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

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 5207 River Rd, Niagara Falls Ontario L2E 3G9

$•••,•••

5207 River Rd, Niagara Falls

Detached552000-2500 sq ft

Listed by ICI SOURCE REAL ASSET SERVICES INC.

Home with brick exterior material, street for 5070 drummond Rd #28, Niagara Falls Ontario L2E 6E4

$•••,•••

5070 drummond Rd #28, Niagara Falls

Condo331200-1399 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 6668 Hawkins St, Niagara Falls Ontario L2G 3B7

10 hours on Market

6668 Hawkins St, Niagara Falls

Semi-Detached331500-2000 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 6672 Hawkins St, Niagara Falls Ontario L2G 3B7

12 hours on Market

6672 Hawkins St, Niagara Falls

Semi-Detached331500-2000 sq ft

Listed by ROYAL LEPAGE NRC REALTY

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5070 Drummond Rd #3, Niagara Falls Ontario L2E 6E4

16 hours on Market

5070 Drummond Rd #3, Niagara Falls

Condo331200-1399 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with vinyl exterior material, street for 8824 Champlain Dr, Niagara Falls Ontario L2G 6Y6

22 hours on Market

8824 Champlain Dr, Niagara Falls

Detached32700-1100 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, water/lake/river/ocean view for 6359 Lyons Creek Rd, Niagara Falls Ontario L2G 0L9

1 day on Market

6359 Lyons Creek Rd, Niagara Falls

Detached311500-2000 sq ft

Listed by THE AGENCY

Indoor garage for 4230 Meadowvale Dr #7, Niagara Falls Ontario L2E 5W7

Re-listed 1 day ago

$•••,•••

4230 Meadowvale Dr #7, Niagara Falls

Condo321200-1399 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with vinyl exterior material, street for 9245 Shoveller Dr #6, Niagara Falls Ontario L2H 0M4

1 day on Market

9245 Shoveller Dr #6, Niagara Falls

Townhouse2+131100-1500 sq ft

Listed by ROYAL LEPAGE TERREQUITY REALTY

Home with brick exterior material, unknown for 7134 Mount Forest Lane, Niagara Falls Ontario L2J 3Z3

1 day on Market

7134 Mount Forest Lane, Niagara Falls

Detached442500-3000 sq ft

Listed by REVEL Realty Inc., Brokerage

Just sold - Niagara Falls

Home with brick exterior material, street for 8123 Beaver Glen Dr, Niagara Falls Ontario L2H 3K5

Sold for $715,000

8123 Beaver Glen Dr, Niagara Falls

Detached3+121100-1500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 8974 Willoughby Dr #49, Niagara Falls Ontario L2J 0Y8

Sold 2 days ago

Sold for $825,000

$25K below asking

8974 Willoughby Dr #49, Niagara Falls

Condo2+131200-1399 sq ft

Listed by STICKS & BRICKS REALTY LTD.

Home with brick exterior material, street for 6149 Cuviello Crt, Niagara Falls Ontario L2G 7X7

Sold 2 days ago

Sold for $1,100,000

$50K below asking

6149 Cuviello Crt, Niagara Falls

Detached4+142000-2500 sq ft

Listed by OLYMPIA REALTY INCORPORATED

Home with brick exterior material, street for 4652 Sixth Ave, Niagara Falls Ontario L2E 4T5

Sold 2 days ago

Sold for $417,500

$8K below asking

4652 Sixth Ave, Niagara Falls

Detached22700-1100 sq ft

Listed by RE/MAX HALLMARK ALLIANCE REALTY

Home with brick exterior material, street for 4552 Portage Rd #108, Niagara Falls Ontario L2E 6A8

Sold 2 days ago

Sold for $615,000

$10K below asking

4552 Portage Rd #108, Niagara Falls

Condo431600-1799 sq ft

Listed by RE/MAX TWIN CITY REALTY INC.

Unknown for 5514 Glenholme Ave, Niagara Falls Ontario L2G 4X9

Sold 2 days ago

Sold for $510,000

$15K below asking

5514 Glenholme Ave, Niagara Falls

Detached32700-1100 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Unknown for 4149 Welland St, Niagara Falls Ontario L2G 6J9

Sold 3 days ago

Sold for $215,000

$65K below asking

4149 Welland St, Niagara Falls

Detached11700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Open concept kitchen, ceramic/tile floor for 5100 DORCHESTER Rd #403, Niagara Falls Ontario L2E 7H4

Sold 3 days ago

Sold for $450,000

$70K below asking

5100 DORCHESTER Rd #403, Niagara Falls

Condo221200-1399 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, building for 7713 Clendenning St, Niagara Falls Ontario L2G 4P9

Sold 4 days ago

Sold for $999,786

$298K below asking

7713 Clendenning St, Niagara Falls

Detached4+342000-2500 sq ft

Listed by RIGHT AT HOME REALTY

Unknown for 5490 Prince Edward Ave #4, Niagara Falls Ontario L2G 0G5

Sold 4 days ago

Sold for $550,000

$30K below asking

5490 Prince Edward Ave #4, Niagara Falls

Condo221200-1399 sq ft

Listed by EXP REALTY

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