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Foreclosure Homes in Niles, MI

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Niles, MI Foreclosures

How much do homes sell for in Niles, MI?
The average home price is currently $246,118.
In Niles, MI, how many homes are available?
There are currently 60 active home listings available in Niles.
What’s the average rental cost in Niles, MI?
The average rental price in Niles is $1,360.
What is the most expensive home in Niles?
The most expensive home sold in Niles had a price of $5,872,302.
What is currently the cheapest priced home in Niles, MI?
The cheapest home for sale in Niles is priced at $10,820.

Living in Niles, MI

Niles, MI, is a picturesque city known for its beautiful landscapes and outdoor activities, including hiking and fishing. The community is welcoming, with a blend of historical charm and modern amenities. Its affordability and accessible location near major highways make it a desirable place for families and professionals alike.

Current Market Conditions in Niles, MI

The real estate market in Niles is currently experiencing a steady growth trend, with property prices remaining relatively affordable compared to neighboring areas. This is attracting both first-time home buyers and investors looking for rental opportunities in a stable market.

In recent years, there has been an increase in demand for homes in Niles, spurred by its appealing lifestyle and the ongoing development of local amenities. Investors can expect good returns, as the area continues to draw interest from those seeking a balance between rural tranquility and urban accessibility.

Home Value Estimator For Niles, MI

There are currently 13,124 real estate properties in Niles, MI, with a median automated valuation model (AVM) price of $197,038.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Niles, MI, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Niles, MI, is $246,118.00, with the most expensive house in Niles, MI, topping out at $5,872,302.00 and the cheapest home in Niles, MI, clocking in at $10,820.00. In other words, there’s something for every potential homebuyer or savvy investor in Niles, MI!

Rent Prices In Niles, MI

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Niles, MI, is on a rollercoaster ride. The average rent price in Niles, MI, is $1,360.00. Indeed, when looking to rent in Niles, MI, you can expect to pay as little as $630.00 or as much as $2,840.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Niles, MI -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Niles, MI Foreclosures


Market Trend for Niles, MI

Total Listings Available: 60

Market Values:

Home Prices from $10,820 to $5,872,302

Average Sales Price: $246,118

Rental Values:

Rental from $630 to $2,840

Average Rent Value: $1,360 / month

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