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Niles, OH—44446

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$137,000
8.2% YoY Growth
Household Income
$49,800
18.2% YoY Growth
Days on Market
33
10.0% Shorter YoY
Home Price Forecast
3.8%
Median Rent
$785
15.2% YoY Growth
1-Bed Rent
$725
35.2% YoY Growth
2-Bed Rent
$750
16.4% YoY Growth
3-Bed Rent
$900
32.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — Niles, OH

As of May '26, the median home price in Niles, OH is $137,000, with a year-over-year change of 8.2%. This indicates that home prices in Niles, OH are increasing. According to Zillow, the 1-year price projection is 3.8%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$137,0008.2%
Single Family $134,0008.9%
Condos $231,00011.6%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$105,0008.2%
    3 Bed
    		$146,0009.0%
    4 Bed
    		$168,0008.4%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    3.3%
    1 Bedroom
    9.9%
    2 Bedrooms
    29.2%
    3 Bedrooms
    47.3%
    4 Bedrooms
    7.8%
    5+ Bedrooms
    2.5%

    Rental Trends — Niles, OH

    As of July '25, Rentcast reports the average rent in Niles, OH is $926, with a year-over-year rent change of 15.2%. Per bedroom, the median rent as of July '25 in Niles, OH is studios: $595, 1-bedrooms: $676, 2-bedrooms: $873, 3-bedrooms: $1,130, 4-bedrooms: $1,500. The most common rental property sizes in Niles, OH are 2-bedroom and 3-bedroom, accounting for 41.0% and 25.5% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$785$926
    Studio Rent $575$595
    1 Bed Rent $725$676
    2 Bed Rent $750$873
    3 Bed Rent $900$1,130
    4 Bed Rent $1,400$1,500
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    % of Rental Stock

    Studio
    6.3%
    1 Bedroom
    21.5%
    2 Bedrooms
    41.0%
    3 Bedrooms
    25.5%
    4 Bedrooms
    3.5%
    5+ Bedrooms
    2.1%

    Property Listings — Niles, OH

    As of May '26, Realtor.com reports that the median days on market for a home in Niles, OH is 33. This is a decrease of -10.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 24.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$155,000-5.0%
    Listing Count
    		49-9.0%
    Listings as % of Homes0.3%-9.0%
    Days on Market
    		33-10.0%
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    Demographics — Niles, OH

    As of the latest ACS Survey released in 2023, Niles, OH has a population of 20,000, which has remained stable by -0.7% over the past 5 years. Niles, OH is a moderately popular place for families, as children make up 16.4% of the population. The area has a poorly educated workforce, with 20.8% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		20,000-0.7%
    % Under 18
    		16.4%-16.3%
    % Seniors
    		22.8%16.9%
    % WFH
    		3.8%171.4%
    % w/ College Degree
    		20.8%25.3%
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    As of the latest ACS Survey released in 2023, Niles, OH is a predominantly white area, with 87.8% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in Niles, OH is black, making up 4.2% of the population. Foreign-born residents account for 1.3% of the population in Niles, OH, and this percentage has decreased by 7.1% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		87.8%-2.8%
    % Black
    		4.2%-19.2%
    % Hispanic
    		2.5%25.0%
    % Asian
    		0.8%60.0%
    % Foreign Born
    		1.3%-7.1%
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    Mortgage and Risk — Niles, OH

    According to HUD data as of 2023, there were 263 mortgage originations in Niles, OH, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 33.0% above 90% LTV (very high). This implies large mortgage risk in Niles, OH. Investor activity is low, as 4.0% of loans were by investors. 13.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		263
    % Conventional Loans
    		71.0%
    % Government Loans
    		29.0%
    % Investor Loans
    		4.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		13.0%
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    Rentals and Section 8 — Niles, OH

    As of 2024, the percent of homes in Niles, OH under the Section 8 program is 8.9%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Niles, OH, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		456
    Total Units Section 8
    		350
    % Rentals under Section 8
    		8.9%
    % Occupied Section 8
    		91.4%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$25$725$700
    2 Bedroom$130$750$880
    3 Bedroom$270$900$1,170
    4 Bedroom-$160$1,400$1,240

    Affordability — Niles, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.1
    Median Home Price$137,000
    Median Household Income$49,800

    Niles, OH — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Mc Donald, OH

    44437

    Warren, OH

    44484

    Mineral Ridge, OH

    44440

    Girard, OH

    44420

    Austintown, OH

    44515

    Frequently Asked Questions