14223 — Erie County, New York Market Snapshot

Housing market data for zip code 14223 in Erie County, New York. Updated monthly with median prices, days on market, and more.

Data as of May 2026

Market Sales Data

47 sales in 2026 (year to date)

Source: Redfin

Median Sale Price

$255,000

2.0% YoYClosed sales

Days to Sell

13

Median, listing to close

Homes Sold

47

Closed in 2026

Inventory

11

Sale-to-List

105.5%

New Listings

91

Price/SqFt

$208

Pending Sales

83

Conforming Loan Available

Most homebuyers in 14223 can comfortably use conventional financing. The median home price of $255,000 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

14223 is an extremely competitive market with homes selling in just 13 days on average. Buyers need pre-approval letters ready before making offers.

Sale-to-List Ratio

Homes in 14223 are selling 5.5% above asking price on average, signaling strong competition. Buyers should budget above list price.

Conforming Loan Feasibility

Most homebuyers in 14223 can comfortably use conventional financing. The median home price of $255,000 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 14223 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 14223

To purchase the median home at $255,000 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $2,104.

Monthly Payment

$2,104

Income Required

$90,160

Principal & Interest

$1,571/mo

Down Payment (5%)

$12,750

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 14223.

%
%

Estimated Monthly Payment

$1,728

Principal & Interest$1,323
Property Tax$255
Insurance$150
Loan Amount$204,000
Total Interest$272,330
Income Required$74,063/yr

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