NewsLocal News

Actions

Buffalo homeowners like to stay put for a little while

Posted at 6:23 AM, Feb 20, 2019
and last updated 2019-02-20 07:20:28-05

BUFFALO, N.Y. (WKBW) — It appears homeowners in Buffalo stay put for a little while.

According to research by Lending Tree, Buffalo homeowners live in their homes for seven-and-a-half years on average.

That's good for third among 50 American cities.

Only New York City and Pittsburgh beat out Buffalo.

Lending Tree also found the median three-year home price appreciation in Buffalo, is 19-percent.

That means Buffalo homeowners who stay for the average amount of time, could see their home's value rise by more than 44 percent!