Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $274,500
    5% ( $14,500 ) vs Jul 2013
  • Median Sales Price
    $220,000
    1% ( $3,000 ) vs Jul 2013
  • Median Foreclosure Sales Price
    $167,500
    19% ( $27,000 ) vs Jul 2013
  • Foreclosures 144
    Homes for Sale 49
    Recently Sold 293

Market Summary

There are currently 144 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 49.

In August, the number of properties that received a foreclosure filing in Niles, IL was 13% lower than the previous month and 28% lower than the same time last year.

Home sales for July 2014 were down 13% compared with the previous month, and down 60% compared with a year ago. The median sales price of a non-distressed home was $220,000. The median sales price of a foreclosure home was $167,500, or 24% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$167,500 (Median Foreclosure Sales Price) $140,500 (Median Foreclosure Sales Price) $175,000 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $243,000 (Median Foreclosure Sales Price) $216,500 (Median Foreclosure Sales Price) $220,000 (Median Sales Price) $217,000 (Median Sales Price) $220,000 (Median Sales Price) $220,000 (Median Sales Price) $220,250 (Median Sales Price) $227,500 (Median 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) $243,000 (Median Foreclosure Sales Price) $216,500 (Median Foreclosure Sales Price) $220,000 (Median Sales Price) $217,000 (Median Sales Price) $220,000 (Median Sales Price) $220,000 (Median Sales Price) $220,250 (Median Sales Price) $227,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,412
56.8
% (y-o-y)
$290,000
5.5
% (y-o-y)
67.2%
69.8
% (y-o-y)
Des Plaines
70
62.2
% (y-o-y)
$177,500
7.6
% (y-o-y)
12.7%
29.8
% (y-o-y)
Evanston
68
59.8
% (y-o-y)
$326,000
10.7
% (y-o-y)
52.1%
65.5
% (y-o-y)
Skokie
59
58.5
% (y-o-y)
$241,000
5.2
% (y-o-y)
21.2%
36.7
% (y-o-y)
Park Ridge
53
53.9
% (y-o-y)
$335,000
1.5
% (y-o-y)
Data not available
Mount Prospect
46
66.7
% (y-o-y)
$250,000
2.0
% (y-o-y)
44.0%
42.3
% (y-o-y)
Northbrook
39
62.1
% (y-o-y)
$420,000
5.0
% (y-o-y)
48.0%
28.8
% (y-o-y)
Glenview
37
70.6
% (y-o-y)
$429,500
5.5
% (y-o-y)
36.0%
39.8
% (y-o-y)
Morton Grove
33
49.2
% (y-o-y)
$275,000
11.1
% (y-o-y)
20.2%
12.8
% (y-o-y)
Wilmette
30
69.1
% (y-o-y)
$625,000
4.1
% (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: 5.70%
Percentage of vacant homes: 5.93%