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A view of downtown Niles from SLR pilates studioPhoto: Robert Franklin · CC BY 4.0
Housing in Niles Township

438 homes sold in Niles Township in the last year, at a typical $225K

Redfin reports Niles Township’s sales by ZIP code, so these figures are for ZIP 49120, which takes in Niles Township and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Niles Township homes are listed.

Homes for sale in Niles TownshipZillowRealtor.comMore places to look ↓
Homes sold
438
ZIP 49120 · October 2025 to September 2026
Typical sale price
$225K
houses $214K · condos $253K (year to May 2026)
Price per square foot
$153
Michigan $168
Paid vs. asking
97.9%
25% sold over asking
For sale now
136
September 2026 · 40 sold that month
What sold · last 12 months · ZIP 49120

3% of Niles Township’s sales are condos, at $39K more than a house

389 houses and 14 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.

Houses$214K

typical sale · 389 sold in the year to May 2026

Per square foot
$153MI $172
Days to sell
43
Sold over asking
23%
Condos$253K

typical sale · 14 sold in the year to May 2026

Per square foot
$183MI $190
Days to sell
100
Sold over asking
14%
14 years of sales

About as many homes sell as usual, at 2.5 times the 2016 price

438 sales in the last year, against 569 in 2021 and a low of 336 in 2012. The typical sale went from $89K in 2016 to $225K.

Homes soldTypical sale price
0150300450600$75K$150K$225K$300K2012: 336 sold, typical $64K’122013: 429 sold, typical $76K2014: 424 sold, typical $75K’142015: 482 sold, typical $83K2016: 499 sold, typical $89K’162017: 529 sold, typical $95K2018: 538 sold, typical $107K’182019: 549 sold, typical $122K2020: 511 sold, typical $139K’202021: 569 sold, typical $149K2022: 538 sold, typical $168K’222023: 477 sold, typical $189K2024: 475 sold, typical $184K’242025: 414 sold, typical $201KLast 12 months: 438 sold, typical $225KNow

Source: Redfin Data Center, MLS sales; for ZIP 49120, which takes in Niles Township and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.

What your budget buys

What $200K buys in Niles Township

Houseat $153 a sq ft, year to May 2026
Condoat $183 a sq ft, year to May 2026
The same money in Michiganat $172 a sq ft, year to May 2026

Is this asking price fair?

Check a listing against what Niles Township homes sold for

Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.

What the sales history says · 14 years of sales

Bidding wars in Niles Township are back to pre-pandemic levels, but a quarter fewer homes come up for sale

We read every month of home sales in ZIP 49120 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 438 sales.

If you’re buying in Niles Township

  • Shop in October. It brings about 57 new listings a month, close to the busiest month, with fewer bidding wars (27% over asking).
  • Offer under asking. Buyers paid 97.9% of the list price on average; 25% paid over.
  • Move fast on good ones. Half of homes are under contract within two weeks.
Best time to buy

Summer brings both the most homes and the most bidding wars

August has the most new listings (about 64 a month), and the most competition: 31% close over asking. September and October offer nearly as much choice with fewer homes bid up (29%). February has the least competition (19%) but only about 31 new listings.

New listings a monthShare sold over asking
016.332.548.86513%27%40%Sweet spotJan: 32 new listings a month, 21% sold over asking, 63 days to sellJFeb: 31 new listings a month, 19% sold over asking, 72 days to sellFMar: 37 new listings a month, 21% sold over asking, 75 days to sellMApr: 42 new listings a month, 24% sold over asking, 69 days to sellAMay: 51 new listings a month, 26% sold over asking, 60 days to sellMJun: 57 new listings a month, 29% sold over asking, 50 days to sellJJul: 62 new listings a month, 30% sold over asking, 49 days to sellJAug: 64 new listings a month, 31% sold over asking, 48 days to sellASep: 62 new listings a month, 29% sold over asking, 50 days to sellSOct: 57 new listings a month, 27% sold over asking, 49 days to sellONov: 47 new listings a month, 25% sold over asking, 50 days to sellNDec: 38 new listings a month, 23% sold over asking, 50 days to sellD

Averages for each calendar month, 2015 on.

How competitive is it now?

Calmer than the 2021 frenzy, and about like Michigan as a whole

Niles Township now2017–192021 peakMI now
Sold over askingShare of sales that closed above the list price25%21%43%28%
Gone within two weeksShare of homes under contract within 14 days48%18%42%40%
Price paid vs. askingAverage sale price ÷ list price97.9%97.6%100.3%98.1%
Days to sellMedian days from listing to contract43574336
Supply

106 homes for sale on a typical day

That’s 1.2 times the 2021 low (89), 29% fewer than in 2017–19 and well under 2015’s 239.

2012: 201 for sale’122013: 205 for sale2014: 202 for sale2015: 239 for sale’152016: 199 for sale2017: 161 for sale2018: 152 for sale’182019: 132 for sale2020: 107 for sale2021: 89 for sale’212022: 92 for sale2023: 92 for sale2024: 99 for sale’242025: 99 for saleLast 12 months: 106 for saleNow
Prices by type

Since 2019, houses are up 75%, condos 159%

A house typically sold for $214K in the year to May 2026 (389 sales), a condo for $253K (14).

$75K$150K$225K$300K2013201520172019202120232025NowHouses 2013: $75K, 418 salesHouses 2014: $73K, 413 salesHouses 2015: $82K, 470 salesHouses 2016: $89K, 489 salesHouses 2017: $96K, 519 salesHouses 2018: $106K, 522 salesHouses 2019: $122K, 536 salesHouses 2020: $139K, 495 salesHouses 2021: $146K, 542 salesHouses 2022: $167K, 505 salesHouses 2023: $188K, 448 salesHouses 2024: $185K, 449 salesHouses 2025: $202K, 396 salesHouses last 12 months: $214K, 389 salesHouses $214KCondos 2013: $119K, 7 salesCondos 2014: $123K, 9 salesCondos 2015: $90K, 12 salesCondos 2017: $91K, 4 salesCondos 2018: $101K, 10 salesCondos 2019: $98K, 6 salesCondos 2020: $183K, 10 salesCondos 2021: $197K, 18 salesCondos 2022: $169K, 24 salesCondos 2023: $215K, 24 salesCondos 2024: $111K, 15 salesCondos 2025: $206K, 12 salesCondos last 12 months: $253K, 14 salesCondos $253K

Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.

Source: Redfin Data Center, ZIP code tracker; for ZIP 49120, which takes in Niles Township and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.

Rent or buy?

Owning the typical Niles Township home costs about $1,363 a month

Mortgage
Property tax
Insurance
Rent

Price: Niles Township’s typical sale, last 12 months. Property tax at Niles Township’s 1% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Niles Township is affordable on local pay is on Cost of living.

Before you buy in Niles Township

Six things worth knowing

64

New listings in August

The month with the most choice. February has the fewest, about 31.

Best time to buy
1%

Property tax, a year

Of a home’s value: the median bill over the median home value. On a $225K home, about $2,270 a year.

Taxes vs. neighbors
B

Schools

The schools grade for Niles Township, from test results, graduation and how much students grow.

Schools in Niles Township
23 min

Typical commute

The average one-way trip to work for people who live in Niles Township.

Work & commute
Flood

Check the flood map

Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.

Natural hazards
Records

Look up any property

Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.

Nearby markets · last 12 months

Niles, Buchanan, South Bend and Dowagiac sell for less a square foot

The busier markets within 25 miles of Niles Township, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.

SoldTypical sale$/sq ftOver askingDays to sell
South Bend1,395$181K$13328%23
Niles Township (ZIP 49120)438$225K$15325%43
Granger434$408K$14923%26
Niles151$182K$13233%40
Dowagiac67$142K$10922%51
Buchanan57$207K$14821%55
Berrien Springs25$248K$15116%59

Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.

Selling, or renting out?

Post your home to Niles Township, free

Selling it yourself, renting out an apartment or looking for a roommate? Post it to Niles Township. People who follow the town see it, and so do people comparing Niles Township with their own town. No commission, no listing fee.

Questions about buying a home in Niles Township

What do homes sell for in Niles Township, MI?

438 homes sold in the year to September 2026 at a typical $225K, $153 a square foot. Houses sold for about $214K, condos for about $253K in the year to May 2026.

Is Niles Township a buyer’s or seller’s market?

A seller’s market: 136 homes were for sale in September 2026 and 40 sold, about 3.4 months of supply. Buyers paid 97.9% of asking on average.

When is the best time to buy in Niles Township?

August brings the most new listings. The sales history shows which months have fewer bidding wars.

How much are property taxes in Niles Township?

About 1% of a home’s value a year. On a $225K home that’s near $2,270.

Where can I see homes for sale in Niles Township?

Zillow, Redfin, Realtor.com and Homes.com all carry Niles Township’s MLS listings; the search links above open each one filtered to Niles Township.

Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 49120, which takes in Niles Township and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).