Oct 15
2024
Infographic: To buy or to rent? Either costs more
The median value of a home in Erie County reached $241,900 in 2023; in Niagara County, $189,700, according to Census Bureau estimates. (Median defined as point at which half are above, half below.) Year-to-year Census Bureau estimates for the largest municipalities show median housing values up almost 50% from 2019 to 2023 in Amherst and Buffalo, more than 60% in Cheektowaga and almost 40% in Town of Tonawanda. The Amherst median — $336,000 — is almost twice that of Buffalo, at $174,200. Rent also rises Median monthly rent hit $1,067 in Erie County, with its four largest municipalities — Buffalo,[...]