All Home Types
Niles, MI Housing Market
What is the housing market like in Niles today?
In August 2024, Niles home prices were down 14.7% compared to last year, selling for a median price of $157K. On average, homes in Niles sell after 31 days on the market compared to 30 days last year. There were 23 homes sold in August this year, up from 19 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$157,000
-14.7% YoY | Aug 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Aug 2024
Growth
% YoY
Niles, MI
$157,000
-14.7%
United States
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Niles Migration & Relocation Trends
In Jul '24 - Sep '24, 55% of Niles homebuyers searched to move out of Niles, while 45% looked to stay within the metropolitan area.
- Across the nation, 0.37% of homebuyers searched to move into Niles from outside metros.
- Chicago homebuyers searched to move into Niles more than any other metro followed by Indianapolis and Detroit.
Where are people moving to Niles from?
- 45% of Niles homebuyers searched to stay within the Niles metropolitan area.
- Sarasota was the most popular destination among Niles homebuyers followed by Rockford and Cape Coral.
Where are people from Niles moving to?
Number of People Moving to Niles
least
most
People are moving to Niles from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Jul '24 - Sep '24 | ||
| 1 | 1,737 | ||
| 2 | 181 | ||
| 3 | 88 | ||
| 4 | 47 | ||
| 5 | 46 | ||
| 6 | 44 | ||
| 7 | 36 | ||
| 8 | 30 | ||
| 9 | 24 | ||
| 10 | 23 | ||
People are leaving Niles for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Jul '24 - Sep '24 | ||
| 1 | 29 | ||
| 2 | 23 | ||
| 3 | 21 | ||
| 4 | 15 | ||
| 5 | 11 | ||
| 6 | 7 | ||
| 7 | 4 | ||
| 8 | 4 | ||
| 9 | 4 | ||
| 10 | 3 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
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