Niagara County Home Prices & Values

$114,600 Zillow Home Value Index What's This?  
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The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

  • 8.8% 1-year change
  • 2.3% 1-year forecast

The median home value in Niagara County is $114,600. Niagara County home values have gone up 8.8% over the past year and Zillow predicts they will rise 2.3% within the next year. The median list price per square foot in Niagara County is $84, which is lower than the Buffalo Metro average of $98. The median price of homes currently listed in Niagara County is $124,900 while the median price of homes that sold is $119,771.

Foreclosures will be a factor impacting home values in the next several years. In Niagara County 1.1 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in Niagara County is 6.9%, which is lower than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of Niagara County homeowners underwater on their mortgage is 9.0%.

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Relative ZHVI
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Niagara County Market Overview

Data through Aug 31, 2014
  • $114,600 ZHVI
  • 2.3% 1-yr forecast What's This?  
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    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

    (Aug 31, 2015)
  • $124,900 Median listing price
  • $119,771 Median sale price
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Niagara County Market Health

Data through Aug 31, 2014
  • 9.0/10 Very healthy What's This?  
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    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.

  • No recent data Average days on Zillow
  • 9.0% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 6.9% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

1.1 homes Niagara County
4.3 homes United States
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Cities in Niagara County

Name Median ZHVI Name Median ZHVI Name Median ZHVI
Wheatfield $182,000 Pendleton $179,700 Cambria $157,500
Town of Wilson $136,400 South Lockport $129,400 Ransomville $128,300
Olcott $121,400 Town of Newfane $108,700 Town of Lockport $99,500

Listings & Sales

Data through Aug 31, 2014
  • $84 Median list price / sq ft
  • $81 Median sale price / sq ft
  • 46.3% Listings with price cut
17.6%
Sold below listing
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Niagara County Rentals

Data through Aug 31, 2014
Zillow Rent Index What's This?
Close The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more
$1,204 Buffalo Metro
$1,328 United States
  • 1.0 Breakeven horizon What's This?  
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    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more

    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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