Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $285,000
    2% ( $5,000 ) vs Mar 2015
  • Median Sales Price
    $229,000
    4% ( $9,000 ) vs Mar 2015
  • Median Foreclosure Sales Price
    $287,500
    34% ( $72,500 ) vs Mar 2015
  • Foreclosures 89
    Homes for Sale 47
    Recently Sold 207

Market Summary

There are currently 89 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 47.

In April, the number of properties that received a foreclosure filing in Niles, IL was 31% lower than the previous month and 25% lower than the same time last year.

Home sales for March 2016 were down 11% compared with the previous month, and up 467% compared with a year ago. The median sales price of a non-distressed home was $229,000. The median sales price of a foreclosure home was $287,500, or 26% higher than non-distressed home sales.

Sales Prices - Niles, IL


  • Foreclosure Discount
    NOT AVAILABLE


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$287,500 (Median Foreclosure Sales Price) $215,000 (Median Foreclosure Sales Price) $175,250 (Median Foreclosure Sales Price) $165,500 (Median Foreclosure Sales Price) $165,500 (Median Foreclosure Sales Price) $167,250 (Median Foreclosure Sales Price) $229,000 (Median Sales Price) $220,000 (Median Sales Price) $233,000 (Median Sales Price) $245,000 (Median Sales Price) $230,000 (Median Sales Price) $0 (Median Sales Price) $287,500 (Median Foreclosure Sales Price) $215,000 (Median Foreclosure Sales Price) $175,250 (Median Foreclosure Sales Price) $165,500 (Median Foreclosure Sales Price) $165,500 (Median Foreclosure Sales Price) $167,250 (Median Foreclosure Sales Price) $229,000 (Median Sales Price) $220,000 (Median Sales Price) $233,000 (Median Sales Price) $245,000 (Median Sales Price) $230,000 (Median Sales Price) $0 (Median Sales Price)
Interested in more detailed data or historic trends back to 2005?
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,163
175.3
% (y-o-y)
$247,000
2.9
% (y-o-y)
62.3%
59.2
% (y-o-y)
Des Plaines
73
143.3
% (y-o-y)
$182,500
14.1
% (y-o-y)
48.2%
18.8
% (y-o-y)
Evanston
63
85.3
% (y-o-y)
$317,250
0.9
% (y-o-y)
52.1%
61.7
% (y-o-y)
Mount Prospect
57
171.4
% (y-o-y)
$270,000
13.7
% (y-o-y)
48.0%
26.7
% (y-o-y)
Skokie
50
51.5
% (y-o-y)
$281,000
14.5
% (y-o-y)
27.1%
16.5
% (y-o-y)
Glenview
48
242.9
% (y-o-y)
$349,500
26.9
% (y-o-y)
19.9%
19.4
% (y-o-y)
Northbrook
46
155.6
% (y-o-y)
$408,000
4.0
% (y-o-y)
29.0%
0.7
% (y-o-y)
Park Ridge
42
250.0
% (y-o-y)
$352,000
0.1
% (y-o-y)
Data not available
Wilmette
24
200.0
% (y-o-y)
$657,500
24.3
% (y-o-y)
30.0%
0.0
% (y-o-y)
Morton Grove
24
50.0
% (y-o-y)
$240,000
0.8
% (y-o-y)
36.5%
22.4
% (y-o-y)

Local Info For Niles

Population:
29,463
Cost of Living Index: 118.23
Crime Index: 24.13     Rating: A View crime details
Schools: 5    Average School Rating: B View individual school rating
Household Median Income: $50,829
Unemployment: 6.00%
Percentage of vacant homes: 5.93%

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