Niles Real Estate
103 active listings · 441 sold in the past 12mo
$280,000
Median List Price
441
Sold (past 12mo)
62
Avg Days on Market
+13.3%
HFGⓘ
Household Formation Gap (HFG) is a secondary market indicator that measures hidden housing demand created by shrinking household sizes. As average household size decreases — due to divorce, single living, empty nesting, delayed marriage — more housing units are needed even without population growth. HFG compares the estimated number of households needed today versus 15 years ago: (population ÷ avg household size). This is a demographic trend signal, not a primary market indicator like income-based affordability or comparative market analysis. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates (2009–2023), Tables B01003, B25010, B25001.
Your Niles Realtor
Alexander Munro
Broker of Record · MI License #6502405404
Direct-to-broker representation for buyers and sellers in Niles and across Southeast Michigan. No team handoffs, no junk fees, full media included on every listing. Research-first approach grounded in MLS, public records, and on-the-ground knowledge of the local market.
Active Listings
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Homes for Sale(103)
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For Sale
1/35
$2,199,000
32170 Bent Oak Trail, Niles, MI 49120
5 bd5 ba8,434 sqft1.51 ac
Single Family

For Sale
1/42
$1,779,000
2325 Portage Road, Niles, MI 49120
9 bd7 ba7,396 sqft6.24 ac
Single Family

For Sale
1/66
$1,700,000
3255 Yankee Street, Niles, MI 49120
5 bd5 ba4,410 sqft51.77 ac
Single Family

For Sale
1/23
$1,450,000
71234 Rolling Ridge Court, Niles, MI 49120
4 bd4 ba2.14 ac
Single Family

For Sale
1/10
$1,299,900
2647 Lake Shore Drive, Niles, MI 49120
4 bd3 ba4,368 sqft0.66 ac
Single Family

For Sale
1/55
$1,299,900
1872 Barron Lake Road, Niles, MI 49120
5 bd4 ba3,503 sqft0.75 ac
Single Family

For Sale
1/54
$1,299,000
50.75 Weiser Road, Niles, MI 49120
4 bd1 ba4,364 sqft50.75 ac
Single Family

For Sale
1/53
$1,290,000
1256 Barron Lake Road, Niles, MI 49120
3 bd4 ba3,284 sqft1.38 ac
Single Family

For Sale
1/85
$1,149,000
1920 High Mdw S, Niles, MI 49120
5 bd4 ba5,558 sqft0.79 ac
Single Family

For Sale
1/9
$1,095,000
32898 Bertrand Street, Niles, MI 49120
3 bd1 ba67.38 ac
Single Family

For Sale
1/57
$1,075,000
48 Longmeadow Lane, Niles, MI 49120
5 bd4 ba5,360 sqft16.65 ac
Single Family

For Sale
1/25
$942,936
31972 Heritage Place, Niles, MI 49120
4 bd4 ba2,889 sqft2.73 ac
Single Family

For Sale
1/43
$899,000
2160 Portage Road, Niles, MI 49120
3 bd3 ba2,940 sqft14.38 ac
Single Family

Under Contract
1/32
$874,900
30166 Lloyd Lane, Niles, MI 49120
6 bd5 ba3,306 sqft6.35 ac
Single Family

For Sale
1/70
$874,900
30938 Redfield Street, Niles, MI 49120
3 bd3 ba4,061 sqft11.88 ac
Single Family

For Sale
1/92
$840,000
70037 Winding Pines Parkway, Niles, MI 49120
4 bd4 ba3,438 sqft4.40 ac
Single Family

For Sale
1/46
$749,000
71474 Stags Leap Court, Niles, MI 49120
4 bd4 ba4,663 sqft0.70 ac
Single Family

Under Contract
1/52
$729,000
4561 River Pointe Boulevard, Niles, MI 49120
4 bd3 ba3,097 sqft1.96 ac
Single Family

For Sale
1/50
$599,000
71370 Forest Eagle Lane, Niles, MI 49120
4 bd4 ba3,317 sqft0.91 ac
Single Family

Under Contract
1/72
$595,800
2431 Pritchard Drive, Niles, MI 49120
5 bd3 ba2,979 sqft1.90 ac
Single Family

For Sale
1/42
$559,000
1614 Cedar Point Drive, Niles, MI 49120
4 bd1 ba1,874 sqft2.83 ac
Single Family

For Sale
1/33
$550,900
1209 Morris Drive, Niles, MI 49120
3 bd2 ba2,074 sqft5.02 ac
Single Family

For Sale
1/38
$519,000
17 Longmeadow Lane, Niles, MI 49120
5 bd3 ba3,331 sqft0.56 ac
Single Family

For Sale
1/53
$509,000
201 Scenic View Drive, Niles, MI 49120
4 bd3 ba2,461 sqft0.95 ac
Single Family
Recently Sold(441)
Frequently Asked Questions about Niles
How many homes are for sale in Niles?
Buyers in Niles can choose from 103 active listings. The median asking price is $280,000.
How much do homes cost in Niles?
The median sale price in Niles is $280,000, based on 441 closed sales over the past 12 months.
How long do homes stay on the market in Niles?
Homes in Niles sell in an average of 62 days, based on 441 sales over the past 12 months.
What schools are in Niles?
Multiple school districts may serve Niles. Michigan school district boundaries are independent of city borders. The school district for a specific property depends on its exact location within the city.
What are market conditions like in Niles?
Niles is currently a seller's market, with 2.8 months of supply. That ratio comes from 103 active listings relative to 441 sales per year.
How much are property taxes in Niles?
Property taxes in Niles are based on a property's State Equalized Value (SEV), which is roughly 50% of market value, multiplied by the local millage rate. Homestead properties (primary residences) receive a lower rate than non-homestead. Tax bills are split into summer and winter installments.
Is housing demand growing in Niles?
Per U.S. Census ACS data, Niles has a +13.3% Household Formation Gap over the past 15 years. Average household size decreased from 2.47 to 2.27, creating demand for approximately 611 additional housing units even as population grew 4.1%. HFG is a secondary market indicator — it reflects demographic trends, not a primary measure like income-based affordability.