Niagara-on-the-Lake real estate market report: August 2026
By Sandy MacKay · Data as of September 21, 2026 · Updated monthly
In August 2026, 69 homes sold in Niagara-on-the-Lake, up 44% from August 2025. The average freehold sale price was $898,750 (up 5.7% year over year), and the average freehold sale took 54 days. 130 new listings came to market and 404 homes were for sale at month end, about 5.9 months of inventory at August's pace of sales. Over the last 12 months, 38% of new listings in Niagara-on-the-Lake ended in a sale. Residential sales only; commercial and land are excluded.
- Home sales
- 69
- +44% vs. last year
- Average freehold sale price
- $899K
- $898,750
- +5.7% vs. last year
- Days on market
- 54 days
- freehold sales
- +8 days vs. last year
- New listings
- 130
- -26% vs. last year
- For sale at month end
- 404
- -21% vs. last year
- Months of inventory
- 5.9
- for sale ÷ this month's sales
- 12-month sell-through
- 38%
- sales ÷ new listings, trailing year
The last twelve months in Niagara-on-the-Lake
| Month | Home sales | vs. year ago | New listings | For sale (month end) | Avg freehold price | vs. year ago | Days on market | Months of inventory |
|---|---|---|---|---|---|---|---|---|
| August 2026 | 69 | +44% | 130 | 404 | $898,750 | +5.7% | 54 | 5.9 |
| July 2026 | 60 | +28% | 132 | 431 | $1,035,714 | — | 39 | 7.2 |
| June 2026 | 70 | +59% | 186 | 443 | $927,311 | — | 39 | 6.3 |
| May 2026 | 72 | +47% | 177 | 451 | $742,453 | — | 38 | 6.3 |
| April 2026 | 47 | +12% | 158 | 407 | $1,003,346 | — | 52 | 8.7 |
| March 2026 | 35 | -10% | 155 | 370 | $955,644 | — | 63 | 10.6 |
| February 2026 | 34 | +13% | 104 | 292 | n/a | — | n/a | 8.6 |
| January 2026 | 38 | +90% | 74 | 282 | n/a | — | n/a | 7.4 |
| December 2025 | 31 | -18% | 49 | 326 | n/a | — | n/a | 10.5 |
| November 2025 | 46 | -23% | 103 | 401 | $854,716 | — | 60 | 8.7 |
| October 2025 | 51 | -46% | 149 | 483 | $1,232,038 | — | 46 | 9.5 |
| September 2025 | 52 | +8% | 162 | 523 | $988,409 | — | 48 | 10.1 |
Residential sales only (no leases, no commercial or land). Price and days on market are averages of that month's freehold sales, not medians; n/a means fewer than five priced sales or a source value that failed the sanity check. Complete months only. Source and definitions below.
Niagara-on-the-Lake by property type and price band
Trailing 52 weeks, September 21, 2025 to September 19, 2026. Residential only.
| Property type | Sales | Share | Avg sale price | Days on market |
|---|---|---|---|---|
| Detached | 339 | 57% | $1,057,382 | 47 days |
| Semi-detached | 36 | 6% | — | — |
| Townhouse | 92 | 16% | $587,280 | 88 days |
| Condos & other homes | 124 | 21% | — | — |
| All residential | 591 | 100% | — | — |
| Price band | Sales | Share | New listings | Sell-through |
|---|---|---|---|---|
| Under $500K | 90 | 15% | 209 | 43% |
| $500K – $1M | 326 | 55% | 784 | 42% |
| $1M – $1.5M | 113 | 19% | 299 | 38% |
| $1.5M – $2M | 39 | 7% | 157 | 25% |
| $2M – $3M | 17 | 3% | 83 | 20% |
| $3M+ | 7 | 1% | 51 | 14% |
Average price and days on market are sold-weighted from the freehold types the source prices; condos & other homes are counted but not separately priced. Sell-through is sales ÷ new listings in the band over the same 52 weeks.
How to read this
- Source: MLS listing data for Niagara-on-the-Lake via BrokerBay Market Trends, pulled weekly by the Found Spaces team. Boundaries follow the MLS board's, so figures can differ from the board's own monthly release.
- Home sales are residential sales reported in the week, prorated into calendar months by days. Leases, commercial and land are excluded.
- Average freehold sale price is the sold-weighted average of that month's detached, semi-detached and townhouse sales. Condos are counted in sales and listings but not separately priced in the source, so they are left out of the average rather than guessed. Fewer than five priced sales means no average for that month.
- Days on market is the average for that month's freehold sales, from listing to sale, as the MLS records it.
- Months of inventory is homes for sale at month end divided by that month's sales. Sell-through is sales divided by new listings over the trailing twelve months.
- A month whose source value sits far outside the year around it is withheld (n/a) rather than published.
Full methodology on the market reports page. Cite as: Found Spaces Realty Group, Niagara-on-the-Lake Market Report, August 2026, foundspacesrealty.ca/market-reports/niagara-on-the-lake.
What it means for you
Selling or buying in Niagara-on-the-Lake?
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