Niles, NY is a great place to consider buying a home. The median value of a house in Niles is $228,800, which is significantly lower than the US median at $338,100. Additionally, the one-year appreciation for homes in Niles has been 10.17%, higher than the US average of 8.27%. This makes this an attractive area to buy a house that will appreciate in value quickly and with more financial advantage than other areas of the country.
The median home cost in Niles is $228,800. Home appreciation the last 10 years has been 64.8%. Home Appreciation in Niles is up 18.0%.
Average Age of Homes
- The median age of Niles real estate is 44 years old
The Rental Market in Niles
- Renters make up 5.0% of the Niles population
- 0.0% of houses and apartments in Niles, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.