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ELMA, NY 14059

Real Estate Market Report  ·  Erie County
Seller's Market
February 2026  ·  Source: Realtor.com

Market Analysis

Data as of February 2026. Source: Realtor.com.

The ELMA, NY real estate market (14059) currently shows 13 active listings, with 9 pending sales. Homes are averaging 74 days on the market before going under contract.

Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 74 days on market compared to 166 days last year.

The median listing price has fallen 24.8% year-over-year, from $605,250 to $454,950.

Whether you are buying or selling in ELMA, NY, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 9,629  ·  Density: 138.0/mi²  ·  Median household income: $87,686

Typical home value: $314,126  ·  Homeownership: 82.0%

Market Overview

Active Listings
13
⇩ 53.6% vs 28 last year
Pending
9
69% pending ratio
Median Price
$454,950
⇩ 24.8% vs $605,250 last year
Average Price
$594,503
⇩ 6.2% vs $633,880 last year
Days on Market
74
⇩ 55.4% vs 166 days last year

Price Per Square Foot

Median $/sqft
$213
⇧ 7.6% vs $198/sqft last year
Median Home Size
1,990 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 13 this year vs 28 last year
  • Days on market: 74 now vs 166 last year

Median & Average Pricing

Year over Year
  • Median: $454,950 (-24.8% YoY)
  • Average: $594,503 (-6.2% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 11.7 miles — 554 listings ($197,360,717 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
14059Elma, NY 140590.0 mi19$13,169,185$549,900$693,115
14052East Aurora, NY 140525.1 mi23$17,093,600$525,000$743,200
14224Buffalo, NY 142245.6 mi80$25,718,080$319,000$321,476
14227Buffalo, NY 142276.6 mi40$10,784,920$269,900$269,623
14004Alden, NY 140047.7 mi18$7,029,000$425,000$390,500
14225Buffalo, NY 142258.9 mi85$20,069,690$204,500$236,114
14206Buffalo, NY 142069.4 mi48$7,018,272$149,999$146,214
14139South Wales, NY 141399.5 mi5$1,848,000$250,000$369,600
14218Buffalo, NY 142189.7 mi26$5,547,542$179,500$213,367
14219Buffalo, NY 1421910.1 mi19$4,039,723$202,900$212,617
14211Buffalo, NY 1421110.6 mi44$5,886,320$129,000$133,780
14221Buffalo, NY 1422111.0 mi128$73,426,688$492,000$573,646
14203Buffalo, NY 1420311.7 mi19$5,729,697$309,950$301,563

Frequently Asked Questions

How many homes are for sale in ELMA, NY 14059?

As of February 2026, there are 13 active listings in ELMA, NY (zip code 14059), compared to 28 the prior year.

What is the median home price in ELMA, NY 14059?

The median listing price in ELMA, NY 14059 is $454,950 as of February 2026, a 24.8% decrease from $605,250 the prior year.

How long do homes stay on the market in ELMA, NY?

Homes in ELMA, NY 14059 spend an average of 74 days on the market before going under contract, compared to 166 days the prior year.

Is it a seller's or buyer's market in ELMA, NY 14059?

Based on current inventory and days-on-market data as of February 2026, ELMA, NY 14059 is currently a Seller's Market. Inventory has tightened compared to last year, with 15 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 74 days on market compared to 166 days last year.

How much can I save on real estate commission in ELMA, NY?

With SELL123.com's maximum 3% commission, sellers in ELMA, NY 14059 save an estimated $9,099 compared to a typical 5% commission on the median listing price of $454,950. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.