HousingHandbookReference data

U.S. ZIP Code · MI49120

Berrien County · Niles, MI

Typical home value

$210,335[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+5.2%
5-year / yr
+4.9%
10-year / yr
+6.2%

Relative price

vs U.S.
-26.0%
vs metro
-33.2%
vs state
-12.0%
ZIP 49120 location in MI
Location of ZIP 49120 in MI

Price history

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

The typical home in 49120 is worth $210,335 — 33.2% below the Niles, MI median. Over the past year, values have risen 5.2%. The effective property tax rate is 1.0%.

#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
1.0%[3]
Typical annual tax
$2,026[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
36,495[3]
Median household income
$65,148[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
16
Elementary
6
Middle
2
High
6
  • Niles Senior High School

    High · Grades 9–12 · Niles Community Schools

    827 students

  • HowardEllis Elementary School

    Elementary · Grades K–5 · Niles Community Schools

    598 students

  • Ballard Elementary School

    Elementary · Grades PK–5 · Niles Community Schools

    576 students

  • Ring Lardner Middle School

    Middle · Grades 6–8 · Niles Community Schools

    537 students

  • Eastside Connections School

    Elementary · Grades K–8 · Niles Community Schools

    430 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$1,064
Loan principal$168,268
Down payment$42,067
Total interest paid$214,616

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$1,407
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
24th percentile[1]
Rental yield
[2]
Property tax
61st percentile[3]

Frequently asked

How much is a home worth in ZIP code 49120?
The typical home in 49120 is worth $210,335, based on the Zillow Home Value Index.
Are home values rising in 49120?
Home values in 49120 are up 5.2% over the past year, and up 4.9% a year over five years.
What is the property tax rate in 49120?
The effective property tax rate in 49120 is 1.0% — roughly $2,026 a year on a typical home.
Who lives in 49120?
ZIP code 49120 has a population of 36,495 and a median household income of $65,148.

#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
    $222,670
    Gross yield
  • Paw Paw Lake CDP, MI

    Typical home
    $231,898
    Gross yield
  • Buchanan, MI

    Typical home
    $235,900
    Gross yield
  • Galien, MI

    Typical home
    $244,373
    Gross yield
  • Lake Michigan Beach CDP, MI

    Typical home
    $248,123
    Gross yield
  • Eau Claire, MI

    Typical home
    $258,787
    Gross yield

Want similar ZIPs from outside this metro? Browse nationally similar ZIPs →

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