Niagara FallsHousing market

Niagara Falls

Niagara Falls Housing Market Report

Strong Buyer's Market

All types - for the month of March

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.

41

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*

588 active

New

296(+8.03% YoY)

Relisted

9(-10.00% YoY)

Compared to number of active, same period, in 2024: 491, in 2023: 277, in 2022: 56

Total Sold Listings*

82 sold

Median Sold Price

$575,000

Avg Days on Market

41 days

Median Bidding

-$17,900

Compared to number of sold, same period, in 2024: 100, in 2023: 113, in 2022: 182

*Data is for the month of March

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

trreb/IMG-X12103113_1.jpg

2 hours on market

6118 Kelsey Cres #53, Niagara Falls

Condo2+131200-1399 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

trreb/IMG-X12103063_1.jpg

2 hours on market

9135 White Oak Ave, Niagara Falls

Detached3+252000-2500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

trreb/IMG-X12103035_1.jpg

3 hours on market

7776 Tupelo Cres, Niagara Falls

Detached443000-3500 sq ft

Listed by CIRRIUS REALTY INC.

trreb/IMG-X12102919_1.jpg

4 hours on market

6359 Ker St, Niagara Falls

Detached3+12700-1100 sq ft

Listed by Toronto Real Estate Realty Plus Inc

trreb/IMG-X12102609_1.jpg

7 hours on market

8042 Oakridge Dr, Niagara Falls

Detached4+133000-3500 sq ft

Listed by REVEL Realty Inc., Brokerage

trreb/IMG-X12102597_1.jpg

7 hours on market

7149 Parsa St, Niagara Falls

Townhouse331500-2000 sq ft

Listed by CENTURY 21 SKYLARK REAL ESTATE LTD.

trreb/IMG-X12102312_1.jpg

8 hours on market

4552 Portage Rd #13, Niagara Falls

Townhouse431500-2000 sq ft

Listed by ROYAL LEPAGE BURLOAK REAL ESTATE SERVICES

trreb/IMG-X12102023_3.jpg

9 hours on market

6701 Thorold Stone Rd #8, Niagara Falls

Condo221000-1199 sq ft

Listed by ROYAL LEPAGE SIGNATURE REALTY

trreb/IMG-X12101956_1.jpg

Re-listed 9 hours ago

$•••,•••

4983 University Ave, Niagara Falls

Detached32700-1100 sq ft

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.

Home with brick exterior material, street for 8816 Roosevelt St, Niagara Falls Ontario L2G 7A2

9 hours on market

8816 Roosevelt St, Niagara Falls

Detached321100-1500 sq ft

Listed by HOMELIFE NEW WORLD REALTY INC.

Just sold - Niagara Falls

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 2757 Wedgewood Cres, Niagara Falls Ontario L2J 2B6

Sold for $535,000

$15K below asking

2757 Wedgewood Cres, Niagara Falls

Semi-Detached321100-1500 sq ft

Listed by EXP REALTY

Home with brick exterior material, building for 8317 Mulberry Dr #35, Niagara Falls Ontario L2H 3S9

Sold 2 days ago

Sold for $605,000

$16K below asking

8317 Mulberry Dr #35, Niagara Falls

Townhouse332000-2500 sq ft

Listed by RE/MAX ESCARPMENT GOLFI REALTY INC.

Unknown for 7758 Cortina Cres, Niagara Falls Ontario L2H 3B5

Sold 2 days ago

Sold for $635,000

$34K below asking

7758 Cortina Cres, Niagara Falls

Detached2+12700-1100 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 7470 Monastery Dr #17, Niagara Falls Ontario L2H 3B3

Sold 2 days ago

Sold for $450,000

$40K below asking

7470 Monastery Dr #17, Niagara Falls

Condo221000-1199 sq ft

Listed by ENGEL & VOLKERS NIAGARA

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 6398 Crawford St, Niagara Falls Ontario L2E 5Z1

Sold 2 days ago

Sold for $475,000

$24K below asking

6398 Crawford St, Niagara Falls

Detached321100-1500 sq ft

Listed by EXP REALTY

Unknown for 9248 Hendershot Blvd, Niagara Falls Ontario L2H 0E3

Sold 2 days ago

Sold for $860,000

$39K below asking

9248 Hendershot Blvd, Niagara Falls

Detached3+131500-2000 sq ft

Listed by HOMELIFE MAPLE LEAF REALTY LTD.

Unknown for 6383 Burdette Dr, Niagara Falls Ontario L2E 5H1

Sold 4 days ago

Sold for $490,000

$10K below asking

6383 Burdette Dr, Niagara Falls

Detached31700-1100 sq ft

Listed by Century 21 Heritage House LTD

Home with brick exterior material, street for 8199 Michael St, Niagara Falls Ontario L2H 2B6

Sold 4 days ago

Sold for $589,000

$10K below asking

8199 Michael St, Niagara Falls

Detached3+12700-1100 sq ft

Listed by Century 21 Heritage House LTD

Unknown for 8639 Pawpaw Lane, Niagara Falls Ontario L2H 3S5

Sold 4 days ago

Sold for $775,000

$24K below asking

8639 Pawpaw Lane, Niagara Falls

Detached432000-2500 sq ft

Listed by ROYAL LEPAGE FLOWER CITY REALTY

Home with vinyl exterior material, street for 6304 Ker St, Niagara Falls Ontario L2G 1X8

Sold 4 days ago

Sold for $685,000

$54K below asking

6304 Ker St, Niagara Falls

Detached73700-1100 sq ft

Listed by REVEL Realty Inc., Brokerage

Population and Demographics

Overview

Total population 93865

Average household income $102,364

Age (%)

65 and plus

22%

50 to 64

22%

0 to 19

20%

35 to 49

18%

20 to 34

18%

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