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Featured local agent — Tonawanda Town, NY
Sarah Mitchell
Compass Real Estate · Tonawanda Town, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Tonawanda Town, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$264,000median sale price
How is the Tonawanda Town, NY housing market right now?
The median home sale price in Tonawanda Town, NY is $264,000, down 6.7% year-over-year. Homes sell in an average of 10 days with 39 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 Town a buyer's or seller's market?
Tonawanda Town, NY is currently a strong seller's market, based on 0.8 months of supply and homes selling in about 10 days. How we determine this →
Homes sold
46
Last 12 weeks
Days on market
10
Fast-moving
Active listings
39
0.8 months supply
Sale-to-list
107.6%
Above asking
What does the Tonawanda Town housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $264,000 |
| Median list price | $259,950 |
| Year-over-year price change | -6.7% |
| Average days on market | 10 days |
| Active inventory | 39 listings |
| Months of supply | 0.8 months |
| Sale-to-list price ratio | 107.6% |
| Median price per sq ft | $211/sq ft |
| Homes sold (latest month) | 46 |
| New listings (latest month) | 82 |
| Listings with a price cut | 25.6% |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Tonawanda Town by property type?
How the Tonawanda Town, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $264,000 | $213/sq ft | 44 | 10 days |
| Condo / Co-op | $334,000 | $227/sq ft | 1 | 7 days |
| Townhouse | $267,500 | $146/sq ft | 2 | 89 days |
Source: Redfin · Updated monthly
The Tonawanda Town housing market is currently classified as a strong seller's market with a median sale price of $264,000. Prices have fallen 6.7% compared to last year, with homes spending an average of 10 days on market, indicating 0.8 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 Town
There are currently 39 homes listed for sale in Tonawanda Town, New York. The median listing price is $260K.
Active listings
39
Homes on market
Median list price
$260K
Avg. days on market
10
Days until sale
New this week
82
Newly listed
Who lives in Tonawanda Town?
Population
56,973
Median income
$76,644/yr
Median age
42.4 years
Owner-occupied
72.9%
College grads
38.5%
Avg commute
19.9 min
Source: U.S. Census Bureau ACS
What is it like to live in Tonawanda Town?
Tonawanda Town is a community of approximately 57K residents with a median age of 42.4 years.The median household income is $76,644, which reflects a relatively affluent area with strong earning potential. 38.5% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 72.9%, reflecting strong community stability and long-term resident commitment. The average commute time is 19.9 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Tonawanda Town offers a balanced lifestyle with accessible home values relative to local income levels.
Which cities are near Tonawanda Town, NY?
Want a head-to-head view? Compare Tonawanda Town 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 Town?
The median home sale price in Tonawanda Town is $264,000, down 6.7% from last year.
How long do homes stay on market in Tonawanda Town?
Homes typically spend 10 days on market before going under contract.
What is the median income in Tonawanda Town?
The median household income is $76,644 per year.
Is Tonawanda Town a buyer's or seller's market?
With 0.8 months of supply, Tonawanda Town is currently a strong seller's market.
What is the median condo price in Tonawanda Town?
The median condo/co-op sale price in Tonawanda Town, NY is $334,000, compared to $264,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Tonawanda Town?
The median single-family home price in Tonawanda Town, NY is $264,000 (about $213 per square foot).
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