#B1618768, Kamran Mazhar, Listing office: Signature Real Estate Services
Niagara Falls Housing Market Report May 2025•Niagara County, New York
Housing Prices in Niagara Falls, NY
How much do homes in Niagara Falls, NY cost?
Housing Market Conditions
Is Niagara Falls, NY a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Niagara Falls is a Neutral Market
Difference Since May 2024
At the same time last year, Niagara Falls was a Seller's Market.
Niagara Falls is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Niagara Falls have sold for 8.8% more than they did a year ago.
Summary: The median home sold price in Niagara Falls was $154,440 in May 2025, up 8.8% from last year, and the median price per square foot was $114.
Median Sold Price By Cities
City | May 2024 | May 2025 | Change YoY |
---|---|---|---|
Niagara | $190K | $225K | +18.4% |
Niagara Falls | $141.9K | $154.4K | +8.8% |
Grand Island | $350K | $375K | +7.1% |
Wheatfield | $370K | $377.5K | +2.0% |
Median Sold Price By Bedrooms
Beds | May 2024 | May 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $140K | $135.5K | -3.2% |
22 Bedrooms | $115K | $103.5K | -10.0% |
33 Bedrooms | $154.5K | $175.2K | +13.4% |
44 Bedrooms | $136K | $148.5K | +9.2% |
55+ Bedrooms | $130.5K | $165K | +26.4% |
Summary: Niagara Falls housing price by bedroom type for May 2025, compared to the previous year. The home price for 1 bedroom homes decreased by -3.2%. The home price for 2 bedroom homes decreased by -10.0%. The home price for 3 bedroom homes increased by +13.4%. The home price for 4 bedroom homes increased by +9.2%. The home price for 5 bedroom homes increased by +26.4%.
How does Niagara Falls, NY compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Niagara Falls, NY
Housing supply in Niagara Falls, NY
How many homes are available in Niagara Falls, NY?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
243Last MonthMay 2025 | ||
2502 months agoApr 2025 | -2.8 % Change MoMApr – May |
Summary: The Niagara Falls real estate market had 243 homes for sale in May 2025, a 2.8 % decrease compared to Apr 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
40Last MonthMay 2025 | ||
402 months agoApr 2025 | 0.0 % Change MoMApr – May |
Homes For Sale By Bedroom Count
Beds | Apr 2025 | May 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 5 | 5 | 0.0% |
22 Bedrooms | 35 | 25 | -28.6% |
33 Bedrooms | 107 | 101 | -5.6% |
44 Bedrooms | 56 | 61 | +8.9% |
55+ Bedrooms | 47 | 51 | +8.5% |
Summary: Niagara Falls housing inventory by bedroom type for May 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes decreased by -28.6%. The inventory for 3 bedroom homes decreased by -5.6%. The inventory for 4 bedroom homes increased by +8.9%. The inventory for 5 bedroom homes increased by +8.5%.
Asking Price vs. Sold Price
How much do homes in Niagara Falls, NY cost?
Over Asking Price24 Homes
At Asking Price6 Homes
Under Asking Price10 Homes
If you're buying a home in Niagara Falls, you could pay more than the asking price. 60% of homes here sold above asking price last month.
Summary: A total of 40 homes were sold or pending in Niagara Falls in May 2025, the same as the previous month. Of the 40 sold homes, 25% were sold under asking, 15% were sold at asking, and and 60% were sold over asking.
Days on Market for Niagara Falls, NY
How long does it take to sell a home in Niagara Falls, NY?
Breakdown of Home Sale Times
Under 30 Days32 Homes
30 – 90 Days7 Homes
Over 90 Days1 Home
Many homes in Niagara Falls are selling fast, if you're buying plan to act quickly.
Summary: During May 2025, 40 homes were sold in Niagara Falls; 80% of homes were sold within 30 days, 18% of homes were sold within 30 to 90 days, and 3% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
18 DaysThis YearMay 2025 | ||
29 Days1 year agoMay 2024 | -34.8 % Change YoYMay 2024 – May 2025 |
Summary: Homes in Niagara Falls had an average listing age of 18 days in May 2025, down by 34.8% compared to the previous year.
Connect With An Agent
Local real estate agents are ready to help you find a home here
Sell My Home
Sell your home with an expert or get the job done on your own.
Get Approved
Get a customizable mortgage solution based on today's rates.
Newest Listings in Niagara Falls, NY
What homes are available in Niagara Falls, NY?
Nearby markets
Popular Cities with Homes for Sale in New York
- Homes for sale in Albany, NY
- Homes for sale in Amherst, NY
- Homes for sale in Brooklyn, NY
- Homes for sale in Buffalo, NY
- Homes for sale in Carmel, NY
- Homes for sale in Elmira, NY
- Homes for sale in Harrison, NY
- Homes for sale in Jamestown, NY
- Homes for sale in Manhattan, NY
- Homes for sale in New Rochelle, NY
- Homes for sale in New York, NY
- Homes for sale in Queens, NY
- Homes for sale in Riverhead, NY
- Homes for sale in Rochester, NY
- Homes for sale in Schenectady, NY
- Homes for sale in Smithtown, NY
- Homes for sale in Syracuse, NY
- Homes for sale in Utica, NY
- Homes for sale in Valley Stream, NY
- Homes for sale in White Plains, NY
- Homes for sale in Yonkers, NY
MLS Disclaimers and Copyright
Based on information from New York State Alliance of MLS, for the period 06/01/2023 - 06/01/2025

harmless.
© 2025 CNYIS, UNYREIS, WNYREIS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available.
Last updated on: 7/1/2025, 9:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.