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Housing in Niagara Falls

622 homes sold in Niagara Falls in the last year, at a typical $174K

Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Niagara Falls homes are listed.

Homes for sale in Niagara FallsZillowRedfinRealtor.comMore places to look ↓
Homes sold
622
June 2025 to May 2026
Typical sale price
$174K
median, weighted by sales
Price per square foot
$112
New York $434
Paid vs. asking
98.6%
37% sold over asking
For sale now
221
May 2026 · 39 sold that month
What sold · last 12 months

Houses are 80% of Niagara Falls’ sales, at a typical $187K

622 homes sold in the year to May 2026.

Houses$187K

typical sale · 498 sold in 12 months

Per square foot
$131NY $316
Days to sell
24
Sold over asking
41%
Listings with a price cut
20%
Fewer sales

Multi-family (2–4 units): 106 sold, typical $123K
Townhouses: 12 sold, typical $297K
Condos: 6 sold, typical $395K

Too few sales in 12 months for reliable figures.

14 years of sales

About as many homes sell as usual, at 3.1 times the 2016 price

622 sales in the last year, against 916 in 2021 and a low of 399 in 2012. The typical sale went from $56K in 2016 to $174K.

Homes soldTypical sale price
0237475712950$50K$100K$150K$200K2012: 399 sold, typical $57K’122013: 429 sold, typical $53K2014: 424 sold, typical $54K’142015: 503 sold, typical $54K2016: 514 sold, typical $56K’162017: 603 sold, typical $67K2018: 606 sold, typical $66K’182019: 612 sold, typical $77K2020: 688 sold, typical $91K’202021: 916 sold, typical $118K2022: 789 sold, typical $133K’222023: 717 sold, typical $141K2024: 714 sold, typical $164K’242025: 659 sold, typical $173KLast 12 months: 622 sold, typical $174KNow

Source: Redfin Data Center, MLS sales. Typical price and $/sq ft are the monthly medians, weighted by sales.

What your budget buys

What $150K buys in Niagara Falls

Houseat $131 a sq ft
The same money in New Yorkat $316 a sq ft

Is this asking price fair?

Check a listing against what Niagara Falls homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Niagara Falls are more common than before the pandemic, and more homes are for sale

We read every month of Niagara Falls’ home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 622 sales.

If you’re buying in Niagara Falls

  • Shop in April. It brings about 82 new listings a month, close to the busiest month, with fewer bidding wars (30% over asking).
  • Some room to negotiate. 20% of listings cut their price, about as many as before the pandemic.
  • Bid near asking. Buyers paid 98.6% of the list price on average; 37% paid over.
  • You’ll usually have time. Only 37% of homes go under contract within two weeks; the typical one takes 27 days.
Best time to buy

Summer brings both the most homes and the most bidding wars

June has the most new listings (about 101 a month), but July is the most competitive: 42% of July sales close over asking. April offers nearly as much choice with fewer homes bid up (30%). February has the least competition (27%) but only about 59 new listings.

New listings a monthShare sold over asking
026.352.578.810520%40%60%Sweet spotJan: 64 new listings a month, 30% sold over asking, 44 days to sellJFeb: 59 new listings a month, 27% sold over asking, 42 days to sellFMar: 80 new listings a month, 32% sold over asking, 49 days to sellMApr: 82 new listings a month, 30% sold over asking, 50 days to sellAMay: 91 new listings a month, 35% sold over asking, 35 days to sellMJun: 101 new listings a month, 39% sold over asking, 33 days to sellJJul: 98 new listings a month, 42% sold over asking, 27 days to sellJAug: 98 new listings a month, 42% sold over asking, 25 days to sellASep: 83 new listings a month, 39% sold over asking, 24 days to sellSOct: 84 new listings a month, 38% sold over asking, 24 days to sellONov: 63 new listings a month, 38% sold over asking, 29 days to sellNDec: 48 new listings a month, 33% sold over asking, 36 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like New York as a whole

Niagara Falls now2017–192021 peakNY now
Sold over askingShare of sales that closed above the list price37%29%50%41%
Gone within two weeksShare of homes under contract within 14 days37%32%56%26%
Listings with a price cutShare of homes for sale that cut their price20%19%20%20%
Price paid vs. askingAverage sale price ÷ list price98.6%95.6%102.4%101%
Days to sellMedian days from listing to contract27381341
Supply

226 homes for sale on a typical day

That’s 1.7 times the 2021 low (132), 18% more than in 2017–19 and well under 2012’s 334.

2012: 334 for sale’122013: 291 for sale2014: 307 for sale2015: 254 for sale’152016: 195 for sale2017: 175 for sale2018: 167 for sale’182019: 233 for sale2020: 174 for sale2021: 132 for sale’212022: 168 for sale2023: 187 for sale2024: 197 for sale’242025: 222 for saleLast 12 months: 226 for saleNow
Room to negotiate

1 in 5 listings has cut its price

20% in the last year, against 19% in 2017–19 and 20% across New York.

2015: 15%’152016: 15%2017: 18%2018: 20%’182019: 18%2020: 16%2021: 20%’212022: 23%2023: 18%2024: 22%’242025: 21%Last 12 months: 20%Now
Prices by type

Since 2019, houses are up 120%, condos 243%

A house typically sold for $187K in the last year (498 sales), a condo for $395K (6).

$150K$300K$450K$600K2013201520172019202120232025NowHouses 2013: $60K, 335 salesHouses 2014: $60K, 350 salesHouses 2015: $63K, 412 salesHouses 2016: $62K, 428 salesHouses 2017: $73K, 499 salesHouses 2018: $77K, 475 salesHouses 2019: $85K, 492 salesHouses 2020: $101K, 548 salesHouses 2021: $136K, 672 salesHouses 2022: $144K, 603 salesHouses 2023: $152K, 584 salesHouses 2024: $174K, 587 salesHouses 2025: $179K, 534 salesHouses last 12 months: $187K, 498 salesHouses $187KCondos 2019: $115K, 4 salesCondos 2021: $470K, 12 salesCondos 2022: $486K, 10 salesCondos 2023: $340K, 4 salesCondos 2024: $510K, 12 salesCondos 2025: $443K, 7 salesCondos last 12 months: $395K, 6 salesCondos $395K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Across New York

Niagara Falls ranks 305th of 362 busy New York markets for bidding wars

Share of sales over asking in the last year, among towns with 60 or more sales. Niagara Falls is one of the state’s calmer markets.

Source: Redfin Data Center, city market tracker, January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Niagara Falls home costs about $1,258 a month

Mortgage
Property tax
Insurance
Rent

Price: Niagara Falls’ typical sale, last 12 months. Property tax at Niagara Falls’ 2.4% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Niagara Falls is affordable on local pay is on Cost of living.

Before you buy in Niagara Falls

Six things worth knowing

101

New listings in June

The month with the most choice. December has the fewest, about 48.

Best time to buy
2.4%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $174K home, about $4,190 a year.

Taxes vs. neighbors
D

Schools

The schools grade for Niagara Falls, from test results, graduation and how much students grow.

Schools in Niagara Falls
19 min

Typical commute

The average one-way trip to work for people who live in Niagara Falls.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

No busy market nearby sells for less a square foot; Niagara, Grand Island, Wheatfield, Lewiston, Grandyle Village and North Tonawanda for far more

The busier markets within 25 miles of Niagara Falls, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
Niagara Falls622$174K$11237%27
North Tonawanda270$246K$17467%13
Grand Island207$386K$20360%18
Wheatfield111$394K$20964%14
Niagara61$205K$15452%30
Grandyle Village45$310K$18469%16
Lewiston30$329K$21730%24

Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Niagara Falls, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Niagara Falls. People who follow the town see it, and so do people comparing Niagara Falls with their own town. No commission, no listing fee.

Questions about buying a home in Niagara Falls

What do homes sell for in Niagara Falls, NY?

622 homes sold in the year to May 2026 at a typical $174K, $112 a square foot.

Is Niagara Falls a buyer’s or seller’s market?

A balanced market: 221 homes were for sale in May 2026 and 39 sold, about 5.7 months of supply. Buyers paid 98.6% of asking on average, and 20% of listings cut their price.

When is the best time to buy in Niagara Falls?

June brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Niagara Falls?

About 2.4% of a home’s value a year. On a $174K home that’s near $4,190.

Where can I see homes for sale in Niagara Falls?

Zillow, Redfin, Realtor.com and Homes.com all carry Niagara Falls’ MLS listings; the search links above open each one filtered to Niagara Falls.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).