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Featured local agent — Tonawanda, NY

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Sarah Mitchell

CNESRESABR

Compass Real Estate · Tonawanda, NY

“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”

Tonawanda, NY(512) 555-0184TX License #0512847
Visit website →sarahmitchellhomes.com
5.0 · 47 reviews

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Tonawanda, NY Housing Market & Real Estate

Strong seller's market-12.4% YoY

Housing market overview · Updated monthly ·

$205,750median sale price

How is the Tonawanda, NY housing market right now?

The median home sale price in Tonawanda, NY is $205,750, down 12.4% year-over-year. Homes sell in an average of 10 days with 11 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)

Is Tonawanda a buyer's or seller's market?

Strong seller's market1.4 months of supply10 avg. days on market

Tonawanda, NY is currently a strong seller's market, based on 1.4 months of supply and homes selling in about 10 days. How we determine this →

Homes sold

8

Last 12 weeks

Days on market

10

Fast-moving

Active listings

11

1.4 months supply

Sale-to-list

106.6%

Above asking

What does the Tonawanda housing market data show?

Current housing market statistics for Tonawanda, NY
MetricValue
Median sale price$205,750
Median list price$209,900
Year-over-year price change-12.4%
Average days on market10 days
Active inventory11 listings
Months of supply1.4 months
Sale-to-list price ratio106.6%
Median price per sq ft$178/sq ft
Homes sold (latest month)8
New listings (latest month)22
Listings with a price cut45.5%
Market conditionStrong seller's market

Source: Redfin · Updated monthly

How much do homes cost in Tonawanda by property type?

How the Tonawanda, NY market breaks down across single-family homes, condos, and townhouses.

Median price, price per square foot, homes sold and days on market by property type in Tonawanda, NY
Property typeMedian pricePrice / sq ftHomes soldDays on market
Single-family$193,000$200/sq ft79 days
Condo / Co-op$334,000$227/sq ft17 days
Townhouse$221,450$118/sq ft120 days

Source: Redfin · Updated monthly

The Tonawanda housing market is currently classified as a strong seller's market with a median sale price of $205,750. Prices have fallen 12.4% compared to last year, with homes spending an average of 10 days on market, indicating 1.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Homes for sale in Tonawanda

There are currently 11 homes listed for sale in Tonawanda, New York. The median listing price is $210K.

Active listings

11

Homes on market

Median list price

$210K

Avg. days on market

10

Days until sale

New this week

22

Newly listed

Price drops:45.5%of listings
Sale-to-list:106.6%

Who lives in Tonawanda?

Population

15,044

Median income

$61,619/yr

Median age

42.3 years

Owner-occupied

73.8%

College grads

26.0%

Avg commute

22.3 min

Source: U.S. Census Bureau ACS

What are homes worth in Tonawanda?

Zillow rent index

$1,281/mo

Source: Zillow Research

What is it like to live in Tonawanda?

Tonawanda is a community of approximately 15K residents with a median age of 42.3 years.The median household income is $61,619, which represents a working-class community with solid middle-income opportunities. 26.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.

Homeownership rates are at 73.8%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.3 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tonawanda offers a balanced lifestyle with accessible home values relative to local income levels.

Which public schools serve Tonawanda?

6 schools tracked · 4,066 students

The largest public schools serving Tonawanda, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.

KENMORE EAST SENIOR HIGH SCHOOL

Grades 8-12 · 1,054 students

Public

TONAWANDA MIDDLE/HIGH SCHOOL

Grades 6-12 · 889 students

Public

TONAWANDA ELEMENTARY SCHOOL

Grades PK-5 · 807 students

Public

THOMAS A EDISON ELEMENTARY SCHOOL

Grades K-4 · 601 students

Public

GLENDALE ELEMENTARY SCHOOL

Grades PK-5 · 434 students

Public

HOLMES ELEMENTARY SCHOOL

Grades PK-4 · 281 students

Public

Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.

Which cities are near Tonawanda, NY?

Want a head-to-head view? Compare Tonawanda side-by-side with any other U.S. city using our market-comparison tool.

Frequently asked questions

What is the average home price in Tonawanda?

The median home sale price in Tonawanda is $205,750, down 12.4% from last year.

How long do homes stay on market in Tonawanda?

Homes typically spend 10 days on market before going under contract.

What is the median income in Tonawanda?

The median household income is $61,619 per year.

Is Tonawanda a buyer's or seller's market?

With 1.4 months of supply, Tonawanda is currently a strong seller's market.

What is the median condo price in Tonawanda?

The median condo/co-op sale price in Tonawanda, NY is $334,000, compared to $193,000 for a single-family home, based on the latest Redfin data.

How much does a single-family home cost in Tonawanda?

The median single-family home price in Tonawanda, NY is $193,000 (about $200 per square foot).

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