Oakwood, Niagara Falls - August 2026 Real Estate Report

Oakwood, Niagara Falls: Your Home Is Worth More Than the City Thinks

The Vibe Right Now

If you live on a quiet street in Oakwood and you have been wondering whether your home value held up this year, the answer is: it depends on what you own. Houses and condos are telling two very different stories right now, and both are worth paying attention to.

Houses - The Comeback Story

Here is the honest picture for Oakwood houses. The average HonestDoor Price sits at $939,788, which is down 9.75% from the previous period. That sounds rough, but hold on - the forward-looking number tells a better story. The predicted market value for houses is $1,041,362, which is already climbing above the 3-month moving average of $934,292. That gap matters. It means the market is not falling - it took a breather and is now pushing back up.

• Average HonestDoor Price: $939,788
• Predicted Market Value: $1,041,362
• 3-Month Moving Average: $934,292
• Recent Value Change: up 7.82%
• Growth Rank: 1 out of 64 neighbourhoods in Niagara Falls
• Estimated Monthly Rent: $4,309
• Rental Yield: 4.66%

That growth rank is the number we keep coming back to. Out of 64 comparable neighbourhoods across Niagara Falls, Oakwood houses rank number one for growth. That is not a participation trophy - that is the neighbourhood leaderboard, and we are sitting at the top. For context, nearby Lundy comes in at $632,806 and Miller sits at $527,389. We are not in the same conversation.

If you own a house here and you are thinking about renting it out instead of selling, the estimated rent of $4,309 per month with a 4.66% rental yield puts Oakwood in solid territory for landlords too.

Condos - Steady, Not Flashy

Condo owners, your market is quieter but it is not broken. The average HonestDoor Price for condos in Oakwood is $425,316, down a modest 3.45%. The predicted value is $440,511, which is already above the 3-month moving average of $419,274. Values are up 2.20% recently, and the growth rank sits at 25 out of 57 neighbourhoods - solidly above average in Niagara Falls.

• Average HonestDoor Price: $425,316
• Predicted Market Value: $440,511
• 3-Month Moving Average: $419,274
• Recent Value Change: up 2.20%
• Growth Rank: 25 out of 57 neighbourhoods in Niagara Falls
• Estimated Monthly Rent: $2,274
• Rental Yield: 3.95%

Nearby Brookfield condos are predicted at $457,934, which is slightly ahead of us. Lundy comes in at $419,897, which is just below. We are right in the middle of the pack for condos - not the cheapest, not the priciest. That kind of stability is actually useful if you are deciding whether to hold or sell.

The Secret Sauce - Why Your HonestDoor Price Beats Your Tax Assessment

Here is the thing about your city assessment: it is a snapshot from the past. The city looks at sale data from a fixed point in time, runs it through a slow process, and mails you a number that may be 12 to 24 months out of date by the time it lands in your mailbox. That number drives your property tax bill, but it has almost nothing to do with what a buyer would actually pay you today.

The HonestDoor Price is updated in real time. It pulls from current sales, current market signals, and current demand. For Oakwood house owners specifically, there is a $101,574 gap between the average HonestDoor Price and the predicted market value right now. If you are making any financial decision - refinancing, selling, even just figuring out if your insurance coverage makes sense - you want the number that reflects today, not last year.

Do not let a stale government assessment be the last word on what your home is worth.

The So What - Should You Sell This Summer?

If you own a house in Oakwood and you have been sitting on the fence, the data is giving you a nudge. Predicted values are climbing, we rank first in the city for house growth, and buyers looking at nearby neighbourhoods will quickly see that Oakwood commands a premium. Lundy and Miller are both significantly cheaper - which means buyers who want Oakwood are specifically choosing Oakwood. That is pricing power.

For condo owners, summer is still a reasonable window. Values are recovering, the rental yield is decent at 3.95%, and sitting at rank 25 out of 57 means you are not in a struggling pocket of the city. If your life situation calls for a move, you are not selling at the bottom.

The bottom line for all of us in Oakwood: check your HonestDoor Price before you do anything else. It takes two minutes and it gives you the real-world number - not the city's best guess from 18 months ago. That is the starting point for any smart conversation with a realtor, a lender, or a buyer.

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.