Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $289,000
    2% ( $5,900 ) vs Jun 2013
  • Median Sales Price
    $217,000
    1% ( $3,000 ) vs Jun 2013
  • Median Foreclosure Sales Price
    $140,500
    20% ( $34,500 ) vs Jun 2013
  • Foreclosures 149
    Homes for Sale 54
    Recently Sold 272

Market Summary

There are currently 149 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 54.

In July, the number of properties that received a foreclosure filing in Niles, IL was 88% higher than the previous month and 15% higher than the same time last year.

Home sales for June 2014 were down 23% compared with the previous month, and down 39% compared with a year ago. The median sales price of a non-distressed home was $217,000. The median sales price of a foreclosure home was $140,500, or 35% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$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) $203,000 (Median Foreclosure 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) $239,500 (Median 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) $203,000 (Median Foreclosure 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) $239,500 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,519
45.4
% (y-o-y)
$288,000
7.7
% (y-o-y)
66.7%
69.5
% (y-o-y)
Des Plaines
100
30.1
% (y-o-y)
$167,000
11.3
% (y-o-y)
29.9%
8.0
% (y-o-y)
Evanston
79
26.9
% (y-o-y)
$323,500
8.6
% (y-o-y)
29.7%
66.8
% (y-o-y)
Skokie
72
44.2
% (y-o-y)
$232,500
3.9
% (y-o-y)
23.4%
33.9
% (y-o-y)
Northbrook
59
21.3
% (y-o-y)
$380,000
2.6
% (y-o-y)
31.6%
39.6
% (y-o-y)
Glenview
56
22.2
% (y-o-y)
$435,000
24.3
% (y-o-y)
46.9%
25.7
% (y-o-y)
Mount Prospect
48
40.7
% (y-o-y)
$250,000
11.1
% (y-o-y)
28.0%
40.4
% (y-o-y)
Park Ridge
40
45.9
% (y-o-y)
$350,000
7.7
% (y-o-y)
Data not available
Wilmette
37
39.3
% (y-o-y)
$667,000
22.4
% (y-o-y)
0.7%
33.3
% (y-o-y)
Winnetka
37
24.5
% (y-o-y)
$825,500
3.4
% (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: 6.30%
Percentage of vacant homes: 5.93%