How much house does $500,000 buy you in Buffalo?
      
    Back in 2014, spending $500,000 on a house was generally reserved for high earners. The typical U.S. home sold for $159,000, while starter homes averaged just $101,000. Fast-forward to today, and prices have more than doubled: A standard home now sells for $440,000, with starter homes approaching $300,000.
These current prices have put homeownership out of reach for many – and things don't look to be improving. Prices are still rising, affordability keeps dropping, and starter homes are becoming harder to find as home values climb. This has created a very sluggish and difficult housing market. In fact, even the usual busy spring and summer buying seasons were unusually slow this year.
While $500,000 once stretched much further, in many cities today, it's not nearly enough. But what about Buffalo?
To find out, Redfin Real Estate found listings near the $500,000 mark to see what types of homes you can actually afford in Buffalo right now. Listings below $500,000 were included if necessary.
57-59  Conway St,  Depew,  NY 14043
- Price: $499,000
- 6 bedrooms, 4 bathrooms
- Square feet: 3,129
- See 57-59  Conway St,  Depew,  NY 14043 on Redfin.com
80  Capen Blvd,  Buffalo,  NY 14226
- Price: $475,000
- 6 bedrooms, 3.5 bathrooms
- Square feet: 2,591
- See 80  Capen Blvd,  Buffalo,  NY 14226 on Redfin.com
4486  Shadyridge Dr,  Hamburg,  NY 14075
- Price: $495,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,917
- See 4486  Shadyridge Dr,  Hamburg,  NY 14075 on Redfin.com
700  Mountain View Dr,  Lewiston,  NY 14092
- Price: $499,000
- 5 bedrooms, 2.5 bathrooms
- Square feet: 2,848
- See 700  Mountain View Dr,  Lewiston,  NY 14092 on Redfin.com
1  Abbott Hill Road Ext,  Boston,  NY 14025
- Price: $490,000
- 4 bedrooms, 4 bathrooms
- Square feet: 1,680
- See 1  Abbott Hill Road Ext,  Boston,  NY 14025 on Redfin.com
5348  Hollenbeck Rd,  Lockport,  NY 14094
- Price: $485,000
- 4 bedrooms, 3 bathrooms
- Square feet: 2,484
- See 5348  Hollenbeck Rd,  Lockport,  NY 14094 on Redfin.com
980 E Robinson St,  North Tonawanda,  NY 14120
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,951
- See 980 E Robinson St,  North Tonawanda,  NY 14120 on Redfin.com
8676  Violet Pkwy,  Eden,  NY 14057
- Price: $479,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,800
- See 8676  Violet Pkwy,  Eden,  NY 14057 on Redfin.com
55  Twilight Ln,  East Amherst,  NY 14051
- Price: $475,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,789
- See 55  Twilight Ln,  East Amherst,  NY 14051 on Redfin.com
27  Rolling Woods Ln,  West Seneca,  NY 14224
- Price: $479,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,655
- See 27  Rolling Woods Ln,  West Seneca,  NY 14224 on Redfin.com
59  Moorgate Ct,  East Amherst,  NY 14051
- Price: $494,999
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,474
- See 59  Moorgate Ct,  East Amherst,  NY 14051 on Redfin.com
148  Marlin Dr,  Grand Island,  NY 14072
- Price: $499,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,280
- See 148  Marlin Dr,  Grand Island,  NY 14072 on Redfin.com
575  Morgan Dr,  Lewiston,  NY 14092
- Price: $495,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,262
- See 575  Morgan Dr,  Lewiston,  NY 14092 on Redfin.com
60  Highland Dr,  Elma,  NY 14059
- Price: $479,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,248
- See 60  Highland Dr,  Elma,  NY 14059 on Redfin.com
28  Schimwood Ct,  Getzville,  NY 14068
- Price: $499,999
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,200
- See 28  Schimwood Ct,  Getzville,  NY 14068 on Redfin.com
3479  Parkwood Cmn,  Hamburg,  NY 14075
- Price: $489,900
- 4 bedrooms, 2.5 bathrooms
- Square feet: 2,120
- See 3479  Parkwood Cmn,  Hamburg,  NY 14075 on Redfin.com
42  Lancaster Ave,  Buffalo,  NY 14222
- Price: $500,000
- 4 bedrooms, 2.5 bathrooms
- Square feet: 1,979
- See 42  Lancaster Ave,  Buffalo,  NY 14222 on Redfin.com
42  Frontenac Ave,  Buffalo,  NY 14216
- Price: $479,900
- 4 bedrooms, 2 bathrooms
- Square feet: 1,927
- See 42  Frontenac Ave,  Buffalo,  NY 14216 on Redfin.com
270 S 4Th St,  Lewiston,  NY 14092
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 2,484
- See 270 S 4Th St,  Lewiston,  NY 14092 on Redfin.com
1690  Center,  West Seneca,  NY 14224
- Price: $499,900
- 3 bedrooms, 2.5 bathrooms
- Square feet: 1,709
- See 1690  Center,  West Seneca,  NY 14224 on Redfin.com
5092  Dana Dr,  Lewiston,  NY 14092
- Price: $489,000
- 3 bedrooms, 2 bathrooms
- Square feet: 2,944
- See 5092  Dana Dr,  Lewiston,  NY 14092 on Redfin.com
8437  Roosevelt Dr,  Gasport,  NY 14067
- Price: $489,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,838
- See 8437  Roosevelt Dr,  Gasport,  NY 14067 on Redfin.com
63  Castlewood Ct,  Grand Island,  NY 14072
- Price: $499,000
- 3 bedrooms, 2 bathrooms
- Square feet: 1,800
- See 63  Castlewood Ct,  Grand Island,  NY 14072 on Redfin.com
11335  Wyandale Rd,  Springville,  NY 14141
- Price: $495,900
- 3 bedrooms, 2 bathrooms
- Square feet: 1,170
- See 11335  Wyandale Rd,  Springville,  NY 14141 on Redfin.com
9184  Newcomb Rd,  Angola,  NY 14006
- Price: $499,900
- 3 bedrooms, 1 bathroom
- Square feet: 1,100
- See 9184  Newcomb Rd,  Angola,  NY 14006 on Redfin.com
1363  Losson Rd,  Depew,  NY 14043
- Price: $497,000
- 3 bedrooms, 1 bathroom
- Square feet: 960
- See 1363  Losson Rd,  Depew,  NY 14043 on Redfin.com
41 Elmwood Ave,  Buffalo,  NY 14201
- Price: $500,000
- 2 bedrooms, 2.5 bathrooms
- Square feet: 5,408
- See 41 Elmwood Ave,  Buffalo,  NY 14201 on Redfin.com
3238  Woodland Ct S,  North Tonawanda,  NY 14120
- Price: $499,900
- 2 bedrooms, 2 bathrooms
- Square feet: 3,075
- See 3238  Woodland Ct S,  North Tonawanda,  NY 14120 on Redfin.com
,  Buffalo,  NY 14202
- Price: $475,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,623
- See ,  Buffalo,  NY 14202 on Redfin.com
6145  Mckinley Pkwy,  Hamburg,  NY 14075
- Price: $475,000
- 2 bedrooms, 2 bathrooms
- Square feet: 1,409
- See 6145  Mckinley Pkwy,  Hamburg,  NY 14075 on Redfin.com
 
   
   
  