14221 — Erie County, New York Market Snapshot
Housing market data for zip code 14221 in Erie County, New York. Updated monthly with median prices, days on market, and more.
Market Sales Data
70 sales in 2026 (year to date)
Median Sale Price
$438,500
Days to Sell
9
Homes Sold
70
Inventory
39
Sale-to-List
105.5%
New Listings
174
Price/SqFt
$224
Pending Sales
150
Conforming Loan Available
Most homebuyers in 14221 can comfortably use conventional financing. The median home price of $438,500 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
14221 is an extremely competitive market with homes selling in just 9 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes in 14221 are selling 5.5% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 14221 can comfortably use conventional financing. The median home price of $438,500 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 14221 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 14221
To purchase the median home at $438,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $3,510.
Monthly Payment
$3,510
Income Required
$150,414
Principal & Interest
$2,702/mo
Down Payment (5%)
$21,925
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 14221.
Estimated Monthly Payment
$2,864
Connect with a LoanGraphs Loan Officer
Get expert guidance for zip code 14221. Tell us what you're looking for.