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Preforeclosure Homes in Niles, MI

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Living in Niles, MI

Niles, Michigan, is a small but vibrant community known for its friendly atmosphere, scenic parks, and a strong sense of community. With a variety of local amenities, recreational activities, and convenient transportation options, Niles appeals to families and retirees alike. The city’s rich history enhances its charm, making it a desirable place to live in southwest Michigan.

Current Market Conditions in Niles, MI

The real estate market in Niles is showing signs of stability and gradual growth. Home prices have experienced a moderate increase over the past year, indicating a healthy demand for properties. The area remains attractive due to its affordability compared to nearby cities, appealing to first-time homebuyers and investors.

Concurrent with national trends, Niles is witnessing a rise in interest for suburban living as more people seek homes with outdoor space and community charm. The city's reasonable price point, combined with an increase in remote work flexibility, makes it an appealing location for individuals and families looking to relocate.

Home Value Estimator For Niles, MI

There are currently 13,127 real estate properties in Niles, MI, with a median automated valuation model (AVM) price of $204,765.00. 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 $255,036.00, 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 $11,432.00. 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 Preforeclosure Homes


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