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Featured local agent — Niles, OH
Sarah Mitchell
Compass Real Estate · Niles, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Niles, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$130,225median sale price
How is the Niles, OH housing market right now?
The median home sale price in Niles, OH is $130,225, down 20.8% year-over-year. Homes sell in an average of 24 days with 29 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Niles a buyer's or seller's market?
Niles, OH is currently a seller's market, based on 1.8 months of supply and homes selling in about 24 days. How we determine this →
Homes sold
16
Last 12 weeks
Days on market
24
Average pace
Active listings
29
1.8 months supply
Sale-to-list
96.4%
Below asking
What does the Niles housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $130,225 |
| Median list price | $163,950 |
| Year-over-year price change | -20.8% |
| Average days on market | 24 days |
| Active inventory | 29 listings |
| Months of supply | 1.8 months |
| Sale-to-list price ratio | 96.4% |
| Median price per sq ft | $103/sq ft |
| Homes sold (latest month) | 16 |
| New listings (latest month) | 18 |
| Listings with a price cut | 31.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Niles by property type?
How the Niles, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $139,950 | $109/sq ft | 13 | 11 days |
| Condo / Co-op | $90,000 | $75/sq ft | 1 | 383 days |
Source: Redfin · Updated monthly
The Niles housing market is currently classified as a seller's market with a median sale price of $130,225. Prices have fallen 20.8% compared to last year, with homes spending an average of 24 days on market, indicating 1.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.8x provides context for how home values compare to local earning capacity.
Homes for sale in Niles
There are currently 29 homes listed for sale in Niles, Ohio. The median listing price is $164K.
Active listings
29
Homes on market
Median list price
$164K
Avg. days on market
24
Days until sale
New this week
18
Newly listed
Who lives in Niles?
Population
18,301
Median income
$49,987/yr
Median age
42.1 years
Owner-occupied
55.9%
College grads
20.2%
Avg commute
21 min
Source: U.S. Census Bureau ACS
What are homes worth in Niles?
Zillow home value
$138,982
Zillow rent index
$876/mo
Price-to-rent ratio
13.2x
Price-to-income
2.8x
Source: Zillow Research
What is it like to live in Niles?
Niles is a community of approximately 18K residents with a median age of 42.1 years.The median household income is $49,987, which represents a working-class community with solid middle-income opportunities. 20.2% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 55.9%, showing a blend of owner and renter-occupied properties. The average commute time is 21 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Niles offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Niles?
5 schools tracked · 2,125 students
The largest public schools serving Niles, OH 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.
McKinley High School
Grades 9-12 · 579 students
Niles Middle School
Grades 6-8 · 473 students
Niles Primary School
Grades PK-2 · 466 students
Niles Intermediate School
Grades 3-5 · 443 students
Niles Preparatory Academy
Grades K-6 · 164 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Niles, OH?
Want a head-to-head view? Compare Niles side-by-side with any other U.S. city using our market-comparison tool.
Is Niles a good real estate investment market?
For investors evaluating Niles, the price-to-rent ratio of 13.2x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has softened 20.8% year-over-year, potentially creating entry opportunities for strategic buyers.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Niles's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Niles's median home price.
Frequently asked questions
What is the average home price in Niles?
The median home sale price in Niles is $130,225, down 20.8% from last year.
How long do homes stay on market in Niles?
Homes typically spend 24 days on market before going under contract.
What is the median income in Niles?
The median household income is $49,987 per year.
Is Niles a buyer's or seller's market?
With 1.8 months of supply, Niles is currently a seller's market.
What is the Zillow home value estimate for Niles?
The Zillow Home Value Index (ZHVI) for Niles is $138,982, representing the typical home value in the area.
What is the median condo price in Niles?
The median condo/co-op sale price in Niles, OH is $90,000, compared to $139,950 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Niles?
The median single-family home price in Niles, OH is $139,950 (about $109 per square foot).
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