How much is a home worth in ZIP code 14207?

The typical home in 14207 is worth $157,873, based on the Zillow Home Value Index.

Are home values rising in 14207?

Home values in 14207 are down 0.1% over the past year, and up 4.8% a year over five years.

What is the typical rent in 14207?

A typical home in 14207 rents for about $1,265 a month, a gross rental yield of 9.6%.

What is the property tax rate in 14207?

The effective property tax rate in 14207 is 1.0% — roughly $1,579 a year on a typical home.

ZIP code 14207 has a population of 26,327 and a median household income of $39,753.

HousingHandbookReference data

…

U.S. ZIP Code · NY14207

Erie County · Buffalo-Cheektowaga, NY

Typical home value

$157,873^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: -0.1%
5-year / yr: +4.8%
10-year / yr: +10.5%

Relative price

vs U.S.: -44.4%
vs metro: -41.9%
vs state: -50.4%

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 14207 is worth $157,873 — 41.9% below the Buffalo-Cheektowaga, NY median. Over the past year, values have fallen 0.1%. Homes here rent for a typical $1,265 a month — a 9.6% gross rental yield. The effective property tax rate is 1.0%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent: $1,265^[2]
Gross yield: 9.6%^[2]
Cap rate: 5.8%^[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate: 1.0%^[3]
Typical annual tax: $1,579^[3]

#Climate risk

FEMA National Risk Index ratings for Erie County. "Not Applicable" means the hazard does not threaten the county.

Overall risk: Relatively High^[4]
Riverine flood: Relatively High
Coastal flood: Relatively Low
Wildfire: Very Low
Drought: Relatively Low
Heat wave: Relatively Moderate
Hurricane: Relatively Low
Tornado: Relatively High
Earthquake: Relatively Low
Winter weather: Very High

#Who lives here

Population: 26,327^[3]
Median household income: $39,753^[3]

#Migration

Household moves in and out of Erie County over a year, from IRS tax-return data.

Net migration: -2,722^[5]
Moved in: 11,871
Moved out: 14,593

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools: 7
Elementary: 4
Middle: 0
High: 2

CHARTER SCHOOL FOR APPLIED TECHNOLOGIES
Other · Grades K–12 · CHARTER SCHOOL FOR APPLIED TECHNOLOGIES
2,312 students
MCKINLEY VOCATIONAL HIGH SCHOOL
High · Grades 9–12 · BUFFALO CITY SCHOOL DISTRICT
940 students
WEST HERTEL ELEMENTARY SCHOOL
Elementary · Grades PK–8 · BUFFALO CITY SCHOOL DISTRICT
718 students
PFC WILLIAM J GRABIARZ #79
Elementary · Grades PK–8 · BUFFALO CITY SCHOOL DISTRICT
545 students
ELMWOOD VILLAGE CHARTER SCHOOL HERTEL
Elementary · Grades K–8 · ELMWOOD VILLAGE CHARTER SCHOOL HERTEL
431 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Home value$Monthly rent$

Gross yield9.6%

Net yield (after ~40% expenses)5.8%

Annual rent$15,178

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Home price$Down payment%Interest rate%Loan termyears

Monthly payment$798

Loan principal$126,298

Down payment$31,575

Total interest paid$161,086

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Home price$Monthly rent$Down payment%Mortgage rate%Property tax rate% / yrMaintenance% / yrRule of thumb: 1% of home value per year.

Own : rent ratio0.84

Monthly cost to own$1,061

Monthly rent$1,265

Owning is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation: 9th percentile^[1]
Rental yield: 83rd percentile^[2]
Property tax: 8th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 14207?: The typical home in 14207 is worth $157,873, based on the Zillow Home Value Index.
Are home values rising in 14207?: Home values in 14207 are down 0.1% over the past year, and up 4.8% a year over five years.
What is the typical rent in 14207?: A typical home in 14207 rents for about $1,265 a month, a gross rental yield of 9.6%.
What is the property tax rate in 14207?: The effective property tax rate in 14207 is 1.0% — roughly $1,579 a year on a typical home.
Who lives in 14207?: ZIP code 14207 has a population of 26,327 and a median household income of $39,753.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

14212 vs 14207 →
Buffalo, NY
Typical home
$155,087
Gross yield
—
14305 vs 14207 →
Niagara Falls, NY
Typical home
$149,035
Gross yield
—
14215
Buffalo, NY
Typical home
$146,312
Gross yield
9.7%
14206
Buffalo, NY
Typical home
$173,615
Gross yield
7.1%
14208
Buffalo, NY
Typical home
$141,390
Gross yield
11.5%
14210
Buffalo, NY
Typical home
$177,667
Gross yield
8.9%

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Pit ZIP 14207 against any other ZIP — full side-by-side table.

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#Jump to section

U.S. ZIP Code · NY14207

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