Niagara County, NY Home Values & Market Trends
The median home price in Niagara County, NY is $200,089.34. There were 2,293 home sales in Niagara County, NY over the past 12 months. The median residential Niagara County, NY home value for transactions over the previous year is $158,637.733. The number of current listings in Niagara County, NY is 82, and the percentage of properties for sale is 82.00%. The county has 465 foreclosures, 16 bank owned properties, 11 headed for auction, and 82 properties for sale.
Niagara County, NY Real Estate Market Overview
City | Median Est. Value | City | Median Est. Value |
---|---|---|---|
Niagara Falls | $ 106,188 $ 86/sqft | Wilson | $ 188,878 $ 83/sqft |
Lockport | $ 140,000 $ 97/sqft | Burt | $ 200,333 $ 164/sqft |
Lewiston | $ 304,016 $ 175/sqft | Newfane | $ 147,600 $ 88/sqft |
North Tonawanda | $ 247,702 $ 187/sqft | Sanborn | $ 324,900 $ 218/sqft |
Youngstown | $ 304,864 $ 140/sqft | Ransomville | $ -- $ -- |
Appleton | $ 219,900 $ 143/sqft | Middleport | $ -- $ -- |
Barker | $ 300,427 $ 164/sqft | Niagara University | $ -- $ -- |
Olcott | $ 579,900 $ 335/sqft | Gasport | $ -- $ -- |
Housing Market Summary for Niagara County, NY
Apr 2023 | March 2024 | Change | |
---|---|---|---|
Median Listing Price | $149.9K | $183.9K | 22.68% |
Median Sold Price | $179.8K | $183.9K | 2.27% |
Homes For Sale | 131 | 79 | -39.69% |
Homes Sold | 1,514 | 1,181 | -21.99% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
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Browse Homes in Niagara County, NY
Niagara County, NY home values range from $20,120 to $6,064,358. Olcott is the priciest city with a median listing home price of $579,900, and Burt is most affordable with average house prices of around $114,900.
- Pre-ForeclosurePre-foreclosure homes account for 0.63% of all residential properties in Niagara County, NY with Niagara Falls containing 149 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 16 cities within Niagara County, NY; of those cities, the estimated home value for pre-foreclosure homes ranges from $450,939 in Lewiston to the lowest home value of $45,364 in Niagara Falls.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Niagara County, NY ranges from the highest value of $246,591 in Middleport to the lowest value of $74,129 in Niagara Falls. Bank owned homes and properties account for 0.02% of properties in Niagara County, NY. There are 16 cities within Niagara County, NY; Niagara Falls containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsNiagara Falls has 5 auction properties, the highest number of properties going to auction in a single city in the state of Niagara County, NY. Auction homes and other auction properties account for 0.02% of all properties in Niagara County, NY. There are 16 cities within Niagara County, NY; of those cities, the median estimated home value for homes going to auction ranges from $292,750 in Wilson to the lowest value of $52,718 in Wilson.
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Guide for Niagara County, NY
The real estate market in Syracuse, New York is experiencing a surge in property values and sale prices, with homes typically selling above their listed prices.
The Albany real estate market from April 2023 to March 2024 showed a clear positive trend, with rising property values and sale prices offset by fluctuating property counts.
Amid rapid fluctuations in the Rochester real estate sector, a steady increase in the average sale price per square foot has been observed from March 2023 to February 2024. Surrounding cities like East Rochester, Webster, Penfield, Spencerport, and West Henrietta have experienced unique trends, providing a diverse regional real estate climate.
New York City’s real estate market from August 2023 to January 2024 witnessed roughly an 8% increase in average property values, along with fluctuations in per square foot values and sold prices.