Lundy, Niagara Falls - October 2026 Real Estate Report
Lundy, Niagara Falls: Here's What Your Home Is Actually Worth Right Now
If you've been glancing at your property tax notice and wondering if it still reflects reality, the short answer is: probably not. Here's the real picture for Lundy homeowners in 2024.
The Vibe: Houses vs. Condos in Lundy
The two markets in our neighbourhood are telling very different stories right now, and it matters which one you're in.
Houses: The average HonestDoor Price for a house in Lundy sits at $616,528, down about 2% from the previous period. The predicted market value comes in a touch higher at $629,455, but that number is also slipping - it's down from a 3-month moving average of $634,161. So yes, house prices here are taking a breather. That said, we're holding our own. On the neighbourhood leaderboard for growth, Lundy houses rank 21 out of 64 comparable neighbourhoods in Niagara Falls. That's above average. We're not leading the pack, but we're not at the back either.
Condos: This is where things get interesting. The average HonestDoor Price for a condo in Lundy is $431,980 - up 5.84% from the previous period. That's a real jump. The predicted market value is $408,137, which is below the 3-month moving average of $418,892, so there's some short-term softness. Condo growth ranks 34 out of 57 neighbourhoods in Niagara Falls, placing us in the below-average tier for now. The condo market here is a bit of a mixed signal - strong appreciation over the period, but recent momentum has cooled.
- House HonestDoor Price: $616,528 (down 2.05%)
- House predicted value: $629,455
- House 3-month moving average: $634,161
- House rental estimate: $2,986/month | Rental yield: 5.38%
- House Airbnb estimate: $148/night
- House growth rank: 21 out of 64 in Niagara Falls (above average)
- Condo HonestDoor Price: $431,980 (up 5.84%)
- Condo predicted value: $408,137
- Condo 3-month moving average: $418,892
- Condo rental estimate: $2,221/month | Rental yield: 4.01%
- Condo Airbnb estimate: $111/night
- Condo growth rank: 34 out of 57 in Niagara Falls (below average)
How Does Lundy Stack Up Against the Neighbours?
For houses, Oakwood is pricing higher at $695,038 and Brookfield at $662,193. Munro comes in below us at $576,645. Lundy sits comfortably in the middle of that range - not the cheapest, not the priciest. For condos, Brookfield is in a completely different league at $658,525, while Oakwood ($333,168) and Munro ($416,896) are both below us. Our condo market is actually well-positioned relative to most nearby options.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here's the thing about government assessments - they're snapshots from the past. By the time that number lands in your mailbox, the market has already moved. The HonestDoor Price is updated in real time, pulling from actual sales data and current market signals. For Lundy house owners, that means knowing you're sitting at $616,528 today - not whatever figure was locked in during the last assessment cycle. For condo owners who've seen a 5.84% bump, that gap between your assessment and your real value could be significant money left on the table if you don't know about it. Check your HonestDoor Price before you make any decisions. It's the difference between guessing and knowing.
The "So What?" - Thinking About Selling This Summer?
For house sellers: the market is softer than it was a few months ago, but Lundy is still ranked above average in Niagara Falls. Buyers are still out there. A 5.38% rental yield on houses also means investors are paying attention to this street - that's a real pool of potential buyers beyond just families looking to move in. Price it right and you'll find traction.
For condo sellers: the recent dip in predicted value (-4.78%) is worth watching. If you were thinking about listing, sooner is likely better than later while the 5.84% period gain is still fresh. Waiting to see if the market recovers could mean giving back some of that appreciation.
For everyone: Lundy's Airbnb numbers are solid - houses rank 40th in Niagara Falls for short-term rental potential at $148/night. That's a real talking point if you're marketing to investors. Use it.
Bottom line - Lundy is a steady neighbourhood in a market that's recalibrating. Know your real number, price with confidence, and don't let an outdated assessment be the reason you leave money behind.
lundy | niagara falls | october 2026This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.