Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Condos for Sale in Niagara Falls
Under $500K

Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Niagara Falls this band: $343K · 31 active · avg 44 days on market.

Median List Price

$343K

Active Listings

31

Avg Days on Market

44 days

YoY Change

-13.1%

6-Month Median Price Trend

Dec

$337K

Jan

$337K

Feb

$337K

Mar

$337K

Apr

$337K

May

$337K

What is the average condo price in Niagara Falls in 2026?

The benchmark price for a condo in Niagara Falls in 2026 is approximately $343K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 31 active listings, moving in an average of 44 days on market. Prices are down 13.1% year-over-year.

Is Niagara Falls a buyer's or seller's market right now?

Niagara Falls is currently a buyer's market for condos in this band. Listings are sitting 44 days on average and prices are 13.1% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

Families helped in Niagara Falls

23+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Switched at renewal and saved $187/month with no closing costs. I should have called them at year three.
Jennifer L., Renewal, Niagara Falls

What $343K gets you in Niagara Falls.

Condos in Niagara Falls priced under $500k are tracking against a CREA MLS® HPI benchmark of $343K for the niagara region area. Within this band the median list comes in near $343K — down 13.1% year-over-year. Active inventory is moving in roughly 44 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Stamford, Niagara Falls

$365K

2 bed2 bath740 sqft
Chippawa, Niagara Falls

$365K

2 bed2 bath740 sqft
Drummond Park, Niagara Falls

$366K

2 bed2 bath740 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Where these condos are clustered in Niagara Falls.

Niagara Falls Condo FAQ

What is the median price for condos in Niagara Falls under $500k?

As of 2026-05-01, the median list price for condos in Niagara Falls priced under $500k sits at approximately $343K based on active MLS inventory.

How many condos are currently for sale in Niagara Falls in this price range?

There are roughly 31 active condos for sale in Niagara Falls priced under $500k. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Niagara Falls?

Condos in Niagara Falls priced under $500k are averaging 44 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Niagara Falls condo prices going up or down?

Year-over-year median condo prices in Niagara Falls (this band) are down 13.1%. Six-month trend data is available on this page.

What mortgage do I need to buy a condo at this price in Niagara Falls?

On a $343K purchase with 20% down, you'd carry a mortgage of about $274K. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active condo in Niagara Falls under $500k.

31 active listings · median $343K. A licensed Niagara Falls advisor sends the live list within 1 business hour.

Condos in Niagara Falls Under $500K

Median $343K · 31 active

256-Bit SSL Secured & Private

Step 2 · Lock in financing

Get pre-approved for a $274K mortgage.

Based on $343K median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

Text Agent Check Rates