N E C East, Niagara Falls - September 2026 Real Estate Report

N E C East, Niagara Falls: Prices Are Sliding - Here Is What Your Home Is Actually Worth Right Now

The Vibe - What Is Happening on Our Streets

If you have been watching the "For Sale" signs in N E C East lately, here is the honest picture. Both houses and condos are taking a breather. Values are down, and the numbers are clear about it. But the story is different depending on what you own, so let us break it down.

Houses in N E C East

The average HonestDoor Price for a house here sits at $766,375 - down 7.70% from the previous period. The predicted market value is $830,322, and that number is sliding too, coming in below the 3-month moving average of $839,199. So the trend is pointing one direction right now, and it is not up.

On the neighbourhood leaderboard, our houses rank 50 out of 63 neighbourhoods in Niagara Falls for growth. That puts us in below-average territory. Not the bottom, but not a place to sit back and assume values will recover on their own.

The silver lining? If you own a house here and you are renting it out, the numbers still work. Estimated rent is $3,467 per month with a rental yield of 5.02%. That is a strong return. The average rental estimate also comes in at $3,285 per month. For investors, this neighbourhood still makes sense on paper.

• Average HonestDoor Price - $766,375
• Predicted Market Value - $830,322
• 3-Month Moving Average - $839,199
• Recent Value Change - down 7.70%
• Estimated Monthly Rent - $3,285 to $3,467
• Rental Yield - 5.02%
• Airbnb Estimate - $163 per night
• Growth Rank - 50 out of 63 in Niagara Falls

For context, nearby Calaguiro averages $1,316,901 and Hyott sits at $1,040,323. N E C East is the more affordable entry point in this part of the city. Olden, at $706,237, is the only nearby neighbourhood priced lower for houses.

Condos in N E C East

Condos here are in a tougher spot. The average HonestDoor Price is $288,571 - down 0.52% from the previous period, which sounds small, but the predicted market value of $290,089 is already sitting below the 3-month moving average of $299,389. The recent value change is down 5.49%. That is a real dip in a short window.

On the leaderboard, condos rank 53 out of 56 comparable neighbourhoods in Niagara Falls. That puts us near the bottom of the pack for condo growth. Every nearby neighbourhood - Olden at $375,688, Hyott at $429,833, and Gauld at $500,943 - is priced higher than us. If you own a condo in N E C East, you are in one of the most affordable pockets in the area, but affordability right now is partly a reflection of softer demand.

Rental yield for condos comes in at 4.21%, which is moderate. Estimated rent is around $1,556 to $1,561 per month. Not a home run for investors, but not a loss either.

• Average HonestDoor Price - $288,571
• Predicted Market Value - $290,089
• 3-Month Moving Average - $299,389
• Recent Value Change - down 5.49%
• Estimated Monthly Rent - $1,556 to $1,561
• Rental Yield - 4.21%
• Airbnb Estimate - $77 per night
• Growth Rank - 53 out of 56 in Niagara Falls

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment Right Now

Here is the thing about your city assessment. It is a snapshot from the past. It does not know that N E C East house values dropped 7.70% recently. It does not know the 3-month trend is pointing down. It is working with old data, and in a shifting market, old data can cost you real money.

The HonestDoor Price is updated in real time. It reflects what is actually happening on our streets right now - not what was happening two or three years ago when the city last looked. If you are making any decision about your property - selling, refinancing, even just understanding what you actually own - the HonestDoor Price is the real-world check you need. Your tax assessment is a government document. The HonestDoor Price is what a buyer would actually pay today.

In a market that is moving, that difference is not small. It can be tens of thousands of dollars.

The So What - Should You Sell in N E C East This Summer?

If you are a house owner thinking about listing this summer, the honest answer is: do not wait for values to bounce back on their own. The trend is down, the growth rank is below average, and nearby neighbourhoods with higher price points give buyers options. That does not mean you cannot sell well - it means you need accurate pricing from the start. Overpricing a softening market is the fastest way to sit on a listing all summer.

If you own a condo here, the picture is harder. You are near the bottom of the growth leaderboard and priced below every comparable nearby neighbourhood. A well-priced, well-presented condo can still move - but the margin for error is smaller. Know your real number before you list.

For anyone holding and renting, the yields are still working - especially on the house side at 5.02%. If selling is not urgent, the rental income case is solid while you wait to see where the market settles.

Bottom line: check your HonestDoor Price today. Not your assessment. Not a guess. The real number - so you can make a real decision.

This 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.