49120 — Niles, MI Home Values
Typical home value $216,654 as of June 2026 · 19th of 20 in Niles, MI
Blue: typical home value (Zillow ZHVI) in ZIP code 49120, June 2021 to June 2026. This page shows observed data only; no forecast.
How 49120 compares in the Niles, MI area
ZIP code 49120 (Niles, MI) has a typical home value of $216,654 as of June 2026, ranking 19th of 20 ZIP codes tracked in the Niles, MI area, more expensive than about 10% of ZIP codes in the metro. Prices here have moved +6.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +25.2%, from $173,111 in June 2021 to $216,654 in June 2026. Against observed rent, the typical home here sells for 16.5× the annual rent ($1,094/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Niles, MI forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Niles.
Population and demographics
ZIP code 49120 has a population of 36,652, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 83.4% White, 7.1% Black or African American, 4.8% Hispanic or Latino, 3.3% two or more races, 0.5% American Indian or Alaska Native, 0.5% Asian, and 0.4% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Ring Lardner Middle School | 801 N 17TH ST, NILES, MI | 0.3 mi |
| Niles Senior High School | 1441 EAGLE ST, NILES, MI | 0.5 mi |
| Eastside Connections School | 1 TYLER ST, NILES, MI | 0.5 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 49120?
$216,654 as of June 2026, the latest month Zillow has published observed data for.
Is 49120 an expensive ZIP code in the Niles, MI area?
49120 ranks 19th of 20 ZIP codes in the Niles, MI area by typical home value, more expensive than about 10% of ZIP codes in the metro.
How much have home values in 49120 changed over the past year?
+6.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 49120?
The typical home price is 16.5× the observed annual rent in this ZIP code ($1,094/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 49120?
36,652, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 49120?
Ring Lardner Middle School (0.3 mi), Niles Senior High School (0.5 mi), Eastside Connections School (0.5 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 49120?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Niles, MI forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.