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Welland, Ontario Real Estate Market Report

Niagara, Ontario, Canada · Market data as of

Balanced Market
SellerBalancedBuyer
5.2 mo
Balanced Market

Welland is currently a balanced market with 5.2 months of inventory and a median sale price of $540K. Neither side has a significant edge, so pricing and preparation matter more than timing.

Most market reports are old by the time you read them. Boards publish monthly, usually two weeks after the month closes. Every figure on this page is calculated daily from live MLS data, so you're seeing today's market, not last month's summary.

Based on 760 sales and 371active listings · Data refreshes every morning

BWhat This Means for Buyers

Welland is a balanced market with 5.2 months of inventory. Neither buyers nor sellers have a significant edge.

Homes are averaging 47 days on market — enough time to evaluate, but don't wait for steep discounts.

Focus on finding the right property at a fair price rather than trying to time the market.

SWhat This Means for Sellers

In this balanced market, pricing accurately is the most important factor for Welland sellers.

Homes are selling at 97% of list price — well-priced homes sell close to asking.

10% of homes sold above asking, so there's still competitive activity for the right properties.

Filters apply to statistics and charts below. Other sections show all property types.

0
Active Listings
+1.1% 30d
0
Sold (12 mo)
$0
Median Price
0 days
Avg DOM
-2.6% 30d
0%
SP/LP Ratio
0.0
Months of Inventory
Updated daily
$559K
Average Price
Influenced by outliers
$540K
Median Price
Middle value of all sales
$593K
Benchmark Price
Tracks a typical home (CREA HPI)
$18K
Median Bid Delta
10%
Sold Above Asking
87%
Sold Below Asking

Prices have been trending downward over the past 12 months. Here's how that breaks down across price ranges and time.

Price Trends

$593KBenchmark-7.8% YoY
Prices Trending Down
HPI Trend Median Average
Price trend data: Jun 25: Median $569,950, Average $590,286, HPI Trend $550,374; Jul 25: Median $538,000, Average $554,975, HPI Trend $548,476; Aug 25: Median $570,000, Average $568,393, HPI Trend $553,380; Sep 25: Median $525,000, Average $556,339, HPI Trend $548,159; Oct 25: Median $592,500, Average $586,818, HPI Trend $544,679; Nov 25: Median $495,000, Average $503,477, HPI Trend $538,984; Dec 25: Median $537,500, Average $567,684, HPI Trend $536,611; Jan 26: Median $520,500, Average $545,626, HPI Trend $531,865; Feb 26: Median $497,500, Average $527,111, HPI Trend $527,594; Mar 26: Median $547,500, Average $584,480, HPI Trend $526,486; Apr 26: Median $520,000, Average $530,007, HPI Trend $520,000; May 26: Median $542,000, Average $581,139; Jun 26: Median $573,000, Average $583,544

Price Distribution

Price distribution: $115K–$295K: 22 properties, $295K–$475K: 219 properties, $475K–$655K: 343 properties, $655K–$835K: 118 properties, $835K–$1.0M: 47 properties, $1.0M–$1.2M: 7 properties, $1.2M–$1.4M: 2 properties, $1.4M–$1.6M: 2 properties

Days on Market Distribution

Days on market distribution: 1–7 days: 50 properties, 8–14 days: 130 properties, 15–30 days: 178 properties, 31–60 days: 185 properties, 61–90 days: 116 properties, 90+ days: 100 properties

How fast are homes selling?

Average days on market over time. Lower numbers mean homes are selling faster.

Under 20 = Hot Market Over 60 = Slow Market

How does this month compare?

Month-over-month and year-over-year changes in key metrics.

MetricCurrentLast MonthMoMSame Month Last YearYoY
Median Price$573K$542K+5.7%$570K+0.5%
Sales Count970-87.1%50-82%
Avg DOM5144+15.9%41+24.4%

What's selling?

Breakdown of sales by property type over the past 12 months.

Freehold334 (90%)
Condo33 (9%)
Single Family4 (1%)

The monthly stats tell one story. The daily trajectory tells another — here's how inventory is moving day by day.

Daily Market Trajectory

Updated daily

Most market reports use 30-day rolling averages. By the time you see a shift, it already happened weeks ago. This chart tracks inventory daily so you can spot trajectory changes as they happen.

Under 4 mo = Seller'sOver 6 mo = Buyer's

Speed and competitiveness are two sides of the same coin. Here's how aggressively homes are trading.

How competitive is this market?

Absorption rate and sale-to-list price ratio show how aggressively homes are trading.

Absorption Rate SP/LP Ratio
Dual-axis chart showing absorption rate (area, left axis) and sale-to-list price ratio (line, right axis) over time.

Just Listed

Just Sold

Communities & Neighbourhoods in Welland

Detailed market data for 5 areas within Welland.

Want a Detailed Analysis?

Contact Jeff Chisholm for a personalized market analysis of Welland and surrounding areas.

Jeff Chisholm, Sales Representative
Chisholm Real Estate Team
Direct Realty Ltd., Brokerage

Get in Touch

Top Rated Schools

École secondaire Franco-Niagara
French PublicSecondary
10.0
EQAO /10
Plymouth Public School
PublicElementary
9.7
EQAO /10
St Kevin Catholic Elementary School
CatholicElementary
9.3
EQAO /10
Eastdale Secondary School
PublicSecondary
9.2
EQAO /10
ÉSC Saint-Jean-de-Brébeuf
French CatholicSecondary
9.1
EQAO /10

Source: EQAO provincial assessment results

Market Pulse Score

64
Buyer's Market

Driving factor: Absorption rate (0.2)

MOI
25%
Absorption
20%
SP/LP
20%
DOM
15%
Price Cuts
10%

Frequently Asked Questions

What is the average home price in Welland, Ontario?
The median home price in Welland, Ontario is $540K based on 760 sales over the past 12 months. The average price is $559K. There are currently 371 active listings in Welland.
Is Welland a buyer's or seller's market?
Welland is currently a balanced market with 5.2 months of inventory. The market is balanced, giving neither buyers nor sellers a significant advantage.
How long do homes take to sell in Welland?
Homes in Welland take an average of 47 days to sell (days on market). The median days on market is 34. This is a moderate pace, typical of a balanced market.
What is the months of inventory in Welland?
Welland currently has 5.2 months of inventory, calculated daily from live listing data. Months of inventory measures how long it would take to sell all current listings at the current sales rate. Under 4 months typically indicates a seller's market, while over 6 months indicates a buyer's market.
How much do homes sell above or below asking in Welland?
In Welland, the median sale price is $18K below asking price. 10% of homes sold above asking and 87% sold below asking over the past 12 months. The sale-price-to-list-price ratio is 97%.
What are the real estate market trends in Welland, Ontario?
The Welland real estate market has prices trending downward with a median price of $573K in the most recent month. Prices changed +5.7% compared to the previous month. There were 9 sales in the month with an average of 51 days on market.

Current Mortgage Rates in Ontario

1 year fixed

2.50%

Bank of Canada Posted Rate

3 year fixed

5.19%

Bank of Canada Posted Rate

5 year fixed

6.09%

Bank of Canada Posted Rate

Prime (variable)

2.65%

Posted rates from Bank of Canada · Updated June 5, 2026

Stale

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Jeff Chisholm, Sales Representative, Chisholm Real Estate Team, Direct Realty Ltd., Brokerage

CREA Member
Direct Realty Ltd., Brokerage
MLS Data Provider
RECO Registered
How We Calculate These Statistics

Data source: Statistics are calculated from MLS listing data provided under license from the Canadian Real Estate Association (CREA) and participating real estate boards.

Months of Inventory (MOI):Active listings divided by the monthly sales rate for the selected period (1, 3, 6, or 12 months). Under 4 months generally indicates a seller's market; over 6 months indicates a buyer's market.

SP/LP Ratio: Sale Price to List Price ratio calculated as the median of (sale price / list price) across all sold properties with valid pricing data.

Home Price Index (HPI):CREA's aggregate composite benchmark index tracking price changes for a typical home, adjusted for property mix differences over time.

Update frequency: Data refreshes every 30 minutes via Incremental Static Regeneration (ISR). Daily snapshot metrics update once per day.

Coverage: Includes all residential property types listed on the MLS for Welland and surrounding areas.

Jeff Chisholm, Sales Representative

Chisholm Real Estate Team at Direct Realty Ltd., Brokerage

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Data provided by REintel. Statistics are aggregated from MLS data under license. Reproduction or redistribution of this data is prohibited without written consent. The listing data is deemed reliable but is not guaranteed accurate by the Canadian Real Estate Association (CREA).

REALTOR, REALTORS, and the REALTOR logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS, Multiple Listing Service and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.