Smiths Falls real estate market report

Real Estate Stats & Sold House Prices in Smiths Falls

Statistics for the last 90 Days ending April 16, 2024 in Smiths Falls

There were 31 homes sold in Smiths Falls in the last 3 months, with an average price of $365,760, that's a decrease of 6.8% over this same period last year, and includes all house types.

Related PageHomes for Sale in Smiths Falls

Statistics for 2023 in Smiths Falls

There were 158 homes sold in Smiths Falls in 2023, with an average price of $390,731, that's a decrease of 14.1% over the previous year, this includes all house types.

Smiths Falls Historical Home Prices, with Percentage change over Previous Year.

Year # Sales Average Price % Change
2000 88 $86,567  
2001 125 $90,777 4.9%
2002 100 $100,874 11.1%
2003 142 $106,579 5.7%
2004 128 $119,248 11.9%
2005 166 $123,706 3.7%
2006 212 $134,147 8.4%
2007 204 $138,157 3%
2008 202 $143,736 4%
2009 227 $142,250 -1%
2010 175 $146,303 2.8%
2011 180 $166,246 13.6%
2012 208 $157,530 -5.2%
2013 167 $167,439 6.3%
2014 145 $180,165 7.6%
2015 169 $171,323 -4.9%
2016 164 $180,528 5.4%
2017 160 $176,626 -2.2%
2018 206 $204,850 16%
2019 196 $237,242 15.8%
2020 216 $285,410 20.3%
2021 288 $405,306 42%
2022 167 $454,926 12.2%
2023 158 $390,731 -14.1%

About Smiths Falls

If you don't mind driving a little farther out of town, then consider one of these homes for sale in Smiths Fall, founded in 1783 on land granted to United Empire Loyalist, Thomas Smyth, where you can afford a much larger house than you might in downtown Ottawa. While historic houses might be your pleasure, there are also newer homes, condos for those wanting the latest amenities.

It's a small town feel with the convenience of nearby Ottawa. Travel west from Ottawa, past Carleton Place, then south about 72 km or 50 minutes, and you're in the Town of Smiths Falls - similar distance as Perth is from Ottawa. The Rideau Canal runs right through the town, with four locks. While you're exploring the area, another lovely town of Merrickville is just east, Brockville is 50 km south-east and Kingston is 95 km south-west. 

While it's in the Census division for Lanark County from, Smiths Falls is separate from the total at 9,254 residents as of 2021, 5.4% more than in 2016.

Smiths Falls is on the Rideau Canal system for recreational boating and is a major railway junction point, receiving regular passenger service to Ottawa and Toronto from VIA Rail. They also have an airport for general aviation called Smiths Falls-Montague Airport.

One of the best known manufacturers of the area was The Hershey Company from 1963 to 2008 when they closed their doors to open a factory in Mexico to take advantage of cheaper labour. In 2014, the former Hershey chocolate facility was purchased by Tweed Marijuana Inc., known publicly as Canopy Growth Corporation or WEED on the Toronto Stock Exchange, and has created over 750 jobs.

Ironically, Canopy Growth Corp. has commenced the production of cannabis infused chocolate edibles, bringing the flow of chocolate back to the area. The public can tour the Tweed facility to learn about the history, science and culture of cannabis.

Professional Golfer, Brooke Henderson, was born in Smiths Falls, as were a number of former NHL Hockey players.

The town is home to the Junior A hockey team Smiths Falls Bears that play in the Central Canada Hockey League, and the Canadian Premier Junior Hockey League that operates throughout Ontario and Western Quebec. Minor and adult leagues are in abundance for those who enjoy baseball, volleyball, basketball, soccer, ball hockey and hockey. Next to the Rideau River is Lower Reach, providing access to baseball diamonds, play structures, soccer fields and a splash pad.

The Rideau Trail passes through Smiths Falls and operates year-round, providing residents with the opportunity for scenic walking and hiking, snowshoeing and backcountry.

Public Education is managed by the Upper Canada District School Board and Catholic Education is under the Catholic District School Board of Eastern Ontario. Students wishing to attend a Catholic high school are bussed to Perth.

Public Schools include: Duncan J. Schoular Public School, Chimo Elementary School, Smiths Falls District Collegiate Institute; Catholic Schools include: St. Francis de Sales Catholic Elementary School (French Immersion optional), St. Luke's Catholic High School (alternative school).

The Perth and Smiths Falls District Hospital serves both communities in a state-of-the-art facility.

Must Experience:

  • Tweed Visitor Centre - history, science and culture of cannabis (plan 1-2 hours)
  • Railway Museum of Eastern Ontario - national historic site set on 10 acres of land
  • Rideau Canal Visitor Centre - practical overview of the UNESCO Rideau Canal System
  • Cataraqui Trail - 104 km trail beside former Canadian National Railway line to walk, cycle, horse-back ride, snowmobile

Best Rated Restaurants on Trip Advisor:

  • My Place Restaurant - European (no alcohol)
  • Matty O'Shea's Pub and Restaurant
  • Country Diner Restaurant - great local cooking
  • C'est Tout Bakery
  • Boomtown Fusion Eatery - Italian, Indian, Sri Lankan, Canadian cuisine
  • The Vault Eatery and Pub
  • Milano Pizzeria

Keep an eye on the real estate activity in Smiths Falls, set up a Market Report and as new listings come up, you'll see them right away and see the average price for all homes that are listed.