HousingHandbookReference data

U.S. ZIP Code · MI49117

Berrien County · Niles, MI

Typical home value

$658,329[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+8.2%
5-year / yr
+7.9%
10-year / yr
+6.6%

Relative price

vs U.S.
+131.8%
vs metro
+109.1%
vs state
+175.3%
ZIP 49117 location in MI
Location of ZIP 49117 in MI

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 49117 is worth $658,329 — 109.1% above the Niles, MI median. Over the past year, values have risen 8.2%. The effective property tax rate is 0.9%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.9%[3]
Typical annual tax
$5,696[3]

#Climate risk

FEMA National Risk Index ratings for Berrien County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Very Low
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Low
Hurricane
Very Low
Tornado
Relatively Moderate
Earthquake
Relatively Low
Winter weather
Relatively Moderate

#Who lives here

Population
3,358[3]
Median household income
$75,114[3]

#Migration

Household moves in and out of Berrien County over a year, from IRS tax-return data.

Net migration
-321[5]
Moved in
3,299
Moved out
3,620

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
1
Middle
1
High
1
  • New Buffalo Elementary School

    Elementary · Grades PK–5 · New Buffalo Area Schools

    216 students

  • New Buffalo Senior High School

    High · Grades 9–12 · New Buffalo Area Schools

    169 students

  • New Buffalo Middle School

    Middle · Grades 6–8 · New Buffalo Area Schools

    123 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$3,329
Loan principal$526,663
Down payment$131,666
Total interest paid$671,730

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$4,355
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
88th percentile[1]
Rental yield
[2]
Property tax
22nd percentile[3]

Frequently asked

How much is a home worth in ZIP code 49117?
The typical home in 49117 is worth $658,329, based on the Zillow Home Value Index.
Are home values rising in 49117?
Home values in 49117 are up 8.2% over the past year, and up 7.9% a year over five years.
What is the property tax rate in 49117?
The effective property tax rate in 49117 is 0.9% — roughly $5,696 a year on a typical home.
Who lives in 49117?
ZIP code 49117 has a population of 3,358 and a median household income of $75,114.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • MI

    Typical home
    $770,998
    Gross yield
  • Shorewood-Tower Hills-Harbert CDP, MI

    Typical home
    $829,194
    Gross yield
  • Shorewood-Tower Hills-Harbert CDP, MI

    Typical home
    $443,875
    Gross yield
  • MI

    Typical home
    $936,957
    Gross yield
  • Three Oaks, MI

    Typical home
    $355,985
    Gross yield
  • Bridgman, MI

    Typical home
    $345,168
    Gross yield

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