Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $234,900
    4% ( $9,600 ) vs Jan 2014
  • Median Sales Price
    $225,000
    2% ( $5,000 ) vs Jan 2014
  • Median Foreclosure Sales Price
    $130,000
    14% ( $22,000 ) vs Jan 2014
  • Foreclosures 123
    Homes for Sale 53
    Recently Sold 243

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 53.

In February, the number of properties that received a foreclosure filing in Niles, IL was 46% lower than the previous month and 22% lower than the same time last year.

Home sales for January 2015 were down 46% compared with the previous month, and down 16% 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 $130,000, or 42% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$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) $158,000 (Median Foreclosure 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) $244,000 (Median 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) $158,000 (Median Foreclosure 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) $244,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,251
31.0
% (y-o-y)
$248,000
1.4
% (y-o-y)
62.7%
66.1
% (y-o-y)
Des Plaines
94
29.3
% (y-o-y)
$178,000
7.9
% (y-o-y)
29.2%
24.2
% (y-o-y)
Skokie
79
28.8
% (y-o-y)
$272,500
16.5
% (y-o-y)
30.3%
15.4
% (y-o-y)
Evanston
69
40.0
% (y-o-y)
$304,500
10.2
% (y-o-y)
61.4%
15.9
% (y-o-y)
Mount Prospect
60
13.2
% (y-o-y)
$262,500
7.6
% (y-o-y)
52.4%
36.5
% (y-o-y)
Northbrook
52
17.5
% (y-o-y)
$419,500
9.2
% (y-o-y)
Data not available
Park Ridge
45
25.0
% (y-o-y)
$350,000
5.5
% (y-o-y)
Data not available
Morton Grove
40
25.0
% (y-o-y)
$248,250
8.4
% (y-o-y)
24.7%
3.9
% (y-o-y)
Wilmette
39
35.0
% (y-o-y)
$596,250
4.1
% (y-o-y)
Data not available
Glenview
39
36.1
% (y-o-y)
$327,000
14.6
% (y-o-y)
32.6%
38.6
% (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: 4.70%
Percentage of vacant homes: 5.93%