How much is a home worth in ZIP code 14216?

The typical home in 14216 is worth $331,867, based on the Zillow Home Value Index.

Are home values rising in 14216?

Home values in 14216 are up 3.8% over the past year, and up 6.0% a year over five years.

What is the typical rent in 14216?

A typical home in 14216 rents for about $1,516 a month, a gross rental yield of 5.5%.

What is the property tax rate in 14216?

The effective property tax rate in 14216 is 1.1% — roughly $3,764 a year on a typical home.

ZIP code 14216 has a population of 22,849 and a median household income of $69,629.

HousingHandbookReference data

…

U.S. ZIP Code · NY14216

Erie County · Buffalo-Cheektowaga, NY

Typical home value

$331,867^[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year: +3.8%
5-year / yr: +6.0%
10-year / yr: +7.1%

Relative price

vs U.S.: +16.8%
vs metro: +22.2%
vs state: +4.2%

Price history

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

The typical home in 14216 is worth $331,867 — 22.2% above the Buffalo-Cheektowaga, NY median. Over the past year, values have risen 3.8%. Homes here rent for a typical $1,516 a month — a 5.5% gross rental yield. The effective property tax rate is 1.1%.

#Rent & investment

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

Monthly rent: $1,516^[2]
Gross yield: 5.5%^[2]
Cap rate: 3.3%^[2]

#Property tax

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

Effective tax rate: 1.1%^[3]
Typical annual tax: $3,764^[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: 22,849^[3]
Median household income: $69,629^[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: 5
Elementary: 3
Middle: 0
High: 1

TAPESTRY CHARTER SCHOOL
Other · Grades K–12 · TAPESTRY CHARTER SCHOOL
1,126 students
PS 81
Elementary · Grades PK–8 · BUFFALO CITY SCHOOL DISTRICT
756 students
PS 64 FREDERICK LAW OLMSTED
Elementary · Grades PK–4 · BUFFALO CITY SCHOOL DISTRICT
572 students
NORTH PARK COMMUNITY SCHOOL #50
Elementary · Grades PK–5 · BUFFALO CITY SCHOOL DISTRICT
356 students
ACADEMY SCHOOL
High · Grades 9–12 · BUFFALO CITY SCHOOL DISTRICT
78 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 yield5.5%

Net yield (after ~40% expenses)3.3%

Annual rent$18,188

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$1,678

Loan principal$265,493

Down payment$66,373

Total interest paid$338,622

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 ratio1.50

Monthly cost to own$2,267

Monthly rent$1,516

Renting 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: 35th percentile^[1]
Rental yield: 33rd percentile^[2]
Property tax: 17th percentile^[3]

Frequently asked

How much is a home worth in ZIP code 14216?: The typical home in 14216 is worth $331,867, based on the Zillow Home Value Index.
Are home values rising in 14216?: Home values in 14216 are up 3.8% over the past year, and up 6.0% a year over five years.
What is the typical rent in 14216?: A typical home in 14216 rents for about $1,516 a month, a gross rental yield of 5.5%.
What is the property tax rate in 14216?: The effective property tax rate in 14216 is 1.1% — roughly $3,764 a year on a typical home.
Who lives in 14216?: ZIP code 14216 has a population of 22,849 and a median household income of $69,629.

#Comparable ZIPs

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

14075 vs 14216 →
North Boston CDP, NY
Typical home
$331,868
Gross yield
4.7%
14174 vs 14216 →
Youngstown, NY
Typical home
$332,632
Gross yield
—
14209
Buffalo, NY
Typical home
$332,653
Gross yield
5.3%
14004
Town Line CDP, NY
Typical home
$323,630
Gross yield
—
14080
Holland CDP, NY
Typical home
$323,148
Gross yield
—
14057
Eden CDP, NY
Typical home
$321,902
Gross yield
—

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#Jump to section

U.S. ZIP Code · NY14216

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