Is Niagara Falls, NY 14304 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Niagara Falls is a seller’s market. With about 2.9 months of supply and 70% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score90/ 100

More competitive than 95% of U.S. ZIP codes, and #182 of 649 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.9Under 4 months = seller’s market
Sold above original list69.8%Share of sales, last 3 months
Median sale-to-list105.9%Sold price ÷ list price
Median days on market9Listing to accepted offer
Median price per sq ft$174▲ +5.9% vs. last year

The Niagara Falls housing market right now

In the three months ending August 31, 2026, 70% of homes in Niagara Falls, NY 14304 sold above their list price, the typical home went under contract in 9 days and there were 2.9 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 65 home sales.

Compared with the same period a year earlier, the share selling over asking was about the same (69% then), homes sold about as fast and the median sale price rose 12% to $229,901. Overall, Niagara Falls is about as competitive as it was a year ago.

Within Niagara County, homes here sell faster than in 72% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, Niagara Falls ranks #182 of 649 NY ZIP codes with enough sales (score 90 out of 100).

Nearby, buyers who want less competition could look at Olcott 14126 (0% sold over asking) or Lewiston 14092 (35% sold over asking), while Niagara Falls 14302 (100% sold over asking) and Sanborn 14132 (92% sold over asking) are even more competitive.

Nearby markets

Appleton 14008Seller’s market $184 /sq ftBarker 14012Seller’s market $232 /sq ftBurt 14028Seller’s market $153 /sq ftGasport 14067Seller’s market $174 /sq ft Browse all markets →

Where Niagara Falls is

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Questions about Niagara Falls real estate

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

A seller’s market: there were 2.9 months of supply in Niagara Falls, NY 14304 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Niagara Falls?

The typical home went under contract in 9 days in the latest three months.

Do homes in Niagara Falls sell over asking?

70% of homes sold above their original list price, and the typical sale closed at 105.9% of the list price.

What are property taxes in Niagara Falls?

About 2.19% of a home’s value a year in Niagara County, or roughly $8,760 on a $400,000 home.

What is the median home price in Niagara Falls?

The median sale price was $229,901 in the three months ending August 31, 2026, about $174 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology