08/06/2025
What trends will shape the real estate market in Kenmore over the next six months?
The Kenmore, NY real estate market has been moving fast — and the big question on everyone’s mind is: what’s coming next?
I’ve been diving into the latest numbers and trends to get a clearer picture. Here’s what I’m seeing, and what might shape the local market through the rest of 2025.
📊 Where Things Stand Right Now
As of July 2025:
The median sale price in Kenmore is around $275,500, up 15.3% from last year.
Most homes are selling fast — usually within 10 days, and many are going for well above asking (sale-to-list ratio is sitting around 114%).
Inventory has crept up a bit (65 active listings, +4.8% from last month), but supply is still tight.
In one month alone, pending/sold homes jumped 54.5%, showing buyers are still very active.
So, What’s Likely to Happen Next?
Based on current trends and where the market is heading, here are five things I think will shape the next six months in Kenmore:
Prices will keep rising — but at a slower pace
After a big run-up, we’ll probably see more modest price increases (think 5–8%). That’s still strong, especially compared to national trends.
Desirable homes will sell fast and above list
Especially in hot pockets like Kenmore Northwest (where the median price is now ~$298K, up 18.8%). If a home’s in good shape and priced right, expect multiple offers.
Some neighborhoods will outperform others
While some areas are surging, others — like parts of Kenmore Northeast — have seen a slight price dip (down 4.5%). Local knowledge matters more than ever.
Zoning and development could shift the landscape
There’s talk of allowing more multi-family housing in certain areas, which could create new opportunities and challenges depending on how it plays out.
Quality-of-life factors like walkability, parks, schools, and proximity to Buffalo will continue to drive demand. And that’s not changing anytime soon.
What This Means If You’re Thinking About Buying or Selling
Whether you’re a homeowner, investor, or first-time buyer, here’s the bottom line:
Sellers: The market is still in your favor. If your home shows well and is priced right, it’ll likely sell fast — and for more than you think.
Buyers: Be ready to move quickly. Homes are still going fast, and competition is real. Having a clear plan and a strong agent makes a big difference.
Investors: Keep an eye on submarkets with slower growth or upcoming zoning changes — there may be untapped value.
👋 What Do You Think?
I’d love to hear from others watching this market:
🔹 Are you seeing similar trends in nearby areas like Tonawanda or Amherst?
🔹 What are you expecting in Q4 and into early 2026?
Let’s connect and compare notes — I’m always up for a good housing market chat.
Equal Housing Opportunity
