--- title: WNY Housing Market --- [![Myriad Team logo with address: Myriad Team at Keller Williams Realty Lancaster, 2731 Transit Rd, Ste 102, Elma NY 14059](https://myriadteam.com/hs-fs/hubfs/MT-logo-with%20address-230x111.jpg?width=157&height=76&name=MT-logo-with%20address-230x111.jpg "Myriad Team logo with address: Myriad Team at Keller Williams Realty Lancaster, 2731 Transit Rd, Ste 102, Elma NY 14059")](https://myriadteam.com/?hsLang=en) [![Myriad Team at Keller Williams Realty, 2731 Transit Rd Ste 102, Elma NY 14059](https://myriadteam.com/hs-fs/hubfs/MT-logo-with%20address-230x111.jpg?width=230&height=111&name=MT-logo-with%20address-230x111.jpg "Myriad Team at Keller Williams Realty, 2731 Transit Rd Ste 102, Elma NY 14059")](https://myriadteam.com/?hsLang=en) [![Myriad Team at Keller Williams Realty, 2731 Transit Rd Ste 102, Elma NY 14059](https://myriadteam.com/hs-fs/hubfs/MT-logo-with%20address-230x111.jpg?width=230&height=111&name=MT-logo-with%20address-230x111.jpg "Myriad Team at Keller Williams Realty, 2731 Transit Rd Ste 102, Elma NY 14059")](https://myriadteam.com/?hsLang=en) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. - [Myriad Team](https://myriadteam.com) - [About Us](https://myriadteam.com/about-us) - [Contact Us](https://myriadteam.com/contact-us) - [Services](https://myriadteam.com/services) - [Buying Real Estate](https://myriadteam.com/buying-real-estate) - [Selling Real Estate](https://myriadteam.com/selling-real-estate) - [Virtual Real Estate](https://myriadteam.com/virtual-real-estate) - [Western NY](https://myriadteam.com/western-ny) - [WNY Housing Market](https://myriadteam.com/wny-housing-market) - [Find Homes](https://myriadteam.kw.com/search) - [NYS Fair Housing](https://myriadteam.com/nys-fair-housing) - [SOP](https://myriadteam.com/sop) This is a search field with an auto-suggest feature attached. - There are no suggestions because the search field is empty. # Western NY Housing Market ## What is a "housing market"? The term Housing Market generally refers to the overall supply and demand of homes in any given area. On the [reports and graphs](https://myriadteam.com/wny-housing-market#stats) we provide, any time “Entire MLS” is referenced, the areas included are: - Allegany County - Cattaraugus County - Chautauqua County - Erie County - Genesee County - Niagara County - Orleans County - Wyoming County Historically speaking, the Western NY Housing Market has always been one of the most stable markets in the United States. Even during the last market crash, Western NY home values were barely affected. Typically, the Western NY market may fluctuate up or down approximately 3-5%. As you can see on the [sales price graph](https://myriadteam.com/wny-housing-market#stats), this remained true during that last big market crash in 2008. In fact, home values in Western NY actually saw an increase during that time! ## **What is a "housing market"?** The term Housing Market generally refers to the overall supply and demand of homes in any given area. On the [reports and graphs](https://myriadteam.com/wny-housing-market#stats) we provide, any time “Entire MLS” is referenced, the areas included are: - Allegany County - Cattaraugus County - Chautauqua County - Erie County - Genesee County - Niagara County - Orleans County - Wyoming County Historically speaking, the Western NY Housing Market has always been one of the most stable markets in the United States. Even during the last market crash, Western NY home values were barely affected. Typically, the Western NY market may fluctuate up or down approximately 3-5%. As you can see on the [sales price graph](https://myriadteam.com/wny-housing-market#stats), this remained true during that last big market crash in 2008. In fact, home values in Western NY actually saw an increase during that time! ## **Western NY Housing Market Stats** 💲Avg Sales 📅 Avg DOM 🏠 Supply 📐 Price/SF ### 💲Avg Sales ![housing market -sales price](https://wnyreis.stats.showingtime.com/infoserv/s-v1/yJi2-PMa?w=800&h=600)   ### 📅 Avg DOM ![housing market -days on market](https://wnyreis.stats.showingtime.com/infoserv/s-v1/yJiT-vNi?w=800&h=600)   ### 🏠 Supply ![housing market -months supply](https://wnyreis.stats.showingtime.com/infoserv/s-v1/yJif-npO?w=800&h=600)   ### 📐 Price/SF ![housing market -price per sq ft](https://wnyreis.stats.showingtime.com/infoserv/s-v1/yJiH-vbJ?w=800&h=600)   ##### 💲 Average Sales Price ![housing market -sales price](https://wnyreis.stats.showingtime.com/infoserv/s-v1/yJi2-PMa?w=800&h=600) ##### 📅 Average Days On Market ![housing market -days on market](https://wnyreis.stats.showingtime.com/infoserv/s-v1/yJiT-vNi?w=800&h=600) ##### 🏠 Months Supply of Inventory ![housing market -months supply](https://wnyreis.stats.showingtime.com/infoserv/s-v1/yJif-npO?w=800&h=600) ##### 📐 Price Per Square Foot ![housing market -price per sq ft](https://wnyreis.stats.showingtime.com/infoserv/s-v1/yJiH-vbJ?w=800&h=600) ## **What does this mean for you?** Stability in a housing market means that you can rest assured that your property will at least retain its value when it comes time for you to sell. We believe that as the housing market continues to shift in the months and years to come, your home value will follow the historical trend. That means that your home will still be the best investment you can make for yourself! We can help you determine your home’s value at NO COST to you. ![realtor-logo-white](https://myriadteam.com/hs-fs/hubfs/Website%20Images/realtor-logo-white.png?width=167&height=60&name=realtor-logo-white.png)Keller Williams Realty, Inc. is a real estate franchise company. Each Keller Williams office is independently owned and operated. We support the Fair Housing Act and are an Equal Opportunity Housing Provider. If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed. 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