Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $258,450
    6% ( $16,500 ) vs Sep 2013
  • Median Sales Price
    $244,000
    2% ( $5,000 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $205,250
    30% ( $47,250 ) vs Sep 2013
  • Foreclosures 141
    Homes for Sale 24
    Recently Sold 335

Market Summary

There are currently 141 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 24.

In October, the number of properties that received a foreclosure filing in Niles, IL was 44% higher than the previous month and 5% higher than the same time last year.

Home sales for September 2014 were up 67% compared with the previous month, and up 67% compared with a year ago. The median sales price of a non-distressed home was $244,000. The median sales price of a foreclosure home was $205,250, or 16% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$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) $200,000 (Median Foreclosure Sales Price) $244,000 (Median Sales Price) $249,000 (Median Sales Price) $220,000 (Median Sales Price) $217,000 (Median Sales Price) $220,000 (Median Sales Price) $220,000 (Median 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) $200,000 (Median Foreclosure Sales Price) $244,000 (Median Sales Price) $249,000 (Median Sales Price) $220,000 (Median Sales Price) $217,000 (Median Sales Price) $220,000 (Median Sales Price) $220,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
4,445
3.5
% (y-o-y)
$290,000
5.8
% (y-o-y)
65.5%
67.7
% (y-o-y)
Evanston
153
18.6
% (y-o-y)
$355,000
9.2
% (y-o-y)
53.8%
43.1
% (y-o-y)
Des Plaines
127
19.6
% (y-o-y)
$190,000
8.6
% (y-o-y)
18.4%
40.3
% (y-o-y)
Skokie
112
1.8
% (y-o-y)
$275,500
14.8
% (y-o-y)
27.2%
29.4
% (y-o-y)
Northbrook
107
40.8
% (y-o-y)
$434,000
1.5
% (y-o-y)
Data not available
Glenview
87
7.4
% (y-o-y)
$361,500
13.0
% (y-o-y)
Data not available
Mount Prospect
76
17.4
% (y-o-y)
$262,250
8.8
% (y-o-y)
46.6%
37.6
% (y-o-y)
Wilmette
75
59.6
% (y-o-y)
$640,750
0.7
% (y-o-y)
20.5%
33.3
% (y-o-y)
Park Ridge
68
33.3
% (y-o-y)
$382,500
13.5
% (y-o-y)
20.3%
17.1
% (y-o-y)
Winnetka
61
44.5
% (y-o-y)
$962,500
18.1
% (y-o-y)
Data not available

Local Info For Niles

Population:
29,463
Cost of Living Index: 118.23
Crime Index: 31.24     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%