Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $269,900
    4% ( $10,900 ) vs Oct 2013
  • Median Sales Price
    $250,500
    2% ( $5,500 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $152,000
    26% ( $53,250 ) vs Oct 2013
  • Foreclosures 143
    Homes for Sale 35
    Recently Sold 344

Market Summary

There are currently 143 properties in Niles, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 35.

In November, the number of properties that received a foreclosure filing in Niles, IL was 48% lower than the previous month and 50% higher than the same time last year.

Home sales for October 2014 were down 23% compared with the previous month, and up 16% compared with a year ago. The median sales price of a non-distressed home was $250,500. The median sales price of a foreclosure home was $152,000, or 39% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$152,000 (Median Foreclosure Sales Price) $205,250 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $167,500 (Median Foreclosure Sales Price) $140,500 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $250,500 (Median Sales Price) $245,000 (Median Sales Price) $249,000 (Median Sales Price) $220,000 (Median Sales Price) $217,000 (Median Sales Price) $220,000 (Median Sales Price) $152,000 (Median Foreclosure Sales Price) $205,250 (Median Foreclosure Sales Price) $158,000 (Median Foreclosure Sales Price) $167,500 (Median Foreclosure Sales Price) $140,500 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $250,500 (Median Sales Price) $245,000 (Median Sales Price) $249,000 (Median Sales Price) $220,000 (Median Sales Price) $217,000 (Median Sales Price) $220,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
4,435
20.1
% (y-o-y)
$280,000
5.7
% (y-o-y)
62.5%
65.7
% (y-o-y)
Evanston
159
55.9
% (y-o-y)
$354,500
10.8
% (y-o-y)
43.0%
46.9
% (y-o-y)
Des Plaines
153
9.3
% (y-o-y)
$190,000
15.2
% (y-o-y)
37.1%
38.8
% (y-o-y)
Skokie
121
21.0
% (y-o-y)
$275,000
16.3
% (y-o-y)
26.9%
25.7
% (y-o-y)
Mount Prospect
91
31.9
% (y-o-y)
$268,500
10.5
% (y-o-y)
15.3%
56.8
% (y-o-y)
Glenview
91
33.8
% (y-o-y)
$350,000
10.9
% (y-o-y)
Data not available
Park Ridge
90
25.0
% (y-o-y)
$345,000
6.2
% (y-o-y)
8.0%
22.2
% (y-o-y)
Northbrook
82
15.5
% (y-o-y)
$440,000
3.3
% (y-o-y)
15.9%
39.6
% (y-o-y)
Winnetka
74
124.2
% (y-o-y)
$937,500
17.2
% (y-o-y)
Data not available
Morton Grove
57
72.7
% (y-o-y)
$242,500
4.9
% (y-o-y)
Data not available

Local Info For Niles

Population:
29,463
Cost of Living Index: 118.23
Crime Index: 30.54     Rating: A- View crime details
Schools: 5    Average School Rating: B View individual school rating
Household Median Income: $50,829
Unemployment: 5.00%
Percentage of vacant homes: 5.93%