Niles, MI Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in Niles, MI is $167,450, down 10.1% year-over-year. Homes sell in an average of 66 days with 27 active listings. The market is currently a balanced market.
$167,450median sale price
Is Niles a buyer's or seller's market?
Niles, MI is currently a balanced market, based on 2.3 months of supply and homes selling in about 66 days. How we determine this →
Homes sold
12
Last 12 weeks
Days on market
66
Average pace
Active listings
27
2.3 months supply
Sale-to-list
94.4%
Below asking
Niles, MI market data
| Metric | Value |
|---|---|
| Median sale price | $167,450 |
| Median list price | $234,500 |
| Year-over-year price change | -10.1% |
| Average days on market | 66 days |
| Active inventory | 27 listings |
| Months of supply | 2.3 months |
| Sale-to-list price ratio | 94.4% |
| Market condition | Balanced market |
Source: Redfin · Updated weekly
The Niles housing market is currently classified as a balanced market with a median sale price of $167,450. Prices have fallen 10.1% compared to last year, with homes spending an average of 66 days on market, indicating 2.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in Niles
There are currently 27 homes listed for sale in Niles, Michigan. The median listing price is $235K.
Active listings
27
Homes on market
Median list price
$235K
Avg. days on market
66
Days until sale
New this week
12
Newly listed
Top public schools in Niles
16 schools tracked · 4,613 students
The largest public schools serving Niles, MI by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Niles Senior High School
Grades 9-12 · 827 students
HowardEllis Elementary School
Grades K-5 · 598 students
Ballard Elementary School
Grades PK-5 · 576 students
Ring Lardner Middle School
Grades 6-8 · 537 students
Eastside Connections School
Grades K-8 · 430 students
Brandywine Senior High School
Grades 9-12 · 378 students
Brandywine Elementary School
Grades 3-6 · 376 students
Merritt Elementary School
Grades PK-2 · 320 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in Niles?
The median home sale price in Niles is $167,450, down 10.1% from last year.
How long do homes stay on market in Niles?
Homes typically spend 66 days on market before going under contract.
Is Niles a buyer's or seller's market?
With 2.3 months of supply, Niles is currently a balanced market.
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