WellandHousing market

Welland

Welland Housing Market Report

Strong Buyer's Market

All types - for the month of June

Buyer's market Seller's market

8

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.

37

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*

529 active

New

247(+29.32% YoY)

Relisted

15(+87.50% YoY)

Compared to number of active, same period, in 2024: 326, in 2023: 189, in 2022: 79

Total Sold Listings*

64 sold

Median Sold Price

$555,000

Avg Days on Market

37 days

Median Bidding

-$14,900

Compared to number of sold, same period, in 2024: 71, in 2023: 95, in 2022: 70

*Data is for the month of June

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

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

Sold Price Distribution - Welland - All types

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

Property Type Distribution - Welland - All types

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

Median Price - Welland - All types

Just listed - Welland

Home with brick exterior material, street for 55 Willson Rd, Welland Ontario L3C 6X5

Re-listed 9 hours ago

$•••,•••

55 Willson Rd, Welland

Detached332000-2500 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, street for 15 WELLBROOK Blvd, Welland Ontario L3C 5T3

10 hours on market

15 WELLBROOK Blvd, Welland

Detached321100-1500 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with brick exterior material, street for 157 ROLLING ACRES Dr, Welland Ontario L3C 6K6

Re-listed 11 hours ago

$•••,•••

157 ROLLING ACRES Dr, Welland

Detached3+331100-1500 sq ft

Listed by SUPERSTARS REALTY LTD.

Home with brick exterior material, street for 37 Empress Ave, Welland Ontario L3B 1K6

11 hours on market

37 Empress Ave, Welland

Detached32700-1100 sq ft

Listed by REVEL Realty Inc., Brokerage

Home with vinyl exterior material, street for 595 First Ave, Welland Ontario L3C 6Z8

11 hours on market

595 First Ave, Welland

Semi-Detached4+231100-1500 sq ft

Listed by COLDWELL BANKER G19 REALTY

Home with brick exterior material, street for 32 Bradley Ave, Welland Ontario L3B 5W2

12 hours on market

32 Bradley Ave, Welland

Detached431500-2000 sq ft

Listed by RE/MAX NOBLECORP REAL ESTATE

Home with brick exterior material, street for 31 1/2 Thorold Rd, Welland Ontario L3C 3T3

Re-listed 12 hours ago

$•••,•••

31 1/2 Thorold Rd, Welland

Townhouse331100-1500 sq ft

Listed by ROYAL LEPAGE SUPREME REALTY

Home with brick exterior material, street for 130 Gadsby Ave, Welland Ontario L3C 1A9

Re-listed 15 hours ago

$•••,•••

130 Gadsby Ave, Welland

Detached32700-1100 sq ft

Listed by BOLDT REALTY INC., BROKERAGE

Home with brick exterior material, street for 102 Bethune Ave, Welland Ontario L3B 0H5

Re-listed 16 hours ago

$•••,•••

102 Bethune Ave, Welland

Detached4+152000-2500 sq ft

Listed by PROPERTY.CA INC.

A pic from outside/outdoor area/front of a property/back of a property/a pic from drone, water/lake/river/ocean view for 354 Doan's Ridge Rd, Welland Ontario L3B 5N7

1 day on market

354 Doan's Ridge Rd, Welland

Detached332000-2500 sq ft

Listed by REVEL Realty Inc., Brokerage

Just sold - Welland

Home with vinyl exterior material, street for 58 Diffin Dr, Welland Ontario L3C 2K1

Sold for $575,000

58 Diffin Dr, Welland

Detached32700-1100 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Home with vinyl exterior material, street for 50 Ross St, Welland Ontario L3B 2M6

Sold for $319,900

50 Ross St, Welland

Detached21700-1100 sq ft

Listed by RE/MAX NIAGARA REALTY LTD, BROKERAGE

Home with brick exterior material, street for 27 Trelawn Pkwy, Welland Ontario L3C 1W4

Sold 2 days ago

Sold for $550,000

$50K above asking

27 Trelawn Pkwy, Welland

Detached361100-1500 sq ft

Listed by KELLER WILLIAMS EDGE REALTY

Home with brick exterior material, street for 136 Classic Ave, Welland Ontario L3B 1P7

Sold 2 days ago

Sold for $478,000

$22K below asking

136 Classic Ave, Welland

Detached311100-1500 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Home with vinyl exterior material, street for 194 Iva St, Welland Ontario L3B 1W6

Sold 2 days ago

Sold for $795,000

$25K below asking

194 Iva St, Welland

Detached4+131500-2000 sq ft

Listed by REVEL Realty Inc., Brokerage

Unknown for 34 Scholfield Ave, Welland Ontario L3B 1N5

Sold 2 days ago

Sold for $384,000

$15K below asking

34 Scholfield Ave, Welland

Detached21700-1100 sq ft

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE INC, BROKERAGE

Unknown for 86 Silverwood Ave, Welland Ontario L3C 0C3

Sold 2 days ago

Sold for $735,000

86 Silverwood Ave, Welland

Detached432000-2500 sq ft

Listed by ROYAL LEPAGE NRC REALTY

Unknown for 34 Scholfield Ave, Welland Ontario L3B 1N5

Sold 2 days ago

Sold for $384,000

$15K below asking

34 Scholfield Ave, Welland

Detached21967 sq ft

Listed by COLDWELL BANKER ADVANTAGE REAL ESTATE

Indoor foyer for 27 Trelawn Pky, Welland Ontario L3C 1W4

Sold 2 days ago

Sold for $550,000

$50K above asking

27 Trelawn Pky, Welland

Detached321450 sq ft

Listed by Keller Williams Edge Realty, Brokerage

Home with vinyl exterior material, street for 40 Memorial Park Dr, Welland Ontario L3B 1A6

Sold 3 days ago

Sold for $635,000

40 Memorial Park Dr, Welland

Detached4+121500-2000 sq ft

Listed by RE/MAX GARDEN CITY REALTY INC, BROKERAGE

Population and Demographics

Overview

Total population 54480

Average household income $98,610

Age (%)

0 to 19

20%

20 to 34

18%

35 to 49

17%

50 to 64

21%

65 and plus

23%

Household composition (%)

Single family

63%

Single person

32%

Multi person

4%

Multi family

0%

Mother tongue (%)

English

84%

French

7%

Others

4%

Italian

2%

English and French

2%

House tenancy (%)

Owners

69%

Renters

31%

Top 5 Schools in Welland

St Kevin Catholic Elementary School182 Aqueduct St, L3C 1C4, Welland, ON

7.2/10

Public•JK-8

Princess Elizabeth Public School330 Scholfield Ave S, L3B 1P2, Welland, ON

7/10

Public•JK-8

École Élémentaire Nouvel Horizon621 Quaker chemin, L3C 3H1, Welland, ON

7/10

Public•JK-6

Fitch Street Public School164 Fitch St, L3C 4V5, Welland, ON

6.9/10

Public•JK-8

Glendale Public School24 Farnham Ave, L3C 3R1, Welland, ON

6.7/10

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

1/5

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

Few or no shops within walking distance

Restaurants

2/5

Few or no restaurants within walking distance