Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $294,900
    11% ( $29,900 ) vs May 2013
  • Median Sales Price
    $220,000
    0% ( $0 ) vs May 2013
  • Median Foreclosure Sales Price
    $175,000
    13% ( $25,000 ) vs May 2013
  • Foreclosures 151
    Homes for Sale 53
    Recently Sold 294

Market Summary

There are currently 151 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 June, the number of properties that received a foreclosure filing in Niles, IL was 62% lower than the previous month and 65% lower than the same time last year.

Home sales for May 2014 were up 11% compared with the previous month, and down 19% 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 $175,000, or 20% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$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) $190,000 (Median Foreclosure 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) $232,000 (Median 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) $190,000 (Median Foreclosure 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) $232,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,647
16.7
% (y-o-y)
$277,000
13.5
% (y-o-y)
65.7%
68.0
% (y-o-y)
Evanston
146
15.0
% (y-o-y)
$315,000
4.5
% (y-o-y)
28.6%
67.7
% (y-o-y)
Des Plaines
120
9.1
% (y-o-y)
$158,750
8.0
% (y-o-y)
39.8%
12.4
% (y-o-y)
Skokie
87
1.2
% (y-o-y)
$243,500
6.8
% (y-o-y)
30.2%
37.8
% (y-o-y)
Mount Prospect
79
0.0
% (y-o-y)
$245,000
14.0
% (y-o-y)
30.6%
20.9
% (y-o-y)
Park Ridge
60
1.6
% (y-o-y)
$370,000
15.4
% (y-o-y)
7.2%
25.9
% (y-o-y)
Northbrook
57
23.0
% (y-o-y)
$346,000
3.9
% (y-o-y)
19.1%
35.0
% (y-o-y)
Glenview
55
27.6
% (y-o-y)
$429,000
30.8
% (y-o-y)
42.4%
36.7
% (y-o-y)
Wilmette
49
16.7
% (y-o-y)
$610,000
23.2
% (y-o-y)
32.7%
29.5
% (y-o-y)
Morton Grove
34
6.3
% (y-o-y)
$220,000
6.3
% (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: 6.10%
Percentage of vacant homes: 5.93%