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Featured local agent — Niagara Falls, NY
Sarah Mitchell
Compass Real Estate · Niagara Falls, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Niagara Falls, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$158,000median sale price
How is the Niagara Falls, NY housing market right now?
The median home sale price in Niagara Falls, NY is $158,000, down 13.4% year-over-year. Homes sell in an average of 23 days with 221 active listings. The market is currently a leaning buyer's. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Niagara Falls a buyer's or seller's market?
Niagara Falls, NY is currently a leaning buyer's, based on 5.7 months of supply and homes selling in about 23 days. How we determine this →
Homes sold
39
Last 12 weeks
Days on market
23
Average pace
Active listings
221
5.7 months supply
Sale-to-list
97.0%
Below asking
What does the Niagara Falls housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $158,000 |
| Median list price | $199,000 |
| Year-over-year price change | -13.4% |
| Average days on market | 23 days |
| Active inventory | 221 listings |
| Months of supply | 5.7 months |
| Sale-to-list price ratio | 97.0% |
| Median price per sq ft | $96/sq ft |
| Homes sold (latest month) | 39 |
| New listings (latest month) | 103 |
| Listings with a price cut | 27.6% |
| Market condition | Leaning buyer's |
Source: Redfin · Updated monthly
How much do homes cost in Niagara Falls by property type?
How the Niagara Falls, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $169,900 | $116/sq ft | 33 | 21 days |
| Townhouse | $65,000 | $45/sq ft | 3 | 55 days |
Source: Redfin · Updated monthly
The Niagara Falls housing market is currently classified as a leaning buyer's with a median sale price of $158,000. Prices have fallen 13.4% compared to last year, with homes spending an average of 23 days on market, indicating 5.7 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 3.6x provides context for how home values compare to local earning capacity.
Homes for sale in Niagara Falls
There are currently 221 homes listed for sale in Niagara Falls, New York. The median listing price is $199K.
Active listings
221
Homes on market
Median list price
$199K
Avg. days on market
23
Days until sale
New this week
103
Newly listed
Who lives in Niagara Falls?
Population
48,198
Median income
$48,535/yr
Median age
40.7 years
Owner-occupied
57.5%
College grads
22.8%
Avg commute
18.4 min
Source: U.S. Census Bureau ACS
What are homes worth in Niagara Falls?
Zillow home value
$176,530
Zillow rent index
$1,212/mo
Price-to-rent ratio
12.1x
Price-to-income
3.6x
Source: Zillow Research
What is it like to live in Niagara Falls?
Niagara Falls is a community of approximately 48K residents with a median age of 40.7 years.The median household income is $48,535, which represents a working-class community with solid middle-income opportunities. 22.8% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 57.5%, showing a blend of owner and renter-occupied properties. The average commute time is 18.4 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Niagara Falls offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Niagara Falls?
13 schools tracked · 7,547 students
The largest public schools serving Niagara Falls, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
NIAGARA FALLS HIGH SCHOOL
Grades 9-12 · 2,142 students
HARRY F ABATE ELEMENTARY SCHOOL
Grades 2-6 · 702 students
CATARACT ELEMENTARY SCHOOL
Grades PK-6 · 534 students
LASALLE PREPARATORY SCHOOL
Grades 7-8 · 503 students
HYDE PARK SCHOOL
Grades PK-6 · 481 students
BLONEVA BOND PRIMARY SCHOOL
Grades PK-2 · 449 students
GASKILL PREPARATORY SCHOOL
Grades 7-8 · 445 students
GERALDINE J MANN SCHOOL
Grades PK-6 · 425 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Niagara Falls, NY?
Want a head-to-head view? Compare Niagara Falls side-by-side with any other U.S. city using our market-comparison tool.
Is Niagara Falls a good real estate investment market?
For investors evaluating Niagara Falls, the price-to-rent ratio of 12.1x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 13.4% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Niagara Falls's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Niagara Falls's median home price.
Frequently asked questions
What is the average home price in Niagara Falls?
The median home sale price in Niagara Falls is $158,000, down 13.4% from last year.
How long do homes stay on market in Niagara Falls?
Homes typically spend 23 days on market before going under contract.
What is the median income in Niagara Falls?
The median household income is $48,535 per year.
Is Niagara Falls a buyer's or seller's market?
With 5.7 months of supply, Niagara Falls is currently a leaning buyer's.
What is the Zillow home value estimate for Niagara Falls?
The Zillow Home Value Index (ZHVI) for Niagara Falls is $176,530, representing the typical home value in the area.
How much does a single-family home cost in Niagara Falls?
The median single-family home price in Niagara Falls, NY is $169,900 (about $116 per square foot).
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