 7.4%
Northwest Bank $239,945,000 $222,815,000 -7.1% 5.5%
Five Star Bank $208,845,000 $210,110,000 0.6% 5.2%
Citizens Bank $294,170,000 $182,585,000 -37.9% 4.5%
QUICKEN LOANS, LLC $311,875,000 $176,795,000 -43.3% 4.4%
KeyBank $329,995,000 $173,105,000 -47.5% 4.3%
HUNT MORTGAGE CORPORATION $195,885,000 $134,865,000 -31.2% 3.3%
Evans Bank $145,760,000 $120,870,000 -17.1% 3.0%
CROSSCOUNTRY MORTGAGE, LLC $98,445,000 $114,025,000 15.8% 2.8%
1ST PRIORITY MORTGAGE, INC. $127,765,000 $109,325,000 -14.4% 2.7%
Cornerstone Community Federal Credit Union $6,895,000 $65,635,000 851.9% 1.6%
Bank of America $74,785,000 $58,455,000 -21.8% 1.4%
CNB Bank $104,650,000 $54,190,000 -48.2% 1.3%
NEXTIER BANK, NATIONAL ASSOCIATION $21,465,000 $52,555,000 144.8% 1.3%
Community Bank $33,160,000 $47,905,000 44.5% 1.2%
Wells Fargo Bank $186,490,000 $39,115,000 -79.0% 1.0%
PENNYMAC LOAN SERVICES, LLC $8,535,000 $34,925,000 309.2% 0.9%
PLAZA HOME MORTGAGE, INC. $20,225,000 $32,255,000 59.5% 0.8%
MOVEMENT MORTGAGE, LLC $36,370,000 $30,715,000 -15.5% 0.8%
NVR Mortgage Finance, Inc. $37,625,000 $28,375,000 -24.6% 0.7%
Webster Bank $295,000 $26,965,000 9,040.7% 0.7%
EVERETT FINANCIAL, INC. $47,400,000 $25,090,000 -47.1% 0.6%
STATE EMPLOYEES FEDERAL CREDIT UNION $35,070,000 $24,865,000 -29.1% 0.6%
SEFCU SERVICES, LLC $22,265,000 $24,330,000 9.3% 0.6%
Mr. Cooper ( Nationstar Mortgage ) $53,620,000 $23,970,000 -55.3% 0.6%
Chemung Canal Trust Company $16,730,000 $21,065,000 25.9% 0.5%
NEWREZ LLC $10,995,000 $20,460,000 86.1% 0.5%
Alden State Bank $23,915,000 $20,180,000 -15.6% 0.5%
Mortgage Research Center, LLC $28,325,000 $20,070,000 -29.1% 0.5%
NAVY FEDERAL CREDIT UNION $24,060,000 $19,415,000 -19.3% 0.5%
Western Division FCU $19,950,000 $18,810,000 -5.7% 0.5%
PRIMELENDING, A PLAINSCAPITAL COMPANY $39,195,000 $17,340,000 -55.8% 0.4%
HOMESTEAD FUNDING CORP. $19,345,000 $16,680,000 -13.8% 0.4%
Bank of Holland $21,210,000 $16,230,000 -23.5% 0.4%
Lake Shore Savings Bank $49,405,000 $16,230,000 -67.1% 0.4%
JPMorgan Chase Bank $25,120,000 $15,160,000 -39.6% 0.4%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $15,160,000 $14,955,000 -1.4% 0.4%
GREYSTONE SERVICING COMPANY LLC $6,165,000 $13,780,000 123.5% 0.3%
TD Bank $8,720,000 $13,670,000 56.8% 0.3%
COREVEST AMERICAN FINANCE LENDER LLC $30,975,000 $12,670,000 -59.1% 0.3%
THE SUMMIT Federal Credit Union $15,645,000 $12,495,000 -20.1% 0.3%
UIF CORPORATION $5,115,000 $12,160,000 137.7% 0.3%
AMERICAN FINANCIAL NETWORK, INC. $12,105,000 n/a 0.3%
U.S. Bank $10,725,000 $10,635,000 -0.8% 0.3%
Union Savings Bank $1,905,000 $10,605,000 456.7% 0.3%
Tompkins Trust Company $26,105,000 $10,005,000 -61.7% 0.2%
USAA Federal Savings Bank $10,150,000 $9,760,000 -3.8% 0.2%
LOANDEPOT.COM, LLC $34,385,000 $9,495,000 -72.4% 0.2%
Arbor Realty Trust, Inc. $9,490,000 $9,340,000 -1.6% 0.2%
Discover Bank $7,040,000 $9,085,000 29.0% 0.2%
Flagstar Bank, FSB $13,220,000 $8,805,000 -33.4% 0.2%
Empower Federal Credit Union $10,000,000 $7,965,000 -20.4% 0.2%
RELIANCE FIRST CAPITAL, LLC $11,130,000 $7,735,000 -30.5% 0.2%
NIAGARA'S CHOICE $10,830,000 $7,340,000 -32.2% 0.2%
WALKER & DUNLOP, LLC $21,420,000 $7,015,000 -67.3% 0.2%
GUIDANCE RESIDENTIAL, LLC $7,700,000 $6,765,000 -12.1% 0.2%
HSBC BANK USA, NATIONAL ASSOCIATION $16,500,000 $6,540,000 -60.4% 0.2%
HOME TOWN FUNDING, INC. $9,125,000 $6,340,000 -30.5% 0.2%
Moog Employees Federal Credit Union $13,090,000 $5,995,000 -54.2% 0.1%
Quontic Bank $9,220,000 $5,770,000 -37.4% 0.1%
GREATER WOODLAWN FEDERAL CREDIT UNION $3,910,000 $5,675,000 45.1% 0.1%
Berkshire Bank $325,000 $5,545,000 1,606.2% 0.1%
Morgan Stanley Private Bank $3,750,000 $5,360,000 42.9% 0.1%
ONTARIO SHORES $6,615,000 $5,250,000 -20.6% 0.1%
ROYAL UNITED MORTGAGE LLC $6,115,000 $5,060,000 -17.3% 0.1%
Great Erie Federal Credit Union $13,905,000 $4,900,000 -64.8% 0.1%
Carrington Mortgage Services, LLC $5,655,000 $4,870,000 -13.9% 0.1%
The Upstate National Bank $5,940,000 $4,805,000 -19.1% 0.1%
Genesee Regional Bank $930,000 $4,690,000 404.3% 0.1%
PARAGON HOME LOANS INC. $8,205,000 $4,670,000 -43.1% 0.1%
FREEDOM MORTGAGE CORPORATION $23,550,000 $4,580,000 -80.6% 0.1%
St Joseph's Parish Buffalo Federal Credit Union $5,915,000 $4,545,000 -23.2% 0.1%
PENTAGON FEDERAL CREDIT UNION $3,360,000 $4,525,000 34.7% 0.1%
The Federal Savings Bank $4,225,000 $4,295,000 1.7% 0.1%
A&D Mortgage LLC $2,740,000 $4,090,000 49.3% 0.1%
LIMA ONE CAPITAL, LLC $5,875,000 $3,910,000 -33.4% 0.1%
CMG MORTGAGE, INC. $1,040,000 $3,785,000 263.9% 0.1%
Farm Credit East, ACA $3,260,000 $3,730,000 14.4% 0.1%
Barrington Bank & Trust Company, N.A. $6,465,000 $3,655,000 -43.5% 0.1%
LENDINGHOME FUNDING CORPORATION $4,320,000 $3,535,000 -18.2% 0.1%
RBC Bank, (Georgia) $6,065,000 $3,460,000 -43.0% 0.1%
PNC Bank $6,935,000 $3,255,000 -53.1% 0.1%
BETTER MORTGAGE CORPORATION $7,540,000 $3,150,000 -58.2% 0.1%
Financial Trust $6,530,000 $3,070,000 -53.0% 0.1%
VELOCITY COMMERCIAL CAPITAL, LLC $6,030,000 $2,935,000 -51.3% 0.1%
FINANCE OF AMERICA REVERSE LLC $2,260,000 $2,670,000 18.1% 0.1%
Ukrainian Federal Credit Union $2,905,000 $2,605,000 -10.3% 0.1%
UBS Bank USA $1,995,000 $2,570,000 28.8% 0.1%
Ally Bank $1,375,000 $2,560,000 86.2% 0.1%
Raymond James Bank $2,540,000 n/a 0.1%
GUARANTEED RATE, INC. $5,195,000 $2,510,000 -51.7% 0.1%
21ST MORTGAGE CORPORATION $2,180,000 $2,295,000 5.3% 0.1%
TRIAD FINANCIAL SERVICES, INC. $2,010,000 $2,220,000 10.4% 0.1%
FAMILY FIRST OF NY $1,875,000 $2,200,000 17.3% 0.1%
NATIONWIDE MORTGAGE BANKERS, INC. $2,495,000 $2,125,000 -14.8% 0.1%
The Lyons National Bank $1,180,000 $2,070,000 75.4% 0.1%
Cattaraugus County Bank $7,960,000 $2,065,000 -74.1% 0.1%
CARDINAL FINANCIAL $4,190,000 $2,055,000 -51.0% 0.1%
NBKC BANK $2,135,000 $1,985,000 -7.0% 0.0%
Cathay Bank $1,970,000 n/a 0.0%
Citibank $8,155,000 $1,850,000 -77.3% 0.0%
CONTOUR MORTGAGE CORPORATION $1,315,000 $1,785,000 35.7% 0.0%
Bethpage Federal Credit Union $2,555,000 $1,755,000 -31.3% 0.0%
HOMEBRIDGE FINANCIAL SERVICES, INC. $4,310,000 $1,655,000 -61.6% 0.0%
LENDINGONE, LLC $3,535,000 $1,545,000 -56.3% 0.0%
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC $905,000 $1,490,000 64.6% 0.0%
Bank of England $425,000 $1,375,000 223.5% 0.0%
EMBRACE HOME LOANS, INC. $1,915,000 $1,375,000 -28.2% 0.0%
SIRVA MORTGAGE, INC. $3,485,000 $1,300,000 -62.7% 0.0%
Great Southern Bank $1,270,000 n/a 0.0%
PLANET HOME LENDING, LLC $1,905,000 $1,265,000 -33.6% 0.0%
Evolve Bank & Trust $1,250,000 n/a 0.0%
Fifth Third Bank $875,000 $1,245,000 42.3% 0.0%
DOMINION FINANCIAL SERVICES, LLC $1,205,000 n/a 0.0%
RIVERSIDE $1,505,000 $1,180,000 -21.6% 0.0%
LONGBRIDGE FINANCIAL, LLC $340,000 $1,140,000 235.3% 0.0%
The Huntington National Bank $895,000 $1,055,000 17.9% 0.0%
TEACHERS $615,000 $1,025,000 66.7% 0.0%
MEADOWBROOK FINANCIAL MORTGAGE BANKERS CORP. $420,000 $1,010,000 140.5% 0.0%
OWNERSCHOICE FUNDING, INCORPORATED $1,785,000 $995,000 -44.3% 0.0%
US MORTGAGE CORPORATION $820,000 $985,000 20.1% 0.0%
First-Citizens Bank & Trust Company $950,000 n/a 0.0%
City National Bank $365,000 $925,000 153.4% 0.0%
CFCU Community Credit Union $795,000 $905,000 13.8% 0.0%
CORNING $1,905,000 $895,000 -53.0% 0.0%
North American Savings Bank, F.S.B. $2,200,000 $870,000 -60.5% 0.0%
Stifel Bank and Trust $1,120,000 $860,000 -23.2% 0.0%
Baxter Credit Union $2,165,000 $825,000 -61.9% 0.0%
AMWEST FUNDING CORP. $815,000 n/a 0.0%
TEMPLE VIEW CAPITAL FUNDING, LP $240,000 $815,000 239.6% 0.0%
CREDIT HUMAN FEDERAL CREDIT UNION $1,700,000 $780,000 -54.1% 0.0%
CALIBER HOME LOANS, INC. $47,205,000 $765,000 -98.4% 0.0%
Charles Schwab Bank, SSB $640,000 $745,000 16.4% 0.0%
First Savings Bank $2,060,000 $740,000 -64.1% 0.0%
Main Street Bank $735,000 n/a 0.0%
Farmers Bank & Trust $720,000 n/a 0.0%
First National Bank of Pennsylvania $720,000 n/a 0.0%
PHH Mortgage Corporation $2,010,000 $715,000 -64.4% 0.0%
PREMIA MORTGAGE, LLC $955,000 $700,000 -26.7% 0.0%
Hometown Equity Mortgage, LLC $2,535,000 $695,000 -72.6% 0.0%
FIRST CREDIT CORPORATION OF NEW YORK, INC. $430,000 $675,000 57.0% 0.0%
MID-ISLAND MORTGAGE CORP. $420,000 $670,000 59.5% 0.0%
AMERICAN HERITAGE LENDING, INC. $475,000 $625,000 31.6% 0.0%
SILVER HILL FUNDING, LLC $1,630,000 $625,000 -61.7% 0.0%
DIGITAL Federal Credit Union $1,150,000 $620,000 -46.1% 0.0%
The Canandaigua National Bank and Trust Company $34,770,000 $610,000 -98.2% 0.0%
Magnolia Bank $670,000 $605,000 -9.7% 0.0%
Northpointe Bank $345,000 $555,000 60.9% 0.0%
Plains Commerce Bank $425,000 $555,000 30.6% 0.0%
FOUNDATION MORTGAGE CORPORATION $535,000 n/a 0.0%
Community First National Bank $345,000 $530,000 53.6% 0.0%
State Department Federal Credit Union $510,000 $530,000 3.9% 0.0%
TOTAL MORTGAGE SERVICES, LLC $810,000 $525,000 -35.2% 0.0%
GREENSTATE CREDIT UNION $495,000 n/a 0.0%
Nassau Educators Federal Credit Union $180,000 $495,000 175.0% 0.0%
FIRST ALLIANCE HOME MORTGAGE, LLC $1,325,000 $480,000 -63.8% 0.0%
NJ LENDERS CORP. $990,000 $460,000 -53.5% 0.0%
Third Federal Savings and Loan Association of Cleveland $3,845,000 $435,000 -88.7% 0.0%
FIRST SOURCE $425,000 n/a 0.0%
Truist $1,655,000 $415,000 -74.9% 0.0%
Axos Bank $330,000 $405,000 22.7% 0.0%
The Northern Trust Company $1,595,000 $405,000 -74.6% 0.0%
AMERICAN INTERNET MORTGAGE, INC. $430,000 $395,000 -8.1% 0.0%
GREENWOOD $25,000 $390,000 1,460.0% 0.0%
Logan Finance Corporation $380,000 n/a 0.0%
RELIANT COMMUNITY FEDERAL CREDIT UNION $95,000 $380,000 300.0% 0.0%
USAlliance Federal Credit Union $225,000 $355,000 57.8% 0.0%
FM Home Loans, LLC $345,000 n/a 0.0%
S&T Bank $1,925,000 $345,000 -82.1% 0.0%
Ballston Spa National Bank $240,000 $340,000 41.7% 0.0%
NP, Inc. $330,000 $335,000 1.5% 0.0%
UTILITIES EMPLOYEES CREDIT UNION $325,000 $335,000 3.1% 0.0%
SUNMARK FEDERAL CREDIT UNION $55,000 $330,000 500.0% 0.0%
CLIFFCO, INC. $320,000 n/a 0.0%
DRAPER AND KRAMER MORTGAGE CORP. $225,000 $310,000 37.8% 0.0%
Uwharrie Bank $305,000 n/a 0.0%
Habib American Bank $295,000 n/a 0.0%
FINANCE OF AMERICA MORTGAGE LLC $6,355,000 $290,000 -95.4% 0.0%
AMERICAN FINANCING CORPORATION $1,035,000 $280,000 -72.9% 0.0%
EMM LOANS LLC $405,000 $275,000 -32.1% 0.0%
American Airlines Federal Credit Union $270,000 n/a 0.0%
The Union Bank Company $265,000 n/a 0.0%
First Western Trust Bank $225,000 $255,000 13.3% 0.0%
MLB RESIDENTIAL LENDING, LLC $95,000 $250,000 163.2% 0.0%
ARC HOME LLC $205,000 $245,000 19.5% 0.0%
CHEVRON $245,000 n/a 0.0%
East Coast Capital Corp. $245,000 n/a 0.0%
Shamrock Home Loans, Inc. $95,000 $235,000 147.4% 0.0%
VAN DYK MORTGAGE CORPORATION $235,000 n/a 0.0%
Metro City Bank $3,045,000 $225,000 -92.6% 0.0%
Signature Federal Credit Union $185,000 $210,000 13.5% 0.0%
ALLIED MORTGAGE GROUP, INC. $540,000 $205,000 -62.0% 0.0%
First Federal Bank $580,000 $205,000 -64.7% 0.0%
LYNX MORTGAGE BANK LLC $205,000 n/a 0.0%
United Nations Federal Credit Union $205,000 n/a 0.0%
ARK-LA-TEX FINANCIAL SERVICES, LLC. $195,000 n/a 0.0%
Advantage Federal Credit Union $310,000 $190,000 -38.7% 0.0%
ASSOCIATED MORTGAGE BANKERS, INC. $190,000 n/a 0.0%
DEEPHAVEN MORTGAGE LLC $280,000 $185,000 -33.9% 0.0%
GENESEE VALLEY $130,000 $180,000 38.5% 0.0%
ALLIANT CREDIT UNION $1,050,000 $175,000 -83.3% 0.0%
Savannah Bank $175,000 n/a 0.0%
Bank of Whittier $660,000 $165,000 -75.0% 0.0%
BOND STREET MORTGAGE, LLC $165,000 n/a 0.0%
UNITED NORTHERN MORTGAGE BANKERS LIMITED $460,000 $165,000 -64.1% 0.0%
AMERICAN FINANCIAL RESOURCES, INC. $585,000 $155,000 -73.5% 0.0%
HARTFORD FUNDING, LTD. $1,215,000 $155,000 -87.2% 0.0%
Centier Bank $305,000 $150,000 -50.8% 0.0%
First National Bank of America $145,000 n/a 0.0%
Equity Prime Mortgage LLC $1,800,000 $135,000 -92.5% 0.0%
EASTMAN $125,000 n/a 0.0%
SouthStar Bank, S.S.B. $125,000 n/a 0.0%
STAR USA FEDERAL CREDIT UNION $200,000 $125,000 -37.5% 0.0%
Citadel Servicing Corporation $240,000 $115,000 -52.1% 0.0%
LAKEVIEW LOAN SERVICING, LLC $55,000 $115,000 109.1% 0.0%
Nations Lending Corporation $255,000 $95,000 -62.7% 0.0%
NORWICH COMMERCIAL GROUP, INC. $95,000 n/a 0.0%
MidFirst Bank $45,000 $90,000 100.0% 0.0%
BayCoast Bank $45,000 $85,000 88.9% 0.0%
Southwest Airlines Federal Credit Union $85,000 n/a 0.0%
SERVU FEDERAL CREDIT UNION $55,000 $80,000 45.5% 0.0%
AMERICU Credit Union $615,000 $70,000 -88.6% 0.0%
BMI Federal Credit Union $65,000 n/a 0.0%
Connexus Credit Union $65,000 n/a 0.0%
ALLEGACY FEDERAL CREDIT UNION $55,000 n/a 0.0%
FEDEX EMPLOYEES CREDIT ASSOCIATION $15,000 $45,000 200.0% 0.0%
GARDEN SAVINGS FEDERAL CREDIT UNION $45,000 n/a 0.0%
KINECTA $35,000 $35,000 0.0% 0.0%
Northwest Federal Credit Union $35,000 n/a 0.0%
Home Loan Investment Bank, F.S.B. $25,000 $15,000 -40.0% 0.0%

BUFFALO - CHEEKTOWAGA's top lender by overall market share is M&T Bank, with 9.9% market share. In second place, with 8.9%, is JONES LANG LASALLE MULTIFAMILY, LLC, having originated $359,090,000 in loans. In third place, with 7.9%, is Premium Mortgage Corporation, having originated $319,735,000 in loans. In fourth place, with 7.4%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $301,030,000 in loans. In fifth place, with 5.5%, is Northwest Bank, having originated $222,815,000 in loans.


BUFFALO - CHEEKTOWAGA Housing Market Trends (Median, Average Prices & Listing Count)

Realtor.com - BUFFALO - CHEEKTOWAGA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
2018-01-01 $159,945 (3.6%) $230,486 (7.2%) 0.59 1,658
2018-02-01 $167,057 (4.5%) $235,025 (5.1%) 0.61 1,490
2018-03-01 $175,900 (6.7%) $241,065 (6.1%) 0.62 1,489
2018-04-01 $187,450 (10.3%) $257,470 (9.2%) 0.64 1,533
2018-05-01 $197,000 (9.5%) $264,800 (7.7%) 0.66 1,727
2018-06-01 $199,000 (10.6%) $266,124 (7.8%) 0.66 1,988
2018-07-01 $195,000 (8.4%) $262,649 (6.5%) 0.65 2,186
2018-08-01 $195,000 (8.4%) $262,915 (8.3%) 0.65 2,338
2018-09-01 $198,000 (11.0%) $263,742 (11.3%) 0.67 2,372
2018-10-01 $189,900 (8.6%) $259,259 (9.1%) 0.64 2,361
2018-11-01 $185,000 (8.9%) $252,979 (6.8%) 0.63 2,165
2018-12-01 $179,900 (6.1%) $247,777 (4.9%) 0.62 1,975
2019-01-01 $179,900 (12.5%) $247,838 (7.5%) 0.62 1,765
2019-02-01 $182,400 (9.2%) $254,843 (8.4%) 0.62 1,613
2019-03-01 $195,643 (11.2%) $272,977 (13.2%) 0.64 1,543
2019-04-01 $212,400 (13.3%) $288,372 (12.0%) 0.67 1,556
2019-05-01 $220,847 (12.1%) $290,625 (9.8%) 0.69 1,699
2019-06-01 $222,245 (11.7%) $288,903 (8.6%) 0.69 1,857
2019-07-01 $219,900 (12.8%) $285,113 (8.6%) 0.69 1,982
2019-08-01 $214,445 (10.0%) $279,611 (6.4%) 0.68 2,013
2019-09-01 $206,264 (4.2%) $273,784 (3.8%) 0.66 2,078
2019-10-01 $199,900 (5.3%) $268,797 (3.7%) 0.65 2,112
2019-11-01 $189,900 (2.7%) $258,529 (2.2%) 0.62 1,910
2019-12-01 $189,900 (5.6%) $256,498 (3.5%) 0.63 1,633
2020-01-01 $189,900 (5.6%) $257,238 (3.8%) 0.63 1,460
2020-02-01 $189,900 (4.1%) $266,682 (4.7%) 0.62 1,341
2020-03-01 $199,900 (2.2%) $274,018 (0.4%) 0.63 1,260
2020-04-01 $217,450 (2.4%) $282,140 (-2.2%) 0.68 1,201
2020-05-01 $229,900 (4.1%) $294,276 (1.3%) 0.70 1,195
2020-06-01 $234,900 (5.7%) $295,908 (2.4%) 0.69 1,255
2020-07-01 $233,450 (6.2%) $300,594 (5.4%) 0.68 1,239
2020-08-01 $224,450 (4.7%) $296,557 (6.1%) 0.64 1,211
2020-09-01 $221,948 (7.6%) $293,599 (7.2%) 0.64 1,201
2020-10-01 $210,000 (5.1%) $288,123 (7.2%) 0.60 1,128
2020-11-01 $209,950 (10.6%) $286,274 (10.7%) 0.61 993
2020-12-01 $202,500 (6.6%) $282,953 (10.3%) 0.60 842
2021-01-01 $210,000 (10.6%) $289,465 (12.5%) 0.63 695
2021-02-01 $232,675 (22.5%) $305,980 (14.7%) 0.68 648
2021-03-01 $242,200 (21.2%) $308,863 (12.7%) 0.69 685
2021-04-01 $249,300 (14.7%) $323,513 (14.7%) 0.67 706
2021-05-01 $248,072 (7.9%) $316,915 (7.7%) 0.66 785
2021-06-01 $247,625 (5.4%) $321,818 (8.8%) 0.65 911
2021-07-01 $239,900 (2.8%) $316,994 (5.5%) 0.63 1,073
2021-08-01 $227,475 (1.4%) $310,479 (4.7%) 0.61 1,165
2021-09-01 $229,925 (3.6%) $311,442 (6.1%) 0.61 1,103
2021-10-01 $225,000 (7.1%) $313,139 (8.7%) 0.60 1,063
2021-11-01 $217,450 (3.6%) $310,134 (8.3%) 0.58 961
2021-12-01 $213,475 (5.4%) $313,998 (11.0%) 0.58 770
2022-01-01 $210,750 (0.4%) $318,143 (9.9%) 0.57 629
2022-02-01 $209,950 (-9.8%) $324,928 (6.2%) 0.55 569
2022-03-01 $219,900 (-9.2%) $332,589 (7.7%) 0.55 597
2022-04-01 $225,000 (-9.8%) $342,206 (5.8%) 0.54 679
2022-05-01 $238,950 (-3.7%) $344,207 (8.6%) 0.55 826
2022-06-01 $244,675 (-1.2%) $333,222 (3.5%) 0.54 1,027
2022-07-01 $249,900 (4.2%) $338,229 (6.7%) 0.56 1,221
2022-08-01 $244,925 (7.7%) $335,657 (8.1%) 0.57 1,278
2022-09-01 $239,900 (4.3%) $332,388 (6.7%) 0.56 1,197
2022-10-01 $239,900 (6.6%) $324,532 (3.6%) 0.56 1,167
2022-11-01 $239,900 (10.3%) $325,363 (4.9%) 0.58 1,125
2022-12-01 $229,900 (7.7%) $316,837 (0.9%) 0.57 985
2023-01-01 $225,000 (6.8%) $322,535 (1.4%) 0.56 803
2023-02-01 $227,450 (8.3%) $319,473 (-1.7%) 0.55 749
2023-03-01 $246,175 (12.0%) $338,458 (1.8%) 0.58 730
2023-04-01 $249,900 (11.1%) $347,138 (1.4%) 0.58 766
2023-05-01 $252,925 (5.9%) $351,050 (2.0%) 0.57 883
2023-06-01 $277,697 (13.5%) $357,820 (7.4%) 0.62 988
2023-07-01 $267,900 (7.2%) $348,338 (3.0%) 0.61 1,068
2023-08-01 $259,725 (6.0%) $347,052 (3.4%) 0.60 1,064
2023-09-01 $259,900 (8.3%) $350,891 (5.6%) 0.61 1,151
2023-10-01 $254,900 (6.3%) $353,094 (8.8%) 0.60 1,196
2023-11-01 $249,900 (4.2%) $355,570 (9.3%) 0.60 1,122
2023-12-01 $249,000 (8.3%) $363,533 (14.7%) 0.61 960
2024-01-01 $240,000 (6.7%) $358,849 (11.3%) 0.59 789
2024-02-01 $251,125 (10.4%) $373,126 (16.8%) 0.60 715
2024-03-01 $269,980 (9.7%) $377,876 (11.7%) 0.64 761
BUFFALO - CHEEKTOWAGA's median listing price for 2024-03-01 was $269,980, a difference of $23,805 (9.7%) versus the prior year and $18,855 versus the prior month.

BUFFALO - CHEEKTOWAGA's median listing price comes in at 64% of the national average.

BUFFALO - CHEEKTOWAGA's average listing price for 2024-03-01 was $377,876, a difference of $39,418 (11.7%) versus the prior year and $4,750 versus the prior month.

For the 2024-03-01 period, BUFFALO - CHEEKTOWAGA had 761 MLS listings, a difference of 46 listings (6%) versus the prior month and 31 listings (4%) versus the prior year.

Median Listing Time on Market & Square Footage

Realtor.com - BUFFALO - CHEEKTOWAGA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
Date Median Listing Time on Market Median Square Footage
2018-01-01 69 days 1,635 sqft
2018-02-01 60 days 1,648 sqft
2018-03-01 40 days 1,668 sqft
2018-04-01 32 days 1,701 sqft
2018-05-01 26 days 1,716 sqft
2018-06-01 31 days 1,715 sqft
2018-07-01 35 days 1,726 sqft
2018-08-01 38 days 1,737 sqft
2018-09-01 45 days 1,741 sqft
2018-10-01 49 days 1,728 sqft
2018-11-01 54 days 1,709 sqft
2018-12-01 60 days 1,684 sqft
2019-01-01 67 days 1,650 sqft
2019-02-01 67 days 1,667 sqft
2019-03-01 49 days 1,702 sqft
2019-04-01 39 days 1,737 sqft
2019-05-01 34 days 1,775 sqft
2019-06-01 33 days 1,768 sqft
2019-07-01 37 days 1,750 sqft
2019-08-01 39 days 1,722 sqft
2019-09-01 42 days 1,705 sqft
2019-10-01 45 days 1,688 sqft
2019-11-01 57 days 1,641 sqft
2019-12-01 72 days 1,634 sqft
2020-01-01 81 days 1,639 sqft
2020-02-01 67 days 1,659 sqft
2020-03-01 55 days 1,646 sqft
2020-04-01 64 days 1,690 sqft
2020-05-01 68 days 1,730 sqft
2020-06-01 42 days 1,734 sqft
2020-07-01 34 days 1,730 sqft
2020-08-01 34 days 1,704 sqft
2020-09-01 37 days 1,684 sqft
2020-10-01 45 days 1,632 sqft
2020-11-01 57 days 1,648 sqft
2020-12-01 70 days 1,633 sqft
2021-01-01 77 days 1,630 sqft
2021-02-01 56 days 1,615 sqft
2021-03-01 41 days 1,620 sqft
2021-04-01 32 days 1,658 sqft
2021-05-01 26 days 1,652 sqft
2021-06-01 23 days 1,643 sqft
2021-07-01 26 days 1,660 sqft
2021-08-01 30 days 1,639 sqft
2021-09-01 40 days 1,632 sqft
2021-10-01 47 days 1,609 sqft
2021-11-01 49 days 1,583 sqft
2021-12-01 65 days 1,563 sqft
2022-01-01 75 days 1,527 sqft
2022-02-01 65 days 1,518 sqft
2022-03-01 42 days 1,542 sqft
2022-04-01 26 days 1,556 sqft
2022-05-01 21 days 1,591 sqft
2022-06-01 21 days 1,591 sqft
2022-07-01 30 days 1,624 sqft
2022-08-01 36 days 1,616 sqft
2022-09-01 45 days 1,586 sqft
2022-10-01 52 days 1,587 sqft
2022-11-01 53 days 1,590 sqft
2022-12-01 61 days 1,586 sqft
2023-01-01 71 days 1,580 sqft
2023-02-01 62 days 1,557 sqft
2023-03-01 45 days 1,574 sqft
2023-04-01 40 days 1,584 sqft
2023-05-01 30 days 1,606 sqft
2023-06-01 31 days 1,640 sqft
2023-07-01 38 days 1,614 sqft
2023-08-01 39 days 1,599 sqft
2023-09-01 39 days 1,600 sqft
2023-10-01 39 days 1,584 sqft
2023-11-01 45 days 1,606 sqft
2023-12-01 59 days 1,589 sqft
2024-01-01 68 days 1,607 sqft
2024-02-01 67 days 1,594 sqft
2024-03-01 38 days 1,603 sqft
BUFFALO - CHEEKTOWAGA's median listing age (time on market) for 2024-03-01 was 38 days. This is -15% shorter than the same period one year ago.

BUFFALO - CHEEKTOWAGA's median square footage for active listings during the 2024-03-01 period was 1,603 sqft. One year prior, the average listing was 1,574 sqft.

BUFFALO-CHEEKTOWAGA, NY Average Rent (2023)

Zoom/scroll map to see average rent by zip code. Subscribers can configure state/metro/county granularity, assorted fields and quantity of results.

For additional perspective within a market, below is information regarding the average rents (as defined by HUD) for zip codes within the metro area. Descriptive statistics (average, median) are shown below the table.
Zip Code Metro Studio Apartment Rent 1BR Apartment Rent 2BR Apartment Rent 3BR Apartment Rent 4BR Apartment Rent
14001 Buffalo-Cheektowaga-Niagara Falls, NY MSA $810 $850 $1,000 $1,220 $1,380
14004 Buffalo-Cheektowaga-Niagara Falls, NY MSA $780 $820 $960 $1,180 $1,320
14006 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,100 $1,350 $1,510
14008 Buffalo-Cheektowaga-Niagara Falls, NY MSA $850 $880 $1,040 $1,270 $1,430
14009 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14010 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14012 Buffalo-Cheektowaga-Niagara Falls, NY MSA $700 $750 $940 $1,160 $1,270
14013 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14025 Buffalo-Cheektowaga-Niagara Falls, NY MSA $850 $890 $1,050 $1,290 $1,440
14026 Buffalo-Cheektowaga-Niagara Falls, NY MSA $970 $1,020 $1,200 $1,470 $1,650
14027 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14028 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,100 $1,350 $1,510
14030 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14031 Buffalo-Cheektowaga-Niagara Falls, NY MSA $790 $820 $970 $1,190 $1,330
14032 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,300 $1,360 $1,600 $1,960 $2,200
14033 Buffalo-Cheektowaga-Niagara Falls, NY MSA $930 $980 $1,150 $1,410 $1,580
14034 Buffalo-Cheektowaga-Niagara Falls, NY MSA $700 $740 $870 $1,080 $1,210
14035 Buffalo-Cheektowaga-Niagara Falls, NY MSA $700 $740 $870 $1,080 $1,210
14036 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14037 Buffalo-Cheektowaga-Niagara Falls, NY MSA $820 $860 $1,010 $1,240 $1,390
14038 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14043 Buffalo-Cheektowaga-Niagara Falls, NY MSA $920 $960 $1,130 $1,380 $1,550
14047 Buffalo-Cheektowaga-Niagara Falls, NY MSA $850 $890 $1,050 $1,290 $1,440
14051 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,300 $1,360 $1,600 $1,960 $2,200
14052 Buffalo-Cheektowaga-Niagara Falls, NY MSA $820 $860 $1,010 $1,240 $1,390
14055 Buffalo-Cheektowaga-Niagara Falls, NY MSA $720 $750 $880 $1,080 $1,210
14057 Buffalo-Cheektowaga-Niagara Falls, NY MSA $770 $810 $950 $1,160 $1,310
14059 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,050 $1,100 $1,290 $1,580 $1,770
14061 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,070 $1,120 $1,320 $1,620 $1,820
14067 Buffalo-Cheektowaga-Niagara Falls, NY MSA $850 $890 $1,050 $1,290 $1,440
14068 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,020 $1,060 $1,250 $1,530 $1,720
14069 Buffalo-Cheektowaga-Niagara Falls, NY MSA $840 $870 $1,030 $1,260 $1,410
14070 Buffalo-Cheektowaga-Niagara Falls, NY MSA $700 $740 $870 $1,080 $1,210
14072 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,050 $1,100 $1,290 $1,580 $1,770
14075 Buffalo-Cheektowaga-Niagara Falls, NY MSA $970 $1,010 $1,190 $1,460 $1,640
14080 Buffalo-Cheektowaga-Niagara Falls, NY MSA $850 $880 $1,040 $1,270 $1,430
14081 Buffalo-Cheektowaga-Niagara Falls, NY MSA $810 $850 $1,000 $1,220 $1,380
14085 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,080 $1,130 $1,330 $1,630 $1,830
14086 Buffalo-Cheektowaga-Niagara Falls, NY MSA $850 $890 $1,050 $1,290 $1,440
14091 Buffalo-Cheektowaga-Niagara Falls, NY MSA $720 $750 $880 $1,080 $1,210
14092 Buffalo-Cheektowaga-Niagara Falls, NY MSA $930 $970 $1,140 $1,400 $1,570
14094 Buffalo-Cheektowaga-Niagara Falls, NY MSA $800 $840 $990 $1,210 $1,360
14095 Buffalo-Cheektowaga-Niagara Falls, NY MSA $770 $810 $950 $1,160 $1,310
14098 Buffalo-Cheektowaga-Niagara Falls, NY MSA $760 $860 $1,070 $1,300 $1,440
14102 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14103 Buffalo-Cheektowaga-Niagara Falls, NY MSA $740 $840 $1,050 $1,280 $1,410
14105 Buffalo-Cheektowaga-Niagara Falls, NY MSA $700 $750 $940 $1,160 $1,270
14107 Buffalo-Cheektowaga-Niagara Falls, NY MSA $770 $810 $950 $1,160 $1,310
14108 Buffalo-Cheektowaga-Niagara Falls, NY MSA $770 $810 $950 $1,160 $1,310
14109 Buffalo-Cheektowaga-Niagara Falls, NY MSA $770 $810 $950 $1,160 $1,310
14110 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14111 Buffalo-Cheektowaga-Niagara Falls, NY MSA $740 $770 $910 $1,110 $1,250
14112 Buffalo-Cheektowaga-Niagara Falls, NY MSA $950 $1,000 $1,180 $1,450 $1,620
14120 Buffalo-Cheektowaga-Niagara Falls, NY MSA $800 $830 $980 $1,200 $1,350
14126 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,100 $1,350 $1,510
14127 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,000 $1,050 $1,230 $1,510 $1,690
14131 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,060 $1,100 $1,300 $1,590 $1,790
14132 Buffalo-Cheektowaga-Niagara Falls, NY MSA $830 $870 $1,020 $1,250 $1,400
14134 Buffalo-Cheektowaga-Niagara Falls, NY MSA $880 $920 $1,070 $1,320 $1,480
14139 Buffalo-Cheektowaga-Niagara Falls, NY MSA $840 $880 $1,030 $1,260 $1,420
14140 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14141 Buffalo-Cheektowaga-Niagara Falls, NY MSA $700 $740 $870 $1,080 $1,210
14144 Buffalo-Cheektowaga-Niagara Falls, NY MSA $770 $810 $950 $1,160 $1,310
14145 Buffalo-Cheektowaga-Niagara Falls, NY MSA $870 $910 $1,070 $1,310 $1,470
14150 Buffalo-Cheektowaga-Niagara Falls, NY MSA $920 $960 $1,130 $1,380 $1,550
14151 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14169 Buffalo-Cheektowaga-Niagara Falls, NY MSA $820 $860 $1,010 $1,240 $1,390
14170 Buffalo-Cheektowaga-Niagara Falls, NY MSA $800 $840 $990 $1,210 $1,360
14172 Buffalo-Cheektowaga-Niagara Falls, NY MSA $900 $940 $1,110 $1,360 $1,530
14173 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14174 Buffalo-Cheektowaga-Niagara Falls, NY MSA $850 $880 $1,040 $1,270 $1,430
14201 Buffalo-Cheektowaga-Niagara Falls, NY MSA $840 $880 $1,030 $1,260 $1,420
14202 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,100 $1,350 $1,510
14203 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,210 $1,270 $1,490 $1,830 $2,050
14204 Buffalo-Cheektowaga-Niagara Falls, NY MSA $720 $750 $880 $1,080 $1,210
14205 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14206 Buffalo-Cheektowaga-Niagara Falls, NY MSA $800 $830 $980 $1,200 $1,350
14207 Buffalo-Cheektowaga-Niagara Falls, NY MSA $760 $790 $930 $1,140 $1,280
14208 Buffalo-Cheektowaga-Niagara Falls, NY MSA $870 $910 $1,070 $1,310 $1,470
14209 Buffalo-Cheektowaga-Niagara Falls, NY MSA $860 $900 $1,060 $1,300 $1,460
14210 Buffalo-Cheektowaga-Niagara Falls, NY MSA $800 $830 $980 $1,200 $1,350
14211 Buffalo-Cheektowaga-Niagara Falls, NY MSA $790 $820 $970 $1,190 $1,330
14212 Buffalo-Cheektowaga-Niagara Falls, NY MSA $770 $810 $950 $1,160 $1,310
14213 Buffalo-Cheektowaga-Niagara Falls, NY MSA $840 $880 $1,030 $1,260 $1,420
14214 Buffalo-Cheektowaga-Niagara Falls, NY MSA $900 $940 $1,110 $1,360 $1,530
14215 Buffalo-Cheektowaga-Niagara Falls, NY MSA $780 $820 $960 $1,180 $1,320
14216 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,000 $1,050 $1,230 $1,510 $1,690
14217 Buffalo-Cheektowaga-Niagara Falls, NY MSA $840 $880 $1,030 $1,260 $1,420
14218 Buffalo-Cheektowaga-Niagara Falls, NY MSA $750 $780 $920 $1,130 $1,270
14219 Buffalo-Cheektowaga-Niagara Falls, NY MSA $800 $840 $990 $1,210 $1,360
14220 Buffalo-Cheektowaga-Niagara Falls, NY MSA $810 $850 $1,000 $1,220 $1,380
14221 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,150 $1,200 $1,410 $1,730 $1,940
14222 Buffalo-Cheektowaga-Niagara Falls, NY MSA $950 $990 $1,170 $1,430 $1,610
14223 Buffalo-Cheektowaga-Niagara Falls, NY MSA $830 $870 $1,020 $1,250 $1,400
14224 Buffalo-Cheektowaga-Niagara Falls, NY MSA $930 $980 $1,150 $1,410 $1,580
14225 Buffalo-Cheektowaga-Niagara Falls, NY MSA $840 $880 $1,030 $1,260 $1,420
14226 Buffalo-Cheektowaga-Niagara Falls, NY MSA $990 $1,040 $1,220 $1,490 $1,680
14227 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,000 $1,050 $1,230 $1,510 $1,690
14228 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,120 $1,170 $1,380 $1,690 $1,900
14231 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14233 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14240 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14261 Buffalo-Cheektowaga-Niagara Falls, NY MSA $1,120 $1,170 $1,370 $1,680 $1,890
14263 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14272 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14273 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14280 Buffalo-Cheektowaga-Niagara Falls, NY MSA $890 $930 $1,090 $1,340 $1,500
14301 Buffalo-Cheektowaga-Niagara Falls, NY MSA $720 $760 $890 $1,090 $1,220
14302 Buffalo-Cheektowaga-Niagara Falls, NY MSA $720 $760 $890 $1,090 $1,220
14303 Buffalo-Cheektowaga-Niagara Falls, NY MSA $750 $780 $920 $1,130 $1,270
14304 Buffalo-Cheektowaga-Niagara Falls, NY MSA $770 $810 $950 $1,160 $1,310
14305 Buffalo-Cheektowaga-Niagara Falls, NY MSA $800 $840 $990 $1,210 $1,360

2022 Average & Median Rent Data Statistics
BUFFALO-CHEEKTOWAGA, NY average 1BR rent: $911, median: $890
BUFFALO-CHEEKTOWAGA, NY average 2BR rent: $1,073, median: $1,055
BUFFALO-CHEEKTOWAGA, NY average 3BR rent: $1,316, median: $1,295

BUFFALO-CHEEKTOWAGA, NY Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 9,698 $2,512,780,000 $259,103
Home Improvement 2,806 $250,050,000 $89,113
Cash Out Refi 1,996 $359,310,000 $180,015
Other 1,833 $183,035,000 $99,855
Refi 1,754 $751,620,000 $428,518
NA 2 $100,000 $50,000

Buffalo - Cheektowaga's most frequently cited loan purpose was Home Purchase, with 9,698 originations. The 2nd most popular reason was Home Improvement, with 2,806 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 6,824 $1,539,490,000 $225,599
7-8% 3,621 $884,835,000 $244,362
Over 8% 3,434 $411,290,000 $119,770
5-6% 2,364 $955,560,000 $404,213
<2.5% 826 $67,850,000 $82,143
4-5% 271 $64,895,000 $239,465
2.5-3% 85 $13,925,000 $163,824
3-4% 72 $22,060,000 $306,389

During 2023, Buffalo - Cheektowaga's most frequently originated rate bucket was 6-7%, with 6,824 originations.

Loan Sizing (BUFFALO-CHEEKTOWAGA, NY MSA)

Loan Size Originations Total Value Average Loan
$100k-200k 6,656 $977,950,000 $146,928
$200k-400k 5,213 $1,390,065,000 $266,654
$100,000 or less 5,020 $284,480,000 $56,669
$400k-600k 879 $414,865,000 $471,974
$600k-1000k 228 $163,360,000 $716,491
$Over $1MM 93 $826,175,000 $8,883,602

BUFFALO - CHEEKTOWAGA's loan sizing saw the bucket of loans from $100k-200k with 6,656 originations, totaling $977,950,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 6,543 $1,632,565,000 $249,513
60-80% 3,925 $1,161,575,000 $295,943
20-40% 2,842 $277,980,000 $97,811
Under 20% 2,107 $108,625,000 $51,554
40-60% 1,955 $404,485,000 $206,898
Over 100% 99 $386,115,000 $3,900,152

BUFFALO - CHEEKTOWAGA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 6,543 originations, totaling $1,632,565,000 in origination value.