Niagara Real Estate Market Stats
Niagara Real Estate Market Statistics — May 2026
Residential home sales activity recorded through the MLS® for the Niagara Association of REALTORS® (NAR) totaled 565 units in May 2026, compared to 627 in May 2025. In May , the Niagara Association of REALTORS® listed 1574 residential properties compared to 1925 in May 2025. The average days it took to sell a home in May 2026 was 41 days, a 5.1 % increase from May 2025.
Year-over-year by municipality
| Municipality | New Listings | Sales | Benchmark Price | Avg Days on Market | ||||
|---|---|---|---|---|---|---|---|---|
| May 2026 | May 2025 | May 2026 | May 2025 | May 2026 | May 2025 | May 2026 | May 2025 | |
| Fort Erie | 156 | 182 | 55 | 59 | $492,200 | $545,900 | 52 | 57 |
| Grimsby | 100 | 142 | 32 | 34 | $679,500 | $723,300 | 29 | 32 |
| Lincoln | 94 | 106 | 32 | 39 | $671,900 | $747,900 | 35 | 37 |
| Niagara Falls | 280 | 352 | 85 | 93 | $562,900 | $609,100 | 40 | 38 |
| Niagara-on-the-Lake | 109 | 122 | 40 | 31 | $861,300 | $945,000 | 52 | 36 |
| Pelham | 63 | 82 | 24 | 23 | $765,200 | $846,800 | 38 | 36 |
| Port Colborne/Wainfleet | 92 | 113 | 29 | 38 | $474,100 | $527,300 | 40 | 62 |
| St. Catharines | 384 | 403 | 162 | 182 | $527,500 | $557,500 | 36 | 26 |
| Thorold | 102 | 153 | 28 | 40 | $578,200 | $653,700 | 46 | 30 |
| Welland | 176 | 244 | 64 | 77 | $503,200 | $563,400 | 38 | 40 |
| West Lincoln | 18 | 26 | 14 | 11 | $680,900 | $749,400 | 47 | 30 |
| Niagara Totals | 1,574 | 1,925 | 565 | 627 | $575,300 | $625,500 | 41 | 39 |
“With Niagara’s sales-to-listings ratio for May landing at 36%, our regional market is staying firmly planted in a buyer’s market”
Niagara market FAQ — May 2026
- What is the average home price in Niagara in May 2026?
- The MLS® HPI composite benchmark price across the Niagara region was $575,300 in May 2026, compared to $625,500 in May 2025 (−8.0% year over year).
- How many homes sold in Niagara in May 2026?
- There were 565 residential sales across the Niagara Association of REALTORS® in May 2026, compared to 627 in May 2025.
- How long are homes taking to sell in Niagara?
- Homes took an average of 41 days to sell in May 2026, versus 39 days in May 2025.
- How many new listings came on the market in May 2026?
- 1,574 new residential properties were listed across Niagara in May 2026, compared to 1,925 in May 2025.
- Which Niagara municipality had the highest benchmark price in May 2026?
- Niagara-on-the-Lake had the highest MLS® HPI benchmark price in May 2026 at $861,300.
The Residential Market Report includes listings for both Residential Freehold and Residential Condo & Other property types. (Excluding multifamily, land or farm properties.)
Source: May 2026 Market Release & Stats, Niagara Association of REALTORS®. Figures are transcribed verbatim from the official monthly report and are updated automatically as each new report is released.