Is Niagara Falls, NY 14305 a buyer’s or seller’s market?

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

Niagara Falls is a buyer’s market. With about 6.3 months of supply, buyers usually have more time and more room to negotiate on price and terms.

Competition score78/ 100

More competitive than 83% of U.S. ZIP codes, and #305 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 supply6.3Under 4 months = seller’s market
Sold above original list57.9%Share of sales, last 3 months
Median sale-to-list105.3%Sold price ÷ list price
Median days on market14Listing to accepted offer
Median price per sq ft$117▼ −7.4% vs. last year

The Niagara Falls housing market right now

In the three months ending August 31, 2026, 58% of homes in Niagara Falls, NY 14305 sold above their list price, the typical home went under contract in 14 days and there were 6.3 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 39 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 46%, homes sold about as fast and the median sale price rose 1% to $176,923. Overall, Niagara Falls is more competitive than a year ago, so tougher for buyers.

Within Niagara County, homes here sell more slowly than in 61% of the county’s ZIP codes, and sell more often over asking than in 61%. On our competition score, Niagara Falls ranks #305 of 649 NY ZIP codes with enough sales (score 78 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 buyer’s market: there were 6.3 months of supply in Niagara Falls, NY 14305 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 14 days in the latest three months.

Do homes in Niagara Falls sell over asking?

58% of homes sold above their original list price, and the typical sale closed at 105.3% 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 $176,923 in the three months ending August 31, 2026, about $117 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