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.
31 active · median $343K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Niagara Falls Under $500K
31 active · median $343K
Median List Price
$343K
Active Listings
31
Avg Days on Market
44 days
YoY Change
-13.1%
6-Month Median Price Trend
Dec
$352K
Jan
$344K
Feb
$337K
Mar
$353K
Apr
$349K
May
$347K
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+
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Pineapple Financial · LIC #12830
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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.
$337K
$330K
$337K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Niagara Falls.
Keep exploring Niagara Falls.
Other property types
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 qualifying rate (~5.45%) on a 25-year amortization, that's roughly $1,677 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 31 active, median $343K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Niagara Falls advisor within 1 business hour.
Condos in Niagara Falls Under $500K
Median $343K · 31 active · 3.95% 5-yr fixed
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.