Niles township, MI is an attractive housing market due to its median value of $204,400. This is significantly lower than the US Median Value of $338,100, making Niles a potentially more affordable option for those looking to buy a house. In addition , the 1 year house appreciation in Niles township is 11.06%, which is higher than the US 1 year house appreciation rate of 8.27%. This indicates that there are good prospects for growth in the housing market in Niles township and it could be a great opportunity for those looking to invest in real estate.
The median home cost in Niles township is $204,400. Home appreciation the last 10 years has been 85.3%. Home Appreciation in Niles township is up 19.5%.
Average Age of Homes
- The median age of Niles township real estate is 50 years old
The Rental Market in Niles township
- Renters make up 19.9% of the Niles township population
- 0.0% of houses and apartments in Niles township, 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.