Niles, MI Housing Market
Market data powered by Zillow Research. Last updated: 2026-04-02
Niles, MI is showing healthy, moderate growth.
- •Steady price growth of 4.0% year-over-year — a balanced market.
- •Price-to-rent ratio: 17.5 — buying and renting are roughly comparable.
Median Home Value
$264,364
ZHVI
Year-over-Year
+4%
Price change
5-Year Change
+35.2%
Since 2021
Median Rent
$1,257/mo
ZORI
Active Listings
442
For sale
State Avg
$254,230
Michigan
Home Value Trends
5-year Zillow Home Value Index for Niles, MI vs. state and national averages.
Rent Data
Median Rent
$1,257/mo
Rent YoY Change
+3.9%
Other Markets in Michigan
Market data provided by Zillow Research. Zillow Home Value Index (ZHVI) and Zillow Observed Rent Index (ZORI) are trademarks of Zillow, Inc.