Detached Homes Stabilizing. Attached Housing Still Under Pressure. Pricing Precision is Key.
The Niagara real estate market in June 2025 continues to show clear segmentation. Detached homes—both bungalows and 2-storey properties—are showing signs of stabilization, while townhouses and apartments remain softer, adjusting to changes in buyer affordability and demand.
The market has transitioned from a rapid correction to a slower, more data-driven phase where informed buyers and sellers are navigating nuanced trends. Here’s an in-depth breakdown of what’s happening across each segment.
📊 Niagara Region Snapshot – All Property Types (June 2025 vs. June 2024)
Metric | June 2025 | YoY Change |
|---|---|---|
Total Sales | 572 | ↓0.5% |
New Listings | 1,667 | ↑6.1% |
Benchmark Price | $613,400 | ↓5.9% |
Median Days on Market | 30 | ↓15.0% |
Sales-to-New Listings Ratio | ~34% | Buyer’s Market |
➡️ Interpretation:
The Niagara region remains a buyer’s market, but price declines are moderating. Median days on market dropped to 30, indicating that well-priced homes are attracting offers efficiently.
🏡 Single-Family Detached: 1-Storey vs. 2-Storey Benchmarks
Property Type | June 2025 | 1-Month Change | 12-Month Change |
|---|---|---|---|
1-Storey SF | $607,700 | ↓4.0% | ↓5.2% |
2-Storey SF | $670,900 | ↓1.3% | ↓3.0% |
✔️ Detached homes account for the majority of Niagara’s market activity.
✔️ 2-storey homes have seen smaller price adjustments over the past year compared to bungalows.
✔️ Buyers continue to target detached homes below $700,000, where demand remains steady.
🏘️ Municipal Breakdown – 1-Storey & 2-Storey Detached Home Prices
Area | 1-Storey SF | YoY Change | 2-Storey SF | YoY Change |
|---|---|---|---|---|
St. Catharines | $566,600 | ↓13.8% | $628,300 | ↓9.0% |
Niagara Falls | $613,400 | ↓6.7% | $657,200 | ↓5.8% |
Welland | $557,000 | ↓6.3% | $515,400 | ↓2.4% |
Thorold | $562,000 | ↓13.6% | $663,500 | ↓4.4% |
Grimsby | $794,500 | ↓5.2% | $861,000 | ↓7.3% |
Lincoln | $684,400 | ↓5.7% | $825,700 | ↓6.2% |
Pelham | $815,900 | ↓7.9% | $859,000 | ↓4.1% |
Niagara-on-the-Lake | $886,000 | ↓5.1% | $1,114,300 | ↓3.5% |
West Lincoln | $660,900 | ↓6.8% | $726,700 | ↓5.2% |
Fort Erie | $533,100 | ↓3.4% | $538,500 | ↓3.3% |
Port Colborne / Wainfleet | $532,700 | ↓4.1% | $517,200 | ↓5.0% |
🔎 Observations:
St. Catharines and Thorold recorded the steepest annual bungalow price declines.
Higher-end areas like NOTL, Pelham, and Grimsby remain the region’s most expensive detached markets but have softened modestly.
Fort Erie and Port Colborne remain among the most affordable with the most stable prices.
🏘️ Attached Housing: Townhouse & Apartment Trends
Property Type | June 2025 Benchmark | YoY Change | MoM Change |
|---|---|---|---|
Townhouse | $556,200 | ↓10.9% | ↓2.2% |
Apartment | $406,100 | ↓9.0% | ↑0.2% |
➡️ Townhouses and condos remain more price-sensitive and are adjusting more slowly to buyer demand.
➡️ Apartments saw a minor month-over-month increase, but prices remain significantly lower than a year ago.
📈 City-Level Activity – All Property Types
Area | Sales YoY | New Listings YoY | HPI Change |
|---|---|---|---|
Thorold | ↑78.9% | ↑12.7% | ↓0.7% |
West Lincoln | ↑114.3% | ↓8.3% | ↓12.1% |
Welland | ↑16.7% | ↑51.3% | ↓4.9% |
Grimsby | ↑8.0% | ↓1.8% | ↓1.9% |
Niagara Falls | ↑3.0% | ↑22.3% | ↓5.0% |
Pelham | ↑11.5% | ↓15.3% | ↓6.7% |
Port Colborne | ↑12.2% | ↑2.0% | ↓4.4% |
Fort Erie | ↑1.8% | ↓2.6% | ↓3.6% |
Lincoln | ↓11.9% | ↑7.9% | ↓7.9% |
St. Catharines | ↓23.7% | ↓19.2% | ↓7.0% |
Niagara-on-the-Lake | ↓28.1% | ↑8.6% | ↓26.5% |
✔️ Thorold, Welland, and West Lincoln posted significant sales gains, supported by more affordable detached housing.
✔️ Niagara-on-the-Lake and St. Catharines saw declines in sales and prices, reflecting ongoing buyer caution in higher-priced segments.
🔄 Month-over-Month Movement (June vs. May 2025)
Property Type | May 2025 | June 2025 | Change |
|---|---|---|---|
1-Storey SF | $632,900 | $607,700 | ↓4.0% |
2-Storey SF | $680,000 | $670,900 | ↓1.3% |
Townhouse | $568,800 | $556,200 | ↓2.2% |
Apartment | $405,200 | $406,100 | ↑0.2% |
➡️ Detached prices moderated month-over-month, particularly for bungalows.
➡️ Townhouses continued to adjust downward, while apartments saw minimal change.
🧠 Market Insights for Buyers, Sellers, and Investors
📥 Buyers:
Detached homes under $700K represent the strongest value and are seeing the most consistent demand.
Inventory remains healthy in Thorold, Welland, and West Lincoln—ideal for first-time buyers and move-up families.
📤 Sellers:
Detached homes that are well-priced and presented are selling efficiently (median DOM 30 days).
Attached home sellers should lead with competitive pricing and strong marketing, as these segments remain highly competitive.
💰 Investors:
Areas with strong rental demand like Thorold, Welland, and Fort Erie offer promising long-term opportunities.
Lower benchmark pricing in these markets makes rental property acquisition more feasible in today’s financing environment.
✅ The Bottom Line
Detached homes are showing early signs of stabilization. Buyers and sellers are reaching agreements where prices reflect today’s realities.
Townhouses and condos still face affordability challenges and oversupply in certain areas.
The steepest market declines occurred from 2022 to mid-2024. Today’s market is adjusting at a slower, more measured pace.
Buyers continue to hold negotiating power, but desirable homes are moving when priced appropriately.
📬 Want a clear understanding of your home’s market value—or help navigating your next purchase? Text us anytime:
Jas: 905-321-3781
Jon: 289-696-2825
We help you cut through the market noise—so you can make clear, confident real estate decisions.