14218 — Erie County, New York Market Snapshot
Housing market data for zip code 14218 in Erie County, New York. Updated monthly with median prices, days on market, and more.
Market Sales Data
28 sales in 2026 (year to date)
Median Sale Price
$197,500
Days to Sell
11
Homes Sold
28
Inventory
18
Sale-to-List
106.3%
New Listings
46
Price/SqFt
$143
Pending Sales
42
Conforming Loan Available
Most homebuyers in 14218 can comfortably use conventional financing. The median home price of $197,500 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
14218 is an extremely competitive market with homes selling in just 11 days on average. Buyers need pre-approval letters ready before making offers.
Sale-to-List Ratio
Homes in 14218 are selling 6.3% above asking price on average, signaling strong competition. Buyers should budget above list price.
Conforming Loan Feasibility
Most homebuyers in 14218 can comfortably use conventional financing. The median home price of $197,500 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 14218 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 14218
To purchase the median home at $197,500 with 5% down at today's rate of 6.75%, the estimated monthly payment is approximately $1,663.
Monthly Payment
$1,663
Income Required
$71,279
Principal & Interest
$1,217/mo
Down Payment (5%)
$9,875
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 14218.
Estimated Monthly Payment
$1,372
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