Niagara-on-the-Lake

Old TownHousing market

Old Town

Old Town Housing Market Report

Strong Buyer's Market

All types - for the month of March

Buyer's market Seller's market

28

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.

17

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*

84 active

New

40(+29.03% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 75, in 2023: 48, in 2022: 7

Total Sold Listings*

3 sold

Median Sold Price

$1,015,000

Avg Days on Market

17 days

Median Bidding

-$50,000

Compared to number of sold, same period, in 2024: 14, in 2023: 13, in 2022: 12

*Data is for the month of March

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

Sold vs Active vs New vs Relisted - Old Town - All types

Sold Price Distribution - Old Town - All types

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

Property Type Distribution - Old Town - All types

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

Median Price - Old Town - All types

Just listed - Old Town

trreb/IMG-X12105103_1.jpg

12 hours on market

57 RICARDO St, Niagara-on-the-Lake

Detached311100-1500 sq ft

Listed by NIAGARA-ON-THE-LAKE REALTY (1994) 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 215 Ricardo St #314, Niagara-on-the-Lake Ontario L0S 1J0

2 days on market

215 Ricardo St #314, Niagara-on-the-Lake

Condo332000-2249 sq ft

Listed by RE/MAX HALLMARK FIRST GROUP REALTY LTD.

Floor plan for 672-684 Rye St St, Niagara-on-the-Lake Ontario L0S 1J0

2 days on market

672-684 Rye St St, Niagara-on-the-Lake

Detached--- sq ft

Listed by RE/MAX Niagara Realty Ltd.

Home with brick exterior material, street for 31 Balmoral Dr, Niagara-on-the-Lake Ontario L0S 1J0

Re-listed 2 days ago

$•••,•••

31 Balmoral Dr, Niagara-on-the-Lake

Semi-Detached331500-2000 sq ft

Listed by KELLER WILLIAMS REAL ESTATE ASSOCIATES

Unknown for 7 Wyckliffe Ave, Niagara-on-the-Lake Ontario L0S 1J0

3 days on market

7 Wyckliffe Ave, Niagara-on-the-Lake

Detached22700-1100 sq ft

Listed by NIAGARA-ON-THE-LAKE REALTY (1994) LTD, BROKERAGE

Home with vinyl exterior material, street for 364 William St, Niagara-on-the-Lake Ontario L0S 1J0

Re-listed 3 days ago

$•••,•••

364 William St, Niagara-on-the-Lake

Detached21700-1100 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 269 KING St, Niagara-on-the-Lake Ontario L0S 1J0

7 days on market

269 KING St, Niagara-on-the-Lake

Detached462000-2500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Unknown for 14 Shakespeare Ave, Niagara-on-the-Lake Ontario L0S 1J0

9 days on market

14 Shakespeare Ave, Niagara-on-the-Lake

Detached21700-1100 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 53 ABERDEEN Lane, Niagara-on-the-Lake Ontario L0S 1J0

Re-listed 10 days ago

$•••,•••

53 ABERDEEN Lane, Niagara-on-the-Lake

Condo2+141600-1799 sq ft

Listed by REALTY 7 LTD.

Unknown for 187 Queen St, Niagara-on-the-Lake Ontario L0S 1J0

11 days on market

187 Queen St, Niagara-on-the-Lake

Detached443500-5000 sq ft

Listed by REVEL Realty Inc., Brokerage

Just sold - Old Town

Unknown for 558 Lansdowne Ave, Niagara-on-the-Lake Ontario L0S 1J0

Sold 6 days ago

Sold for $2,800,000

$150K below asking

558 Lansdowne Ave, Niagara-on-the-Lake

Detached443000-3500 sq ft

Listed by SOTHEBY`S INTERNATIONAL REALTY CANADA

trreb/IMG-X12075487_1.jpg

Sold 9 days ago

Sold for $1,250,000

$48K below asking

174 Prideaux St, Niagara-on-the-Lake

Detached221100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY COMPASS ESTATES

Frontside or backside of a home, the fenced backyard for 45 Ricardo St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 10 days ago

Sold for $1,100,000

$69K below asking

45 Ricardo St, Niagara-on-the-Lake

Semi-Detached321500-2000 sq ft

Listed by BOSLEY REAL ESTATE LTD., BROKERAGE

Home with brick exterior material, street for 387 Mississauga St St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 15 days ago

Sold for $1,149,900

387 Mississauga St St, Niagara-on-the-Lake

Townhouse331500-2000 sq ft

Listed by KINGSWAY REAL ESTATE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 698 Rye St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 19 days ago

Sold for $1,460,000

$15K below asking

698 Rye St, Niagara-on-the-Lake

Detached332000-2500 sq ft

Listed by RIGHT AT HOME REALTY

Home with brick exterior material, street for 1898 Lakeshore Rd, Niagara-on-the-Lake Ontario L0S 1J0

Sold 41 days ago

Sold for $755,000

$34K below asking

1898 Lakeshore Rd, Niagara-on-the-Lake

Detached22- sq ft

Listed by NIAGARA-ON-THE-LAKE REALTY (1994) LTD, BROKERAGE

Unknown for 121 Flynn St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 43 days ago

Sold for $1,550,000

$50K below asking

121 Flynn St, Niagara-on-the-Lake

Detached1+131100-1500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 481 VICTORIA St #TH 4, Niagara-on-the-Lake Ontario L0S 1J0

Sold 56 days ago

Sold for $1,015,000

$70K below asking

481 VICTORIA St #TH 4, Niagara-on-the-Lake

Condo232000-2249 sq ft

Listed by BOSLEY REAL ESTATE LTD., BROKERAGE

Home with vinyl exterior material, street for 608 Simcoe St #23, Niagara-on-the-Lake Ontario L0S 1J0

Sold 57 days ago

Sold for $672,900

$26K below asking

608 Simcoe St #23, Niagara-on-the-Lake

Condo221400-1599 sq ft

Listed by RIGHT AT HOME REALTY

Home with vinyl exterior material, street for 144 Regent St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 59 days ago

Sold for $1,725,000

$70K below asking

144 Regent St, Niagara-on-the-Lake

Detached34- sq ft

Listed by ENGEL & VOLKERS OAKVILLE

Population and Demographics

Overview

Total population 5614

Average household income $157,424

Age (%)

65 and plus

50%

50 to 64

24%

0 to 19

9%

35 to 49

9%

20 to 34

8%

Household composition (%)

Single family

71%

Single person

27%

Multi person

2%

Multi family

0%

Mother tongue (%)

English

87%

Others

4%

German

4%

French

2%

Italian

2%

Polish

1%

House tenancy (%)

Owners

85%

Renters

15%

Transportation

Car Friendly

4/5

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

Pedestrian Friendly

2/5

Few day-to-day needs are within walking distance

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

1/5

Some shops within walking distance

Restaurants

2/5

Some restaurants within walking distance