Housing in Niagara Falls, NY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$216,500

Median List Price

$139,450

Price Per Sq Ft

$120

Days on Market

49

Active Inventory

159

Months of Supply

3.8

Seller's market

Zillow Home Value

$161,109

ZHVI — January 2026

Zillow Rent Index

$1,070

ZORI — January 2026

Price Trends

Source: Redfin
Sale Price 44.6%List Price 20.3%Mar 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

21.4%

Off Market in 2 Weeks

25.5%

Sale-to-List Ratio

96.1%

Buyer's market

Sold Above Asking
21.4%
Under Contract in 2 Wks
25.5%
Listings with Price Drops
18.2%

Market Activity

Source: Redfin

Homes Sold

42

New Listings

42

Pending Sales

47

Homes Sold 32.3%New Listings 49.4%Pending 32.9%Mar 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$120

Median List $/SF

$76

Sale $/SF 14.3%List $/SF 29.0%Mar 24Jan 26

Niagara Falls vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with 25,000 - 50,000 residents. Niagara Falls is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$104,400

Median Rent

$784

Total Housing Units

26,161

Vacancy Rate

13.5%

Owner Occupied

57.5%

Renter Occupied

42.5%

Median Property Tax

$2,661

per year

Monthly Cost (w/ Mortgage)

$771

Housing Types

Single Family
62.4%
Multi-Family
36.6%
Mobile Home
1.1%

The current median sale price in Niagara Falls, NY is $216,500 according to Redfin data. Homes spend a median of 49 days on the market. 21.4% of homes sold above asking price. The market has 3.8 months of supply. The median price per square foot is $120. Zillow's observed rent index is $1,070/month. About 57.5% of housing units are owner-occupied. The median year homes were built is 1948. There are 26,161 total housing units.