Foreclosure Homes in Niles, MI

Current Market Conditions in Niles, MI

The real estate market in Niles has shown positive growth over the past year, with home values steadily increasing due to the area's livability and accessibility. Currently, it's an excellent time for both buyers and investors as the housing market maintains a healthy balance of demand and inventory.

Many buyers are looking towards Niles for affordable housing options compared to nearby urban areas. This has resulted in a surge of interest in both single-family homes and multi-family units in the region.

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.