ElginHousing market

Elgin

Elgin Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

9

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.

30

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*

81 active

New

38(+2.70% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 79, in 2023: 38, in 2022: 13

Total Sold Listings*

9 sold

Median Sold Price

$420,000

Avg Days on Market

30 days

Median Bidding

-$17,900

Compared to number of sold, same period, in 2024: 15, in 2023: 12, in 2022: 23

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Elgin - All types

Sold Price Distribution - Elgin - All types

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

Property Type Distribution - Elgin - All types

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

Median Price - Elgin - All types

Just listed - Elgin

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 5000 Bridge St, Niagara Falls Ontario L2E 2S5

Re-listed 12 hours ago

$•••,•••

5000 Bridge St, Niagara Falls

Townhouse643000-3500 sq ft

Listed by Keller Williams Signature Realty, Brokerage

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 4749 EPWORTH Circ, Niagara Falls Ontario L2E 1E1

1 day on market

4749 EPWORTH Circ, Niagara Falls

Detached431500-2000 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Unknown for 4730 SIXTH Ave, Niagara Falls Ontario L2E 4T7

1 day on market

4730 SIXTH Ave, Niagara Falls

Detached32700-1100 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Unknown for 5207 River Rd, Niagara Falls Ontario L2E 3G9

1 day on market

5207 River Rd, Niagara Falls

Detached552000-2500 sq ft

Listed by ICI SOURCE REAL ASSET SERVICES INC.

Unknown for 4671 Ferguson St, Niagara Falls Ontario L2E 2Z3

Re-listed 3 days ago

$•••,•••

4671 Ferguson St, Niagara Falls

Detached31700-1100 sq ft

Listed by RE/MAX ESCARPMENT REALTY INC.

Home with brick exterior material, street for 4322 Bampfield St, Niagara Falls Ontario L2E 1G8

Re-listed 6 days ago

4322 Bampfield St, Niagara Falls

Detached3+121100-1500 sq ft

Listed by EASY LIST REALTY LTD.

Unknown for 4300 Simcoe St, Niagara Falls Ontario L2E 1T6

7 days on market

4300 Simcoe St, Niagara Falls

Detached672000-2500 sq ft

Listed by Wisdomax Realty LTD

Unknown for 4128 Victoria Ave, Niagara Falls Ontario L2E 4B4

7 days on market

4128 Victoria Ave, Niagara Falls

Detached31700-1100 sq ft

Listed by QUANTUM TEAM REALTY

Home with brick exterior material, street for 5033 Willmott St, Niagara Falls Ontario L2E 2A2

9 days on market

5033 Willmott St, Niagara Falls

Detached3+121100-1500 sq ft

Listed by EXP REALTY

Home with vinyl exterior material, street for 4233 May Ave, Niagara Falls Ontario L2E 3H9

9 days on market

4233 May Ave, Niagara Falls

Townhouse3+141500-2000 sq ft

Listed by ROYAL LEPAGE STATE REALTY

Just sold - Elgin

Unknown for 4967 Homewood Ave, Niagara Falls Ontario L2E 4Y5

Sold 12 days ago

Sold for $518,000

4967 Homewood Ave, Niagara Falls

Detached321100-1500 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 4576 Morrison St, Niagara Falls Ontario L2E 2B7

Sold 14 days ago

Sold for $429,800

$20K below asking

4576 Morrison St, Niagara Falls

Detached21700-1100 sq ft

Listed by REVEL Realty Inc., Brokerage

Unknown for 4448 ELLIS St, Niagara Falls Ontario L2E 1H4

Sold 15 days ago

Sold for $470,000

$19K below asking

4448 ELLIS St, Niagara Falls

Detached331500-2000 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 5387 College Cres, Niagara Falls Ontario L2E 3Z8

Sold 17 days ago

Sold for $605,000

$59K below asking

5387 College Cres, Niagara Falls

Detached321100-1500 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, street for 4677 Crysler Ave, Niagara Falls Ontario L2E 3V7

Sold 17 days ago

Sold for $280,000

$49K below asking

4677 Crysler Ave, Niagara Falls

Townhouse332000-2500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Unknown for 6519 Harper Dr, Niagara Falls Ontario L2E 7M4

Sold 17 days ago

Sold for $735,000

$15K below asking

6519 Harper Dr, Niagara Falls

Detached3+121500-2000 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 5425 Cedar St, Niagara Falls Ontario L2E 2V4

Sold 17 days ago

Sold for $490,000

$10K below asking

5425 Cedar St, Niagara Falls

Detached3+12700-1100 sq ft

Listed by EXP REALTY

Unknown for 4445 Simcoe St, Niagara Falls Ontario L2E 1T7

Sold 21 days ago

Sold for $332,777

$27K below asking

4445 Simcoe St, Niagara Falls

Detached211100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Unknown for 4672 Armoury St, Niagara Falls Ontario L2E 1S8

Sold 21 days ago

Sold for $390,000

$9K below asking

4672 Armoury St, Niagara Falls

Detached321100-1500 sq ft

Listed by COLDWELL BANKER MOMENTUM REALTY, BROKERAGE

Home with vinyl exterior material, street for 5385 Twidale Ave, Niagara Falls Ontario L2E 4Y6

Sold 22 days ago

Sold for $460,000

$20K below asking

5385 Twidale Ave, Niagara Falls

Detached22920 sq ft

Listed by RE/MAX Rouge River Realty Ltd. Brokerage

Population and Demographics

Overview

Total population 9664

Average household income $80,133

Age (%)

50 to 64

23%

65 and plus

22%

20 to 34

20%

35 to 49

18%

0 to 19

17%

Household composition (%)

Single family

49%

Single person

43%

Multi person

7%

Multi family

0%

Mother tongue (%)

English

86%

Others

6%

Italian

3%

French

2%

Spanish

2%

House tenancy (%)

Owners

54%

Renters

46%

Top 4 Schools in Elgin

St Mary Catholic Elementary School5719 Morrison St, L2E 2E8, Niagara Falls, ON

8.4/10

Public•JK-8

St Patrick Catholic Elementary School4653 Victoria Ave, L2E 4B8, Niagara Falls, ON

8/10

Public•JK-8

Simcoe Street Public School4760 Simcoe St, L2E 1V6, Niagara Falls, ON

7.3/10

Public•JK-8

Valley Way Public School5315 Valley Way, L2E 1X4, Niagara Falls, ON

3.6/10

Public•JK-8

Transportation

Car Friendly

4/5

Good access to freeways and major arteries, with a large amount of parking nearby

Pedestrian Friendly

3/5

Some day-to-day needs are within walking distance

Transit Friendly

2/5

Transit is available for some trips

Shopping, Food and Nightlife

Cafes

3/5

Some cafés within walking distance

Groceries

4/5

At least one grocery store within a 15-minute walk

Nightlife

2/5

Some bars within walking distance

Shopping

3/5

Variety of shops within walking distance

Restaurants

3/5

Variety of restaurants within walking distance