Niagara FallsHousing market

Niagara Falls

Niagara Falls Housing Market Report

Strong Buyer's Market

All types - for the month of October

Buyer's market Seller's market

7

Months of inventory (MOI)*

MOI in real estate tells you how long it would take to sell all the current homes on the market at the current sales pace if no new homes were listed. Typically, a MOI of 5+ months indicates a buyer’s market, where homes are selling slowly and there are more homes than available buyers.

45

Days on market (DOM)*

DOM refers to Average Days on Market, which represents how long on average listings remain on the market before selling. DOM excludes listings that are pulled from the market without selling. A low DOM means it sold quickly, while a high DOM could mean it's overpriced or less in demand.

Total Active Listings*

699 active

New

274(-14.64% YoY)

Relisted

17(0% YoY)

Compared to number of active, same period, in 2024: 505, in 2023: 559, in 2022: 148

Total Sold Listings*

106 sold

Median Sold Price

$575,000

Avg Days on Market

45 days

Median Bidding

-$26,250

Compared to number of sold, same period, in 2024: 119, in 2023: 104, in 2022: 73

*Data is for the month of October

Median Sold Price vs Average Days and Average Total Days on Market - Niagara Falls - All types

Sold vs Active vs New vs Relisted - Niagara Falls - All types

Sold Price Distribution - Niagara Falls - All types

Sold price distribution per the last 3 months's sold listings.

Property Type Distribution - Niagara Falls - All types

Property type distribution based on data from the last 3 months.

Median Price - Niagara Falls - All types

Just listed - Niagara Falls

Home with vinyl exterior material, street for 3162 Cattell Dr, Niagara Falls Ontario L2G 6M9

6 hours on Market

3162 Cattell Dr, Niagara Falls

Detached32700-1100 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Unknown for 6390 Huggins St #209, Niagara Falls Ontario L2J 1H1

6 hours on Market

6390 Huggins St #209, Niagara Falls

Condo21900-999 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 3536 Bond St, Niagara Falls Ontario L2G 6H8

7 hours on Market

3536 Bond St, Niagara Falls

Townhouse522000-2500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 3555 Gainsborough Ave, Niagara Falls Ontario L2J 2T9

8 hours on Market

3555 Gainsborough Ave, Niagara Falls

Detached31700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 2896 Portage Rd, Niagara Falls Ontario L2J 2J5

Re-listed 10 hours ago

$•••,•••

2896 Portage Rd, Niagara Falls

Detached321100-1500 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for LOT 40 LUCIA Dr, Niagara Falls Ontario L2J 0G1

Re-listed 11 hours ago

$•••,•••

LOT 40 LUCIA Dr, Niagara Falls

Detached442500-3000 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Patio, unknown for 2218 Portage Rd, Niagara Falls Ontario L2J 0C2

19 hours on Market

2218 Portage Rd, Niagara Falls

Detached4+142500-3000 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 6500 ST. MICHAEL Ave, Niagara Falls Ontario L2H 0C5

Re-listed 20 hours ago

$•••,•••

6500 ST. MICHAEL Ave, Niagara Falls

Detached4+242500-3000 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for Lot 75 TERRAVITA Dr, Niagara Falls Ontario L2J 0E9

Re-listed 1 day ago

$•••,•••

Lot 75 TERRAVITA Dr, Niagara Falls

Detached232000-2500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for Lot 79 TERRAVITA Dr, Niagara Falls Ontario L2J 0E9

Re-listed 1 day ago

$•••,•••

Lot 79 TERRAVITA Dr, Niagara Falls

Detached221100-1500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Just sold - Niagara Falls

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5561 Dorchester Rd, Niagara Falls Ontario L2G 5S2

Sold for $481,000

$19K below asking

5561 Dorchester Rd, Niagara Falls

Detached521500-2000 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 5023 Kitchener St, Niagara Falls Ontario L2G 1A9

Sold 2 days ago

Sold for $410,000

$89K below asking

5023 Kitchener St, Niagara Falls

Townhouse3+131500-2000 sq ft

Listed by RIGHT AT HOME REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 6369 Orchard Ave, Niagara Falls Ontario L2G 4H3

Sold 2 days ago

Sold for $518,500

$31K below asking

6369 Orchard Ave, Niagara Falls

Detached3+221500-2000 sq ft

Listed by COSMOPOLITAN REALTY

Unknown for 8066 Hackberry Tr, Niagara Falls Ontario L2H 2Y6

Sold 2 days ago

Sold for $738,000

$37K below asking

8066 Hackberry Tr, Niagara Falls

Detached531500-2000 sq ft

Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5585 Belmont Ave, Niagara Falls Ontario L2H 1J8

Sold 3 days ago

Sold for $680,000

$19K below asking

5585 Belmont Ave, Niagara Falls

Detached321500-2000 sq ft

Listed by EXP REALTY

Unknown for 7711 Green Vista Gate Ave #408, Niagara Falls Ontario L2H 1R1

Sold 3 days ago

Sold for $270,000

$5K below asking

7711 Green Vista Gate Ave #408, Niagara Falls

Condo1+11500-599 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Home with brick exterior material, street for 9002 Emily Blvd, Niagara Falls Ontario L2H 3T1

Sold 4 days ago

Sold for $1,350,000

$99K below asking

9002 Emily Blvd, Niagara Falls

Detached4+263000-3500 sq ft

Listed by EXP REALTY

Home with brick exterior material, street for 6256 Balmoral Ave, Niagara Falls Ontario L2E 3A6

Sold 4 days ago

Sold for $616,000

$24K below asking

6256 Balmoral Ave, Niagara Falls

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE MEADOWTOWNE REALTY

Home with brick exterior material, street for 6237 Monterey Ave, Niagara Falls Ontario L2H 2A5

Sold 4 days ago

Sold for $565,000

$20K below asking

6237 Monterey Ave, Niagara Falls

Detached3+121100-1500 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for 8595 Angie Dr, Niagara Falls Ontario L2H 0M9

Sold 4 days ago

Sold for $850,000

$49K below asking

8595 Angie Dr, Niagara Falls

Detached531500-2000 sq ft

Listed by HOMELIFE SUPERSTARS REAL ESTATE LIMITED

Population and Demographics

Overview

Total population 93865

Average household income $102,364

Age (%)

0 to 19

20%

20 to 34

18%

35 to 49

18%

50 to 64

22%

65 and plus

22%

Household composition (%)

Single family

65%

Single person

30%

Multi person

5%

Multi family

1%

Mother tongue (%)

English

82%

Others

5%

Italian

4%

French

2%

Spanish

1%

Tagalog (Pilipino, Filipino)

1%

Punjabi (Panjabi)

1%

Mandarin

1%

House tenancy (%)

Owners

71%

Renters

29%

Top 5 Schools in Niagara Falls

St Vincent de Paul Catholic Elementary School3900 Kalar Rd, L2H 0K2, Niagara Falls, ON

10/10

Public•JK-8

John Marshall Public School3910 St James Ave, L2J 2R3, Niagara Falls, ON

10/10

Public•JK-8

Father Hennepin Catholic Elementary School6032 Churchill St, L2G 2X1, Niagara Falls, ON

9.1/10

Public•JK-8

Prince Philip Public School3112 Dorchester Rd N, L2J 2Z7, Niagara Falls, ON

8.9/10

Public•1-8

Kate S Durdan Public School6855 Kalar Rd, L2H 2T3, Niagara Falls, ON

8.8/10

Public•JK-8

Transportation

Car Friendly

5/5

Excellent access to freeways and major arteries, with a vast amount of parking nearby

Pedestrian Friendly

2/5

Other transportation modes are needed to reach day-to-day needs

Transit Friendly

1/5

Few transit options

Shopping, Food and Nightlife

Cafes

2/5

Few or no cafés within walking distance

Groceries

2/5

At least one grocery store within a 30-minute walk

Nightlife

1/5

Few or no bars within walking distance

Shopping

2/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance