Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $279,950
    7% ( $19,500 ) vs Jun 2014
  • Median Sales Price
    $230,000
    0% ( $1,000 ) vs Jun 2014
  • Median Foreclosure Sales Price
    $195,000
    3% ( $5,000 ) vs Jun 2014
  • Foreclosures 100
    Homes for Sale 48
    Recently Sold 72

Market Summary

There are currently 100 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 48.

In July, the number of properties that received a foreclosure filing in Niles, IL was 8% higher than the previous month and 13% lower than the same time last year.

Home sales for June 2015 were down 35% compared with the previous month, and down 40% 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 $195,000, or 15% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$195,000 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $195,500 (Median Foreclosure Sales Price) $195,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $230,000 (Median Sales Price) $231,000 (Median Sales Price) $215,000 (Median Sales Price) $229,500 (Median Sales Price) $230,000 (Median Sales Price) $225,000 (Median Sales Price) $195,000 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $195,500 (Median Foreclosure Sales Price) $195,500 (Median Foreclosure Sales Price) $160,000 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $230,000 (Median Sales Price) $231,000 (Median Sales Price) $215,000 (Median Sales Price) $229,500 (Median Sales Price) $230,000 (Median Sales Price) $225,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,938
24.3
% (y-o-y)
$290,500
0.2
% (y-o-y)
62.5%
66.9
% (y-o-y)
Des Plaines
64
37.9
% (y-o-y)
$180,000
9.1
% (y-o-y)
31.0%
29.1
% (y-o-y)
Skokie
42
41.7
% (y-o-y)
$275,000
18.3
% (y-o-y)
27.3%
23.4
% (y-o-y)
Mount Prospect
39
22.0
% (y-o-y)
$260,000
4.4
% (y-o-y)
14.8%
27.7
% (y-o-y)
Evanston
38
52.5
% (y-o-y)
$315,000
2.6
% (y-o-y)
41.0%
29.7
% (y-o-y)
Northbrook
36
40.0
% (y-o-y)
$435,000
13.0
% (y-o-y)
35.9%
32.5
% (y-o-y)
Glenview
31
44.6
% (y-o-y)
$450,000
3.4
% (y-o-y)
44.3%
46.9
% (y-o-y)
Park Ridge
27
32.5
% (y-o-y)
$365,000
4.3
% (y-o-y)
Data not available
Morton Grove
23
0.0
% (y-o-y)
$251,500
3.7
% (y-o-y)
16.5%
9.3
% (y-o-y)
Wilmette
18
51.4
% (y-o-y)
$561,000
15.9
% (y-o-y)
3.3%
0.7
% (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: 5.80%
Percentage of vacant homes: 5.93%