Housing in Niles, MI
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$173,000
Median List Price
$177,450
Price Per Sq Ft
$145
Days on Market
50
Active Inventory
29
Months of Supply
3.2
Seller's market
Zillow Home Value
$195,151
ZHVI — January 2026
Zillow Rent Index
$1,148
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
11.1%
Off Market in 2 Weeks
30.0%
Sale-to-List Ratio
98.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
9
New Listings
8
Pending Sales
10
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$145
Median List $/SF
$125
Niles vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 10,000 - 25,000 residents. Niles is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$115,400
Median Rent
$869
Total Housing Units
5,471
Vacancy Rate
6.4%
Owner Occupied
62.9%
Renter Occupied
37.1%
Median Property Tax
$1,504
per year
Monthly Cost (w/ Mortgage)
$757
Housing Types
The current median sale price in Niles, MI is $173,000 according to Redfin data. Homes spend a median of 50 days on the market. 11.1% of homes sold above asking price. The market has 3.2 months of supply. The median price per square foot is $145. Zillow's observed rent index is $1,148/month. About 62.9% of housing units are owner-occupied. The median year homes were built is 1954. There are 5,471 total housing units.