Niagara-on-the-lake Real Estate

Refine your Niagara-on-the-lake real estate search by price, bedroom, or type (house, townhouse, or condo). View up-to-date MLS® listings in Niagara-on-the-lake.

406 homes for sale in Niagara-on-the-lake, ON.

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  2. Ontario
  3. Niagara-on-the-Lake Real Estate

Home Prices in Niagara-on-the-lake

The asking price of homes for sale in Niagara-on-the-lake has decreased 8.26% since June last year, while the number of homes for sale has decreased 38.81%. See more Niagara-on-the-lake Home Prices & Values.

House
Median Asking Price
$1.4M
258 Houses
Townhouse
Median Asking Price
$775K
63 Townhouses
Condo
Median Asking Price
$839K
5 Condos

Find Real Estate & MLS® Listings in Niagara-on-the-lake

Zolo has the most thorough, up-to-date set of Niagara On The Lake real estate listings. Right now, Niagara On The Lake has 410 homes for sale, including 258 houses, 5 condos, and 63 townhouses on the market.

Niagara On The Lake is home to 8 unique neighbourhoods. With Zolo you'll be able to find the fastest selling Niagara On The Lake neighbourhoods, the highest-rated schools in the city, and evaluate nearby amenities. Check out the upcoming open houses in Niagara On The Lake to tour homes in person. Narrow down your home search to filter by price, bedrooms, size or search by our map of MLS® listings for Canada-wide real estate.

MLS® Listing data for Niagara On The Lake is updated every 15 minutes to provide you the most-up-to-date home listings. Get in touch with one of our Niagara On The Lake real estate agents to get started on landing your dream home today.

Niagara-on-the-lake City Guide

15K
Population
5.6%
Population Growth
6%
Unemployment

Located in Ontario, the city of Niagara On The Lake has a population of 15,400. The 5.6% population growth for this city is above average when compared to other Canadian cities.

There are 25.41% of immigrants in in Niagara On The Lake, 1.08% of which are recent immigrants to Canada. Other than English, the most common language spoken is German, with 9% of residents reporting it as their mother tongue. The largest cultural community within Niagara On The Lake is English at 32%, followed by German at 21% and Canadian at 20%.

Niagara On The Lake offers good employment opportunities with an unemployment rate that sits near 6%, which is below average when compared to other cities. Approximately 62% of residents hold a university degree. Residents can expect an exceptional quality of life in Niagara On The Lake based upon an above average median family income of $77,007.

According to Statistics Canada 95% of Niagara On The Lake residents drive. About 8% of residents that are already established within the city will move within a year, while 30% will move within five years.

Niagara On The Lake's population is higher than average when it comes to homeownership, with 91% owning a home and 9% renting. The median monthly mortgage cost is estimated to be about $794, which is below average when compared to renters in other Canadian cities.

In the Canadian real estate context, Niagara On The Lake is a good place to to buy a home.

Neighbourhoods

Niagara On The Lake is known as the city for outstanding localities. To guide you to identify the most appropriate area to stay consider each of Niagara On The Lake's 8 neighbourhoods. Better still, spend the weekend checking out open houses in Niagara On The Lake. Ask the agent on duty about the street. Their local knowledge will assist in narrowing down the best spot to set up roots in the Canadian real estate market.

Neighbourhood
(Top 5)
Sold under 10d Sold above asking Average sale price Active listings
1106 - Queenston 33% 0% $390K 41
2108 - Virgil 17% 11% $954K 72
3101 - Town 17% 5% $1.4M 118
4105 - St. Davids 0% 0% $1.1M 50
5102 - Lakeshore 0% 0% $2.6M 24

Nearby Cities

A large number of eventual homeowners pick houses for sale in areas that are further from Niagara On The Lake's downtown core. Suburban areas usually offer larger homes on larger lots. For even more options, consider commuting into Niagara On The Lake's core from a nearby city, such as Welland, , and . Even neighbouring cities that require a bit of a longer commute, such as , , and , are good options as they give wonderful housing options, often at more reasonable prices.

City
(Top 5)
Active listings
1Lincoln 240
2St. Catharines 1035
3Thorold 323
4Port Colborne 307
5Niagara Falls 979

Demographics

Buying a house means owning a piece of a neighbourhood, so it’s a good idea to get to know your neighbours. Here’s a snapshot of Niagara On The Lake’s demographics, including median age, schools and income, using census information from Statistics Canada.

9%
Rent
91%
Own
$1,185
Monthly Rent (Median)
$794
Monthly Mortgage (Median)
4,505
Total Families
$77,007
Family Income (Median)
51
Age (Median)
62%
College Educated

Schools

For those interested in buying Canadian real estate in order to raise a family, take heart: Niagara On The Lake is home to top-rated elementary and secondary schools. To help you narrow down your Niagara On The Lake housing market search, here’s the top five schools in each category. (Learn more in our school guide.)

Elementary Schools

7.8 St Michael
n/a Parliament Oak
n/a Crossroads

Commuters

According to Statistics Canada, residents in Niagara On The Lake use a variety of ways to get around.

95%
Drive
1%
Transit
1%
Bike
3%
Walk

FAQs About Niagara-on-the-Lake Real Estate

According to current Niagara-on-the-lake MLS© statistics, the average home listing price in Niagara-on-the-lake, ON is $1,649,000. Based on Niagara-on-the-lake housing inventory, the average home is listed on the market for 44 days and has a 95.8% selling to listing price ratio.

Based on current Niagara-on-the-lake MLS© data, the average detached house in Niagara-on-the-lake, ON has a listing price of $1,670,000. In Niagara-on-the-lake, detached houses are on the market for 45 days on average.

According to current Niagara-on-the-lake MLS© data, the average condo in Niagara-on-the-lake, ON has a listing price of $914,000. In Niagara-on-the-lake, the average price for a 2-bedroom condo is $811,000 and the average price for a 1-bedroom condo is $1,325,000.

In Niagara-on-the-lake, ON, the most expensive neighbourhoods to buy a home include 102 - Lakeshore, 101 - Town, 104 - Rural and 105 - St. Davids. 102 - Lakeshore is the most expensive neighbourhood in Niagara-on-the-lake with an average home price of $1,929,000.

The cheapest neighbourhoods to buy a home in Niagara-on-the-lake include 106 - Queenston, 107 - Glendale, 103 - River and 108 - Virgil. 106 - Queenston is the most affordable neighbourhood in Niagara-on-the-lake with an average home price of $992,000.

The closest cities to Niagara-on-the-lake, ON include Niagara Falls, Thorold, St. Catharines and Fonthill. Out of the nearby Niagara-on-the-lake cities, Fonthill has the highest average home price of $1,119,000 and St. Catharines has the most affordable average home price of $788,000.

The average townhouse in Niagara-on-the-lake has an average listing price of $851,000, which represents a 4.9% change in price from last year. There are currently 63 townhouses for sale in Niagara-on-the-lake, ON.

According to Statistics Canada Census data, the median total household income in Niagara-on-the-lake is $77,007 per year, which is above the national median income of $67,000 per year.

In Niagara-on-the-lake, ON, fewer people rent their homes than own at 9.2% rent versus 90.8% own. The median monthly rent price is $2,600 per month versus the median monthly mortgage of $4,100 per month.

niagara-on-the-lake
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board nor Zolo. The information provided on this page, including the Affordability, Afford Score™, and Affordability Coach, are provided for informational purposes only and should not be used or construed as financial or investment advice by any individual. No representations or warranties, express or implied, are made by Zolo or its affiliates as to the accuracy or completeness of the information on this page.