Market Update for Smiths Falls

May 21st, 2025

There were 178 homes sold in Smiths Falls in the last 12 months.

The average price was $410,421, up by 7% over the same period last year

Average Prices by Property Type

The average price of a Single-Family home in Smiths Falls is $399,222

The average price of a Bungalow is $455,010

The average price of a Townhouse is $449,785

The average price of a Condo is $248,380


Smith Falls Historical Average House Prices

Historical home prices for Smith Falls going back as far as 2000, with the percent change each year

YEARAVERAGE PRICE% CHANGE
2000$86,567%
2001$90,7774.9%
2002$100,87411.1%
2003$106,5795.7%
2004$119,24811.9%
2005$123,7063.7%
2006$134,1478.4%
2007$138,1573.0%
2008$143,7364.0%
2009$142,250-1%
2010$146,3032.8%
2011$166,24613.6%
2012$157,530-5.2%
2013$167,4396.3%
2014$180,1657.6%
2015$171,323-4.9%
2016$180,5285.4%
2017$176,626-2.2%
2018$204,85016.0%
2019$237,24215.8%
2020$285,41020.3%
2021$405,30642%
2022$454,92612.2%
2023$393,578-13.7%
2024$400,2742%



Smiths Falls Home Evaluation

Smiths Falls Home Evaluation

Sold Listings in Smith Falls

Below are the most recently sold listings in Smith Falls, with the asking and sold prices.

SMITHS FALLS,Smiths Falls,901 - Smiths Falls · 116+ Sold properties
The additional criteria set by the agent cannot be changed
Free account required
New
$ 450,000 List $ 450K Townhome
3 3 Sqft · 1100-1500
1 Staples Boulevard, Lanark, Smiths Falls K7A 0B5
Courtesy of
MLS® X12255705
Free account required
New
$ 465,000 List $ 490K House
4 2 Sqft · 1500-2000
2 Maitland Street, Lanark, Smiths Falls K7A 2K7
Courtesy of
MLS® X12157898
Free account required
New
$ 470,000 List $ 480K House
3+1 2 Sqft · 1100-1500
2 Philip Street, Lanark, Smiths Falls K7A 3L6
Courtesy of
MLS® X12189526
Free account required
New
$ 429,900 List $ 425K House
5 2 Sqft · 3000-3500
53 Elmsley Street N, Lanark, Smiths Falls K7A 2G8
Courtesy of
MLS® X12209352
Free account required
New
$ 400,000 List $ 425K House
3 3 Sqft · 1100-1500
29 Strathcona Street, Smiths Falls, 901 - Smiths Falls K7A 1V8
Courtesy of
MLS® X12220108
Free account required
New
$ 290,000 List $ 315K House
2 1 Sqft · 700-1100
39 Beech Street, Lanark, Smiths Falls K7A 3V7
Courtesy of
MLS® X12194660
Free account required
New
$ 571,800 List $ 575K House
2+2 3 Sqft · 700-1100
225 Wood Avenue, Lanark, Smiths Falls K7A 0B4
Courtesy of
MLS® X12161441
Free account required
New
$ 295,000 List $ 320K House
2 1 Sqft · 1100-1500
9 Lombard Street, Lanark, Smiths Falls K7A 4E8
Courtesy of
MLS® X12121924
Free account required
New
$ 225,000 List $ 235K Condo
2 1 Sqft · 700-799
26 PEARL Street, ##204, Smiths Falls, 901 - Smiths Falls K7A 5B5
Courtesy of
MLS® X12175818
Free account required
New
$ 471,750 List $ 480K Townhome
2 1 Sqft · 700-1100
28 Lee Avenue, Lanark, Smiths Falls K7A 0A2
Courtesy of
MLS® X12194358
Free account required
New
$ 510,000 List $ 530K House
2 2 Sqft · 1100-1500
228 Wood Avenue, Lanark, Smiths Falls K7A 5G8
Courtesy of
MLS® X12145852
Free account required
New
$ 589,000 List $ 590K House
2+2 3 Sqft · 1500-2000
113 Merrick Street, Lanark, Smiths Falls K7A 4R7
Courtesy of
MLS® X12197526
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Property Details

Homes for Sale in Smiths Falls

View all MLS Listings in Smiths Falls

Smiths Falls homes for sale

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