Cities with the fastest-growing home prices in the Niles metro area
Cities with the fastest-growing home prices in the Niles metro area
The real estate frenzy spurred by the coronavirus pandemic continues, though at a slower pace. Buyers are still competing for a limited supply of housing, driving up prices for affordable properties.
The typical home value in the United States was $360,385 in October, 2.4% higher than the year before.
Increasing mortgage rates have slowed growth, with prices even declining in some places. But some areas are still seeing price jumps compared to the year before.
Stacker compiled a list of cities with the most expensive homes in the Niles, MI metro area using data from Zillow. Charts show the monthly typical home value since January 2018.
#22. Sodus, MI
- 1-year price change: -$11,862 (-5.0%)
- 5-year price change: +$72,137 (+47.2%)
- Typical home value: $225,104 (#16 most expensive city in metro)
#21. Berrien Center, MI
- 1-year price change: -$2,388 (-0.9%)
- 5-year price change: +$86,019 (+47.9%)
- Typical home value: $265,496 (#12 most expensive city in metro)
#20. Watervliet, MI
- 1-year price change: -$1,014 (-0.5%)
- 5-year price change: +$54,748 (+37.3%)
- Typical home value: $201,464 (#19 most expensive city in metro)
#19. Baroda, MI
- 1-year price change: +$364 (+0.2%)
- 5-year price change: +$54,748 (data not available)
- Typical home value: $234,630 (#14 most expensive city in metro)
#18. Bridgman, MI
- 1-year price change: +$3,664 (+1.3%)
- 5-year price change: +$86,797 (+41.5%)
- Typical home value: $295,710 (#10 most expensive city in metro)
#17. Berrien Springs, MI
- 1-year price change: +$4,800 (+2.5%)
- 5-year price change: +$65,519 (+50.7%)
- Typical home value: $194,758 (#20 most expensive city in metro)
#16. Eau Claire, MI
- 1-year price change: +$5,659 (+2.5%)
- 5-year price change: +$79,025 (+50.3%)
- Typical home value: $236,020 (#13 most expensive city in metro)
#15. Niles, MI
- 1-year price change: +$5,687 (+3.1%)
- 5-year price change: +$57,727 (+43.7%)
- Typical home value: $189,749 (#21 most expensive city in metro)
#14. Galien, MI
- 1-year price change: +$6,559 (+3.1%)
- 5-year price change: +$70,875 (+48.4%)
- Typical home value: $217,381 (#17 most expensive city in metro)
#13. Buchanan, MI
- 1-year price change: +$6,748 (+3.3%)
- 5-year price change: +$75,695 (+55.9%)
- Typical home value: $211,049 (#18 most expensive city in metro)
#12. Benton Harbor, MI
- 1-year price change: +$6,980 (+5.3%)
- 5-year price change: +$44,538 (+47.3%)
- Typical home value: $138,647 (#22 most expensive city in metro)
#11. Coloma, MI
- 1-year price change: +$7,177 (+3.2%)
- 5-year price change: +$79,564 (+52.0%)
- Typical home value: $232,446 (#15 most expensive city in metro)
#10. Saint Joseph, MI
- 1-year price change: +$10,643 (+3.5%)
- 5-year price change: +$97,212 (+45.3%)
- Typical home value: $312,033 (#7 most expensive city in metro)
#9. Three Oaks, MI
- 1-year price change: +$12,675 (+4.5%)
- 5-year price change: +$116,176 (+64.1%)
- Typical home value: $297,319 (#9 most expensive city in metro)
#8. Lake, MI
- 1-year price change: +$12,956 (+3.9%)
- 5-year price change: +$123,472 (+55.5%)
- Typical home value: $345,856 (#6 most expensive city in metro)
#7. Oronoko, MI
- 1-year price change: +$12,989 (+4.6%)
- 5-year price change: +$98,991 (+50.5%)
- Typical home value: $294,881 (#11 most expensive city in metro)
#6. Stevensville, MI
- 1-year price change: +$13,065 (+4.4%)
- 5-year price change: +$109,790 (+55.6%)
- Typical home value: $307,380 (#8 most expensive city in metro)
#5. Sawyer, MI
- 1-year price change: +$21,616 (+5.9%)
- 5-year price change: +$160,686 (+70.7%)
- Typical home value: $387,861 (#5 most expensive city in metro)
#4. New Buffalo, MI
- 1-year price change: +$24,647 (+4.3%)
- 5-year price change: +$226,861 (+60.7%)
- Typical home value: $600,795 (#4 most expensive city in metro)
#3. Union Pier, MI
- 1-year price change: +$27,098 (+3.9%)
- 5-year price change: +$267,065 (+58.9%)
- Typical home value: $720,521 (#3 most expensive city in metro)
#2. Lakeside, MI
- 1-year price change: +$38,176 (+4.7%)
- 5-year price change: +$287,804 (+51.8%)
- Typical home value: $843,782 (#1 most expensive city in metro)
#1. Harbert, MI
- 1-year price change: +$43,643 (+5.6%)
- 5-year price change: +$301,722 (+58.1%)
- Typical home value: $820,895 (#2 most expensive city in metro)