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Buffalo, New York, home of the Bills and famous wings, has surprisingly become the hottest housing market in the U.S., according to Zillow. Other cities like Indianapolis, Providence, Hartford, and Philadelphia round out the top five. What’s the common factor? Affordability.
Buffalo’s median home price in June 2024 was just $219,500—far below the national average. This affordability appeals to buyers seeking the American dream in a challenging market where single-family home prices increased 5.8% year-over-year.