Photo: Don-vip · CC BY-SA 3.0Niagara Falls sits 21% below Ontario’s towns on home values
The 2021 census gives $552,000 as the median value; Ontario’s towns come to $695,000. These home values were given by owners themselves, in a census taken in May 2021. Sale prices aren’t published in Ontario: what owners told the census is the figure to go on for Niagara Falls.
Niagara Falls’s homes, by two sources
Two sources, each set against Ontario’s towns only: provinces measure value differently, so they don’t line up across borders. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario.
median, owners’ estimate
- Average
- $596K
- Owners
- 26,560
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
Niagara Falls’s homes by type: detached houses lead, at 77%
Detached houses account for 77% of the 33,585 properties on Niagara Falls’s 2024 roll; condos for 4%.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
An older stock than most: 31% of Niagara Falls’s homes go back before 1961 (Ontario’s towns: 22%)
37,790 occupied homes stood in Niagara Falls in 2021, and single-detached houses made up 66% of them.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Niagara Falls | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 8% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 5% | 5% | 3% |
| Households in core housing need | 11% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Niagara Falls permitted 14.4 new homes a year per 1,000, close to the 15 of Ontario’s towns
From 2018 to 2023, permits in Niagara Falls created 3,229 homes, about 538 a year. The mix: 26% in single-unit buildings, beside 66% for Ontario’s towns.
Most in 2021: 883 new homes
New homes a year per 1,000 homes
Up 17%: 3,312 new homes in the year to August 2026
Source area for monthly permits: the St. Catharines-Niagara metro area
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.
Niagara Falls is 21% below the $695,000 median of Ontario’s towns
The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Niagara Falls: Welland
Next to Niagara Falls: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Niagara Falls | $552K | $596K | 70% | |
| Thorold | $552K | $582K | 69% | 9.5 |
| St. Catharines | $548K | $581K | 64% | 14.2 |
| Niagara-on-the-Lake | $900K | $1.01M | 85% | 14.4 |
| Welland | $500K | $516K | 69% | 16.7 |
| Pelham | $750K | $819K | 88% | 17.3 |
Census 2021 values; km.
Questions about property prices in Niagara Falls
Is Niagara Falls expensive for Ontario?
Below the norm for Ontario’s towns, whose median home is worth $695,000; Niagara Falls’s is worth less.
How many households in Niagara Falls are in core housing need?
11% of Niagara Falls’s households, near the 9% of Ontario’s towns, live in a home that is unaffordable, crowded or in poor repair and can’t afford a better one nearby.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).