Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $244,500
    2% ( $5,400 ) vs Dec 2013
  • Median Sales Price
    $225,000
    2% ( $5,000 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $152,000
    10% ( $14,000 ) vs Dec 2013
  • Foreclosures 123
    Homes for Sale 42
    Recently Sold 263

Market Summary

There are currently 123 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 42.

In January, the number of properties that received a foreclosure filing in Niles, IL was 12% lower than the previous month and 6% lower than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $225,000. The median sales price of a foreclosure home was $152,000, or 32% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$152,000 (Median Foreclosure Sales Price) $138,000 (Median Foreclosure 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) $225,000 (Median Sales Price) $230,000 (Median Sales Price) $250,500 (Median Sales Price) $245,000 (Median Sales Price) $249,000 (Median Sales Price) $220,000 (Median 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) $158,000 (Median Foreclosure Sales Price) $167,500 (Median Foreclosure Sales Price) $225,000 (Median Sales Price) $230,000 (Median Sales Price) $250,500 (Median Sales Price) $245,000 (Median Sales Price) $249,000 (Median Sales Price) $220,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
618
81.0
% (y-o-y)
$260,000
1.6
% (y-o-y)
63.8%
64.8
% (y-o-y)
Des Plaines
18
83.9
% (y-o-y)
$168,000
4.7
% (y-o-y)
37.5%
29.0
% (y-o-y)
Skokie
15
85.1
% (y-o-y)
$265,000
12.8
% (y-o-y)
32.5%
14.3
% (y-o-y)
Northbrook
9
83.3
% (y-o-y)
$495,500
30.4
% (y-o-y)
33.1%
21.1
% (y-o-y)
Morton Grove
9
71.0
% (y-o-y)
$250,000
9.1
% (y-o-y)
17.6%
20.6
% (y-o-y)
Franklin Park
9
62.5
% (y-o-y)
$135,000
4.4
% (y-o-y)
20.7%
4.1
% (y-o-y)
Glenview
8
80.0
% (y-o-y)
$335,000
8.2
% (y-o-y)
23.7%
35.6
% (y-o-y)
Mount Prospect
7
89.2
% (y-o-y)
$274,250
11.9
% (y-o-y)
53.1%
43.2
% (y-o-y)
Evanston
3
97.7
% (y-o-y)
$330,000
9.6
% (y-o-y)
33.3%
42.5
% (y-o-y)
Park Ridge
3
94.7
% (y-o-y)
$326,000
5.8
% (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: 4.70%
Percentage of vacant homes: 5.93%