Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $264,900
    13% ( $30,000 ) vs Feb 2014
  • Median Sales Price
    $230,000
    2% ( $5,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $160,000
    23% ( $30,000 ) vs Feb 2014
  • Foreclosures 110
    Homes for Sale 58
    Recently Sold 229

Market Summary

There are currently 110 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 58.

In March, the number of properties that received a foreclosure filing in Niles, IL was 243% higher than the previous month and 167% higher than the same time last year.

Home sales for February 2015 were down 29% compared with the previous month, and down 38% compared with a year ago. The median sales price of a non-distressed home was $230,000. The median sales price of a foreclosure home was $160,000, or 30% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$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) $205,250 (Median Foreclosure 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) $242,000 (Median 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) $205,250 (Median Foreclosure 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) $242,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,791
30.0
% (y-o-y)
$245,000
2.0
% (y-o-y)
60.8%
64.4
% (y-o-y)
Des Plaines
66
37.1
% (y-o-y)
$180,000
28.6
% (y-o-y)
4.2%
16.8
% (y-o-y)
Skokie
58
10.8
% (y-o-y)
$256,000
12.9
% (y-o-y)
20.9%
11.1
% (y-o-y)
Northbrook
40
20.0
% (y-o-y)
$405,000
5.5
% (y-o-y)
Data not available
Evanston
37
50.7
% (y-o-y)
$300,000
8.8
% (y-o-y)
61.7%
21.3
% (y-o-y)
Mount Prospect
34
33.3
% (y-o-y)
$251,000
0.4
% (y-o-y)
35.3%
31.4
% (y-o-y)
Park Ridge
30
34.8
% (y-o-y)
$342,500
1.6
% (y-o-y)
12.4%
33.9
% (y-o-y)
Glenview
25
34.2
% (y-o-y)
$330,000
17.3
% (y-o-y)
41.6%
41.1
% (y-o-y)
Morton Grove
24
7.7
% (y-o-y)
$248,250
8.4
% (y-o-y)
27.7%
19.7
% (y-o-y)
Winnetka
20
13.0
% (y-o-y)
$700,000
11.4
% (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: 5.60%
Percentage of vacant homes: 5.93%