Comprehensive market data and analysis• Updated Dec 2025
22.3 months of supply
High inventory favors buyers with more choices and negotiating power.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | 1 | 2 | 6 | 14 |
| 1-2 acres | - | 4 | 6 | 10 |
| 2-5 acres | - | 1 | 4 | 7 |
| 5-10 acres | - | - | - | 1 |
| 10-20 acres | - | - | 2 | 3 |
| 20-50 acres | - | - | - | 4 |
| 50-100 acres | - | - | 1 | 1 |
| 100+ acres | - | - | - | - |
| TOTAL | 1 | 7 | 19 | 40 |
Acreage buckets
The median price for land in Niles, Michigan is currently $34K per acre. For a typical parcel, the median sale price is $61K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $14K while premium lots reached $373K.
Niles, Michigan is currently a strong buyer's market with 22.3 months of supply. Buyers have more negotiating power and can take time to find the right property. Prices have decreased 62.3% year-over-year.
Niles, Michigan currently has 22.3 months of inventory supply. This indicates a strong buyer's market. High supply means buyers have plenty of choices and stronger negotiating position.
There are currently 52 active listings in Niles, Michigan. 13 new listings have hit the market in the last 90 days. The median asking price is $157K.
Land in Niles, Michigan averages $66K per acre. The median price per acre is $34K, which may be more representative of typical transactions. Most parcels sold are around 1.2 acres.
The median land price in Niles, Michigan stands at $61K. This translates to roughly $34K per acre for the typical parcel size. The average price is $132K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Niles, Michigan is 4.5% (3-month basis), indicating slow demand. With depreciating values (-62.3% YoY), buyers may find value opportunities. The top-performing broker in this market is Century 21 Affiliated.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
