14220 — Erie County, New York Market Snapshot
Housing market data for zip code 14220 in Erie County, New York. Updated monthly with median prices, days on market, and more.
Market Sales Data
29 sales in 2026 (year to date)
Median Sale Price
$239,900
Days to Sell
17
Homes Sold
29
Inventory
19
Sale-to-List
102.8%
New Listings
61
Price/SqFt
$172
Pending Sales
43
Conforming Loan Available
Most homebuyers in 14220 can comfortably use conventional financing. The median home price of $239,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Market Insights
Market Temperature
Homes in 14220 are moving quickly at 17 days on market, indicating healthy buyer demand. Well-priced homes are likely seeing multiple offers.
Sale-to-List Ratio
Homes in 14220 are selling 2.8% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 14220 can comfortably use conventional financing. The median home price of $239,900 is well below the 2026 conforming loan limit of $832,750, meaning buyers can put as little as 3-5% down without hitting jumbo loan territory.
Loan limits in 14220 are set at the county level.
2026 Loan Limits — Erie County
| Property Units | Conforming Limit | FHA Limit |
|---|---|---|
| 1 Unit | $832,750 | $541,287 |
| 2 Units | $1,066,250 | $693,050 |
| 3 Units | $1,288,800 | $837,700 |
| 4 Units | $1,601,750 | $1,041,125 |
Affordability Snapshot — Zip 14220
To purchase the median home at $239,900 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,988.
Monthly Payment
$1,988
Income Required
$85,202
Principal & Interest
$1,478/mo
Down Payment (5%)
$11,995
Based on 30-year fixed at 6.75%, 1.8% property tax, $1,800/yr insurance, 28% DTI guideline.
Mortgage Calculator
Estimate your monthly payment for a home in 14220.
Estimated Monthly Payment
$1,635
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