Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $273,450
    3% ( $8,550 ) vs Mar 2014
  • Median Sales Price
    $229,500
    0% ( $500 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $195,500
    22% ( $35,500 ) vs Mar 2014
  • Foreclosures 109
    Homes for Sale 55
    Recently Sold 184

Market Summary

There are currently 109 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 55.

In April, the number of properties that received a foreclosure filing in Niles, IL was 50% lower than the previous month and 20% higher than the same time last year.

Home sales for March 2015 were down 80% compared with the previous month, and down 85% compared with a year ago. The median sales price of a non-distressed home was $229,500. The median sales price of a foreclosure home was $195,500, or 15% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$195,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $138,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $229,500 (Median Sales Price) $230,000 (Median Sales Price) $225,000 (Median Sales Price) $230,000 (Median Sales Price) $230,000 (Median Sales Price) $250,000 (Median Sales Price) $195,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $138,000 (Median Foreclosure Sales Price) $152,000 (Median Foreclosure Sales Price) $229,500 (Median Sales Price) $230,000 (Median Sales Price) $225,000 (Median Sales Price) $230,000 (Median Sales Price) $230,000 (Median Sales Price) $250,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,149
62.8
% (y-o-y)
$240,000
2.0
% (y-o-y)
59.2%
63.5
% (y-o-y)
Evanston
34
47.7
% (y-o-y)
$320,000
8.1
% (y-o-y)
61.7%
18.9
% (y-o-y)
Skokie
33
61.6
% (y-o-y)
$245,500
9.1
% (y-o-y)
16.5%
19.3
% (y-o-y)
Des Plaines
30
70.0
% (y-o-y)
$160,000
18.5
% (y-o-y)
Data not available
Mount Prospect
21
61.8
% (y-o-y)
$237,500
3.1
% (y-o-y)
26.7%
44.3
% (y-o-y)
Northbrook
18
66.7
% (y-o-y)
$425,000
21.4
% (y-o-y)
0.7%
17.1
% (y-o-y)
Morton Grove
16
27.3
% (y-o-y)
$238,000
17.8
% (y-o-y)
22.4%
28.6
% (y-o-y)
Glenview
14
58.8
% (y-o-y)
$275,500
28.9
% (y-o-y)
19.4%
22.6
% (y-o-y)
Harwood Heights
12
55.6
% (y-o-y)
$247,000
5.6
% (y-o-y)
20.0%
18.4
% (y-o-y)
Park Ridge
12
67.6
% (y-o-y)
$351,500
4.9
% (y-o-y)
35.6%
33.6
% (y-o-y)

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: 5.40%
Percentage of vacant homes: 5.93%