Tonawanda, NY

Strong seller's market+2.8% YoY

Housing market overview · Updated weekly

$245,000median sale price

Homes sold

43

Last 12 weeks

Days on market

22

Average pace

Active listings

18

0.4 months supply

Sale-to-list

101.8%

Above asking

The Tonawanda housing market is currently classified as a strong seller's market with a median sale price of $245,000. Prices have risen 2.8% compared to last year, with homes spending an average of 22 days on market, indicating 0.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

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Frequently asked questions

What is the average home price in Tonawanda?

The median home sale price in Tonawanda is $245,000, up 2.8% from last year.

How long do homes stay on market in Tonawanda?

Homes typically spend 22 days on market before going under contract.

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

With 0.4 months of supply, Tonawanda is currently a strong seller's market.

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