Why Live in Little Italy
Little Italy in Niagara Falls, New York, is a neighborhood known for its affordability and diverse population. Housing prices are notably low, with the average list price around $100,000, attracting many who are priced out of larger cities like New York City. The area is conveniently located about five minutes from both Niagara Falls and the Canadian border. The neighborhood, once predominantly Italian, now includes residents from Bangladesh, India, and China, although it still features several Italian restaurants. Homes here are primarily from the early-to-mid 1900s, including Craftsman, Dutch Colonials, and ranch styles, situated on compact lots with mature trees lining the streets.
Local amenities include a variety of retailers along Pine Avenue, such as Save A Lot and Walgreens. Dining options feature long-standing favorites like Fortuna’s for upscale Italian cuisine and Frankie’s Donuts and Pizza for a more casual, old-school diner experience. Niagara Falls State Park, less than 5 miles away, is a major highlight, offering 15 miles of hiking trails, fishing, and nightly fireworks, in addition to its famous waterfalls.
Public schools in the area include Harry F. Abate Elementary, Gaskill Preparatory School, and Niagara Falls High, with the high school having a higher rating and a championship-winning boys’ basketball team. The neighborhood's stable real estate market means homes, if priced right, typically sell within a month.
Frequently Asked Questions
Is Little Italy a good place to live?
Little Italy is a good place to live. Little Italy is considered somewhat walkable and bikeable with some transit options. Little Italy has 6 parks for recreational activities. It is fairly dense in population with 11.9 people per acre and a median age of 38. The average household income is $52,118 which is below the national average. College graduates make up 14.3% of residents. A majority of residents in Little Italy are renters, with 58% of residents renting and 42% of residents owning their home. A
local real estate agent serving Little Italy can help you decide if this neighborhood is the right one for you. Learn more on our
Little Italy neighborhood guide.
How much do you need to make to afford a house in Little Italy?
The median home price in Little Italy is $385,000. If you put a 20% down payment of $77,000 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $2,000 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $86K a year to afford the median home price in Little Italy. The average household income in Little Italy is $52K.
What are the best public schools in Little Italy?
The best public schools that serve Little Italy are:
What are the most popular zip codes in Little Italy, Niagara Falls, NY?
What are the most popular neighborhoods near Little Italy, Niagara Falls, NY?
Are home prices dropping in Little Italy?
Yes, home prices in Little Italy are down 28% in the last 12 months.
Home Trends in Little Italy, NY
On average, homes in Little Italy, Niagara Falls sell after 72 days on the market compared to the national average of 70 days. The median sale price for homes in Little Italy, Niagara Falls over the last 12 months is $375,000, down 6% from the median home sale price over the previous 12 months.
Median Sale Price
$375,000
Median Single Family Sale Price
$350,000
Median 2 Bedroom Sale Price
$374,500
Median 1 Bedroom Sale Price
$280,000
Average Price Per Sq Ft
$245
Number of Homes for Sale
14
Last 12 months Home Sales
135
Median List Price
$385,000
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-6%
