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Dubai, UAE US

   

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Niles, MI housing market

Housing market indicators

Indicator 2022202320242025* Change202220232024YTD
Median Listing Price per Square Feet $172 $176 $191 $218 -2.3% 2.3% 8.5% 14.1%
Active Listing Count 339 320 401 443 50% -5.6% 25.3% 10.5%
Median Days on Market 72 64 74 54 9.1% -11.1% 15.6% -27%
Share of listings with price increase 0.4% 0.3% 0.3% 0.2%
Share of listings with price decrease 12.9% 14.7% 16.3% 16.2%

* last available value

Home prices

Short term housing supply drivers

Long term housing demand drivers

Long term housing supply drivers




Note: 12M MA - 12 months moving average, Permits - New Private Housing Structures Authorized by Building Permits. Source: FRED


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