Niagara FallsHousing market

Niagara Falls

Niagara Falls Housing Market Report

Strong Buyer's Market

All types - for the month of September

Buyer's market Seller's market

10

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.

38

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*

740 active

New

346(+4.85% YoY)

Relisted

14(0% YoY)

Compared to number of active, same period, in 2024: 477, in 2023: 597, in 2022: 144

Total Sold Listings*

74 sold

Median Sold Price

$580,000

Avg Days on Market

38 days

Median Bidding

-$18,450

Compared to number of sold, same period, in 2024: 103, in 2023: 84, in 2022: 85

*Data is for the month of September

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 brick exterior material, street for 6432 CAROLYN Ave, Niagara Falls Ontario L2E 5H5

47 mins on Market

6432 CAROLYN Ave, Niagara Falls

Detached21700-1100 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 6401 Shapton Cres, Niagara Falls Ontario L2H 0L8

1 day on Market

6401 Shapton Cres, Niagara Falls

Townhouse331100-1500 sq ft

Listed by RE/MAX EXCEL REALTY LTD.

Home with brick exterior material, street for 4274 Sixth Ave, Niagara Falls Ontario L2E 4S8

1 day on Market

4274 Sixth Ave, Niagara Falls

Detached331500-2000 sq ft

Listed by NEW ERA REAL ESTATE

Home with brick exterior material, street for 8142 Marcon St, Niagara Falls Ontario L2H 3A9

Re-listed 1 day ago

$•••,•••

8142 Marcon St, Niagara Falls

Detached3+121100-1500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Unknown for 4160 Dorchester Rd, Niagara Falls Ontario L2E 6N2

Re-listed 1 day ago

$•••,•••

4160 Dorchester Rd, Niagara Falls

Townhouse321500-2000 sq ft

Listed by EXP REALTY

Unknown for 6556 Leawood Crt, Niagara Falls Ontario L2G 7C4

1 day on Market

6556 Leawood Crt, Niagara Falls

Detached3+12700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, water/lake/river/ocean view for 6197 Kirkland Dr, Niagara Falls Ontario L2H 2A7

1 day on Market

6197 Kirkland Dr, Niagara Falls

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 7713 Black Maple Dr, Niagara Falls Ontario L2H 0N7

Re-listed 1 day ago

$•••,•••

7713 Black Maple Dr, Niagara Falls

Detached442500-3000 sq ft

Listed by INDEX REALTY BROKERAGE INC.

Home with brick exterior material, street for 7577 Marpin Crt, Niagara Falls Ontario L2H 0P3

2 days on Market

7577 Marpin Crt, Niagara Falls

Detached4+252500-3000 sq ft

Listed by PROPERTY.CA INC.

Home with brick exterior material, street for 7822 Juneberry Dr, Niagara Falls Ontario L2H 0N1

Re-listed 2 days ago

$•••,•••

7822 Juneberry Dr, Niagara Falls

Detached442000-2500 sq ft

Listed by CENTURY 21 PEOPLE`S CHOICE REALTY INC.

Just sold - Niagara Falls

Home with brick exterior material, street for 7346 Sunhaven Dr, Niagara Falls Ontario L2G 7E2

Sold for $515,000

7346 Sunhaven Dr, Niagara Falls

Detached32700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Unknown for 3955 Portage Rd #206, Niagara Falls Ontario L2J 3W2

Sold for $270,000

$5K below asking

3955 Portage Rd #206, Niagara Falls

Condo22900-999 sq ft

Listed by REVEL Realty Inc., Brokerage

Unknown for 8599 Furlong Ave, Niagara Falls Ontario L2G 6W9

Sold for $670,000

$15K below asking

8599 Furlong Ave, Niagara Falls

Detached4+121500-2000 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 8886 Black Forest Cres, Niagara Falls Ontario L2H 0M8

Sold 2 days ago

Sold for $1,050,000

$50K below asking

8886 Black Forest Cres, Niagara Falls

Detached332500-3000 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 8535 Forestview Blvd, Niagara Falls Ontario L2H 0B2

Sold 2 days ago

Sold for $935,000

$140K below asking

8535 Forestview Blvd, Niagara Falls

Detached352500-3000 sq ft

Listed by ELEVEN ELEVEN REAL ESTATE SERVICES INC. NIAGARA

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 7014 Margaret St, Niagara Falls Ontario L2G 2W2

Sold 3 days ago

Sold for $565,000

$15K below asking

7014 Margaret St, Niagara Falls

Detached32700-1100 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 6237 Delta Dr, Niagara Falls Ontario L2H 2H5

Sold 3 days ago

Sold for $675,000

$10K below asking

6237 Delta Dr, Niagara Falls

Detached3+121100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 4552 Portage Rd #53, Niagara Falls Ontario L2E 6A8

Sold 3 days ago

Sold for $570,000

$5K below asking

4552 Portage Rd #53, Niagara Falls

Condo431600-1799 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for 4974 WINDGATE Dr, Niagara Falls Ontario L2H 2Z7

Sold 3 days ago

Sold for $520,175

$45K below asking

4974 WINDGATE Dr, Niagara Falls

Semi-Detached3+12700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 8336 Lamont Ave, Niagara Falls Ontario L2G 6V8

Sold 3 days ago

Sold for $480,000

$20K below asking

8336 Lamont Ave, Niagara Falls

Semi-Detached33700-1100 sq ft

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

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