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NILES, MI 49120

Real Estate Market Report  ·  Berrien County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
102
⇧ 6.3% vs 96 last year
Pending
34
33% pending ratio
Median Price
$259,000
⇧ 10.8% vs $233,800 last year
Average Price
$361,511
⇧ 8.3% vs $333,726 last year
Days on Market
63
⇧ 3.3% vs 61 days last year

Market Context

Population: 36,792  ·  Density: 121.9/mi²  ·  Median household income: $59,450

Typical home value: $148,912  ·  Homeownership: 78.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NILES, MI real estate market (49120) currently shows 102 active listings, with 34 pending sales. Homes are averaging 63 days on the market before going under contract.

Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 63 days on market compared to 61 days last year.

The median listing price has risen 10.8% year-over-year, from $233,800 to $259,000.

Whether you are buying or selling in NILES, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 102 this year vs 96 last year
  • Days on market: 63 now vs 61 last year

Median & Average Pricing

Year over Year
  • Median: $259,000 (+10.8% YoY)
  • Average: $361,511 (+8.3% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 15.6 miles — 501 listings ($196,085,936 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
49120Niles, MI 491200.0 mi102$36,874,122$259,000$361,511
46635South Bend, IN 466358.1 mi19$5,277,516$260,000$277,764
49102Berrien Center, MI 491028.5 mi3$1,382,901$265,000$460,967
49107Buchanan, MI 491079.5 mi30$16,820,640$350,000$560,688
46617South Bend, IN 4661710.2 mi48$32,768,736$479,000$682,682
46545Mishawaka, IN 4654510.5 mi36$10,245,420$254,900$284,595
46615South Bend, IN 4661510.9 mi30$5,428,410$174,900$180,947
46613South Bend, IN 4661312.4 mi27$3,236,409$116,500$119,867
49031Cassopolis, MI 4903113.3 mi19$12,497,383$469,000$657,757
49111Eau Claire, MI 4911113.7 mi2$728,900$364,450$364,450
49113Galien, MI 4911314.0 mi6$7,207,902$724,000$1,201,317
46514Elkhart, IN 4651415.2 mi112$43,096,368$322,450$384,789
46544Mishawaka, IN 4654415.6 mi67$20,521,229$234,500$306,287

Frequently Asked Questions

How many homes are for sale in NILES, MI 49120?

As of January 2026, there are 102 active listings in NILES, MI (zip code 49120), compared to 96 the prior year.

What is the median home price in NILES, MI 49120?

The median listing price in NILES, MI 49120 is $259,000 as of January 2026, a 10.8% increase from $233,800 the prior year.

How long do homes stay on the market in NILES, MI?

Homes in NILES, MI 49120 spend an average of 63 days on the market before going under contract, compared to 61 days the prior year.

Is it a seller's or buyer's market in NILES, MI 49120?

Based on current inventory and days-on-market data as of January 2026, NILES, MI 49120 is currently a Buyer's Market. Inventory has increased compared to last year, with 6 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 63 days on market compared to 61 days last year.

How much can I save on real estate commission in NILES, MI?

With SELL123.com's maximum 3% commission, sellers in NILES, MI 49120 save an estimated $5,180 compared to a typical 5% commission on the median listing price of $259,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.