Niles, MI
Housing market overview · Updated weekly
$167,450median sale price
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
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
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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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