Niles, MI Housing Market 2026: Median Home Price, Last 12 Months

If you invest in or around Niles, the number that matters is what homes actually close for, not what sellers are asking. Here is what Niles sale prices look like right now, built from the closings Resideline tracked over the last 12 months, as of September 2026.

The snapshot

• •Closings tracked, last 12 months: 183
• •Median sold price, last 12 months: $170,000
• •Median sold $/sqft, last 12 months: $127
• •Middle half of sales closed between: $122,500 and $225,500

What the numbers say

Resideline tracked 183 closed sales in Niles over the last 12 months, with a median closing price of $170,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $122,500 and $225,500. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. 97% of the Niles closings we track here are single-family houses, so these figures primarily reflect that segment, and the citywide $/sqft figure primarily reflects that segment as well. Across the 178 closings with usable living area, the middle half sold between $93 and $160 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Niles, MI (September 2026)

The median home price in Niles is $170,000, measured across the 183 closed sales Resideline tracked over the last 12 months. The middle half of those sales closed between $122,500 and $225,500.

Where Niles sale prices land

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Niles over the last 12 months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $122,500 and $225,500. Among the 78 Michigan markets with a published band, Niles's middle-half spread ($122,500 to $225,500) ranks 44th from the narrowest. Where your target property sits inside that spread matters more than the citywide median.

How long a sale takes here

• •Listed to under contract: a median of 24 days, across 100 Niles closings Resideline tracked in the last 12 months
• •Contract to closing: a median of 26 days, across 81 Niles closings Resideline tracked in the last 12 months

The Niles angle

Niles enters Resideline's closed-sale record with 183 tracked closings over the last 12 months and a median closed sale price of $170,000. A midpoint describes the whole market, not any one home: it is simply the price that split tracked closings into an equal upper and lower half. The productive way to use it in Niles is as a frame. Start from closed sales that genuinely resemble your subject, form the estimate there, and then ask whether the distance between your number and $170,000 has an explanation you could say out loud. If it does, trust the comps. If it does not, revisit the comps before you revisit the market.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Niles address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

Source: Resideline Market Watch
Market: Niles, MI
Geography: incorporated municipality, Census place 2657760
Data updated: September 2026
Analysis period: last 12 months
Tracked closings: 183
Median sold price: $170,000
Median sold $/sqft: $127 (178 qualifying)
Property mix: 97% houses
https://resideline.com/blog/niles-mi-housing-market

Writing about this market? Paste this into your post:

<a href="https://resideline.com/blog/niles-mi-housing-market">
  <img src="https://resideline.com/images/embed/niles-mi.png" alt="Niles, MI home sale price distribution, last 12 months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/niles-mi-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Niles over the last 12 months, and is refreshed when the data is. The closings we track within the Niles city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 16% of the 183 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $178,000.