Even though housing prices have increased significantly over the last few years, Western New York is still a very affordable place to live, and while it's still pretty cold outside, it's not too early to start thinking about kicking off that homebuying journey.
Whether you're a first-time homebuyer or are a seasoned vet of the housing market, there are several local organizations that are looking to help you buy a house. Even with the increasing mortgage interest rates, Buffalo is one of the most affordable places to buy a home in the country and that makes this still the right time to buy.
So now that you've decided to go ahead and buy a house, where are the best and most affordable areas of Western New York to call home?
There are several websites that specialize in tracking data regarding home prices and sales records. After reviewing information from the Buffalo Niagara Association of REALTORS, Realtor.com, Zillow, and other sources, here are 4 of the most affordable areas in the 716 to purchase in.
Buffalo's North Park Neighborhood
Right in the heart of Buffalo's Hertel/Parkside area, the North Park Neighborhood ranks among the best places in Buffalo to live with tons of great shops within walking distance. The median home price in this area is around $280,000, which is just above the average home sales price in the last 12 months in Erie County.
Snyder Neighborhood in Amherst
Once called Snydersville, the Snyder neighborhood is actually a Hamlet in Amherst that features many beautiful homes and several bustling businesses along Main St. With a median home price is just under $200,000, this area is relatively nice and affordable to buy.
Buffalo's Historic Hamling Park Neighborhood
Bounded by Jefferson Ave., Main St., Ferry St., and Humboldt Parkway, the Historic Hamlin Park Neighborhood was once described as one the best-looking areas of Buffalo with several Victorian, Four Square, and Bungalow style homes. While a really bad decision by the powers that be in Buffalo caused some major damage to the area, the neighborhood has seen a recent resurgence.
Village of Depew
Named after one of the original people who invested in the land the village sits on, Chauncey Depew, Depew sits between Cheektowaga and Lancaster. The village's proximity to Transit Road makes shopping very convenient and a median home price of around $200,000 makes it extremely affordable to live in a nice neighborhood in the northtowns.