Niagara County, New York Housing Market
In Niagara County, New York, the median home value is $189,800, with a median monthly rent of $899. This places Niagara County at #1517 nationally out of 3134 counties by median home value, and #31 within New York.
📈 Price Trend (2017 → 2024)
📊 Recent Market Momentum (FHFA HPI)
FHFA House Price Index — All-Transactions, Annual (2000 = 100) · Latest: 2025
📍 Economic Snapshot
Employment & Wages
- Avg weekly wage: $1,061
- Establishments: 4,716
- BLS QCEW, 2025
Housing Supply
- Single-family: 236
- Multi-family: 35
- U.S. Census Bureau, Building Permits Survey
Migration Patterns
- Inflow: 91,944 (avg $69,538)
- Outflow: 89,495 (avg $69,757)
- IRS Statistics of Income
📍 Sub-Market Activity
Top 10 active ZIP codes in Niagara County · Latest: 2025
| # | ZIP Code | HPI | YoY Change | Latest Year |
|---|---|---|---|---|
| 1 | 14301 | 279.5 | +26.96% | 2025 |
| 2 | 14174 | 301.3 | +19.94% | 2025 |
| 3 | 14172 | 326.9 | +20.20% | 2025 |
| 4 | 14131 | 239.6 | -9.02% | 2025 |
| 5 | 14067 | 258.1 | +5.75% | 2025 |
| 6 | 14120 | 299.9 | +8.18% | 2025 |
| 7 | 14132 | 299.7 | +6.96% | 2025 |
| 8 | 14094 | 279.3 | +5.09% | 2025 |
| 9 | 14304 | 290.5 | +5.95% | 2025 |
| 10 | 14092 | 290.4 | +5.71% | 2025 |
Source: FHFA HPI for Five-Digit ZIP Codes (All-Transactions Index, 2000 = 100).
This product uses FHFA Data but is neither endorsed nor certified by FHFA.
How Niagara County Compares
| Metric | Niagara County | New York Average | U.S. Average |
|---|---|---|---|
| Median Home Value | $189,800 | $281,200 | $227,706 |
| Median Gross Rent | $899 | $1,168 | $968 |
| Owner Occupancy Rate | 71.2% | 69.3% | 73.3% |
| Price/Rent Ratio | 17.6 | 18.4 | 18.7 |
Market Analysis
The median home value in Niagara County is 32.5% below the New York state average and 16.6% below the U.S. national average. The median rent of $899/month is 23.0% below the state average.
With a price-to-rent ratio of 17.6, the buy-vs-rent decision in Niagara County is balanced. Whether buying or renting makes more sense depends on your time horizon, down payment capacity, and local market conditions.
Niagara County has an owner-occupancy rate of 71.2%, compared to 69.3% in New York and 73.3% nationally. This indicates a more renter-heavy market than the U.S. average.
Similar Counties by Home Value
| County | State | Median Home Value | Median Rent |
|---|---|---|---|
| Pulaski County | Missouri | $189,800 | $1,112 |
| Auglaize County | Ohio | $189,800 | $868 |
| Milam County | Texas | $189,800 | $984 |
| Polk County | Nebraska | $189,900 | $681 |
| Wharton County | Texas | $189,900 | $1,046 |
Other Counties in New York
| County | Median Home Value | Median Rent | Owner Occ. |
|---|---|---|---|
| Jefferson County | $188,200 | $1,213 | 54.7% |
| Schoharie County | $192,500 | $909 | 76.4% |
| Yates County | $184,700 | $834 | 77.2% |
| Madison County | $184,600 | $928 | 78.3% |
| Washington County | $196,200 | $1,033 | 76.6% |
Data Source: U.S. Census Bureau, American Community Survey (ACS) 2024 5-Year Estimates (2017–2024). Variables: B25077 (Median Home Value), B25064 (Median Gross Rent), B25003 (Tenure). Data collected on 2026-10-13. The price-to-rent ratio is calculated as Median Home Value ÷ (Median Monthly Rent × 12).