Niagara-on-the-Lake

Old TownHousing market

Old Town

Old Town Housing Market Report

Strong Buyer's Market

All types - for the month of May

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.

43

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*

109 active

New

44(+12.82% YoY)

Relisted

-(- YoY)

Compared to number of active, same period, in 2024: 74, in 2023: 59, in 2022: 11

Total Sold Listings*

16 sold

Median Sold Price

$1,246,000

Avg Days on Market

43 days

Median Bidding

-$24,500

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

*Data is for the month of May

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

Home with brick exterior material, street for 15 SHAWS Lane, Niagara-on-the-Lake Ontario L0S 1J0

$•••,•••

15 SHAWS Lane, Niagara-on-the-Lake

Townhouse332500-3000 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Home with brick exterior material, street for 517 1/2 GATE St, Niagara-on-the-Lake Ontario L0S 1J0

517 1/2 GATE St, Niagara-on-the-Lake

Detached1+353000-3500 sq ft

Listed by REVEL Realty Inc., Brokerage

Unknown for 57 Queen St #1, Niagara-on-the-Lake Ontario L0S 1J0

Re-listed 7 hours ago

$•••,•••

57 Queen St #1, Niagara-on-the-Lake

Townhouse11700-1100 sq ft

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

Unknown for 670 King St, Niagara-on-the-Lake Ontario L0S 1J0

17 hours on market

670 King St, Niagara-on-the-Lake

Detached342500-3000 sq ft

Listed by BOSLEY REAL ESTATE LTD., BROKERAGE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 624 Rye St, Niagara-on-the-Lake Ontario L0S 1J0

1 day on market

624 Rye St, Niagara-on-the-Lake

Detached31700-1100 sq ft

Listed by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE

Storage room or clothes room or walk-in closet for 2115 Creek Rd, Niagara-on-the-Lake Ontario L0S 1J0

4 days on market

2115 Creek Rd, Niagara-on-the-Lake

Detached322500-3000 sq ft

Listed by COLDWELL BANKER MOMENTUM REALTY, BROKERAGE

Home with brick exterior material, street for 214 Mary St, Niagara-on-the-Lake Ontario L0S 1J0

5 days on market

214 Mary St, Niagara-on-the-Lake

Detached341100-1500 sq ft

Listed by REVEL REALTY INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 202 Anne St, Niagara-on-the-Lake Ontario L0S 1J0

5 days on market

202 Anne St, Niagara-on-the-Lake

Detached552000-2500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Unknown for 62 Hunter Rd, Niagara-on-the-Lake Ontario L0S 1J0

6 days on market

62 Hunter Rd, Niagara-on-the-Lake

Detached321100-1500 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, street for 451 GAGE St, Niagara-on-the-Lake Ontario L0S 1J0

7 days on market

451 GAGE St, Niagara-on-the-Lake

Detached1+232500-3000 sq ft

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

Just sold - Old Town

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, street for 38 Colonel Butler Cres, Niagara-on-the-Lake Ontario L0S 1J0

Sold 7 days ago

Sold for $1,325,000

$75K below asking

38 Colonel Butler Cres, Niagara-on-the-Lake

Detached442000-2500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Unknown for 571 Charlotte St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 11 days ago

Sold for $1,430,000

$19K below asking

571 Charlotte St, Niagara-on-the-Lake

Detached242000-2500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Unknown for 61 Paffard St #201, Niagara-on-the-Lake Ontario L0S 1J0

Sold 12 days ago

Sold for $757,500

$42K below asking

61 Paffard St #201, Niagara-on-the-Lake

Condo221200-1399 sq ft

Listed by SOTHEBY'S INTERNATIONAL REALTY, BROKERAGE

Home with brick exterior material for 619 KING St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 16 days ago

Sold for $1,540,000

$135K below asking

619 KING St, Niagara-on-the-Lake

Detached3+252000-2500 sq ft

Listed by BOSLEY REAL ESTATE LTD., BROKERAGE

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, unknown for 306 Centre St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 18 days ago

Sold for $1,025,000

$74K below asking

306 Centre St, Niagara-on-the-Lake

Detached321100-1500 sq ft

Listed by RIGHT AT HOME REALTY

Unknown for 261 King St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 21 days ago

Sold for $1,150,000

$130K below asking

261 King St, Niagara-on-the-Lake

Detached421500-2000 sq ft

Listed by STICKS & BRICKS REALTY LTD.

Home with brick exterior material, street for 611 Simcoe St, Niagara-on-the-Lake Ontario L0S 1J0

Sold 21 days ago

Sold for $1,650,000

$200K below asking

611 Simcoe St, Niagara-on-the-Lake

Detached4+243000-3500 sq ft

Listed by RIGHT AT HOME REALTY

Unknown for 19 The Promenade, Niagara-on-the-Lake Ontario L0S 1J0

Sold 25 days ago

Sold for $915,000

$35K below asking

19 The Promenade , Niagara-on-the-Lake

Detached3+131500-2000 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 6 THE PROMENADE, Niagara-on-the-Lake Ontario L0S 1J0

Sold 27 days ago

Sold for $1,242,000

$53K below asking

6 THE PROMENADE , Niagara-on-the-Lake

Detached2+221100-1500 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Patio, street for 61 Paffard St #403, Niagara-on-the-Lake Ontario L0S 1J0

Sold 28 days ago

Sold for $515,000

$50K below asking

61 Paffard St #403, Niagara-on-the-Lake

Condo221000-1199 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

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