Tonawanda, NY Housing Market & Real Estate

Strong seller's market+2.8% YoY

Housing market overview · Updated weekly ·

Quick answer: The median home sale price in Tonawanda, NY is $245,000, up 2.8% year-over-year. Homes sell in an average of 22 days with 18 active listings. The market is currently a strong seller's market.

$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

Tonawanda, NY market data

Current housing market statistics for Tonawanda, NY
MetricValue
Median sale price$245,000
Median list price$240,000
Year-over-year price change+2.8%
Average days on market22 days
Active inventory18 listings
Months of supply0.4 months
Sale-to-list price ratio101.8%
Market conditionStrong seller's market

Source: Redfin · Updated weekly

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

Homes for sale in Tonawanda

There are currently 18 homes listed for sale in Tonawanda, New York. The median listing price is $240K.

Active listings

18

Homes on market

Median list price

$240K

Avg. days on market

22

Days until sale

New this week

35

Newly listed

Price drops:16.7%of listings
Sale-to-list:101.8%

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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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