Niles Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $274,950
    0% ( $450 ) vs Aug 2013
  • Median Sales Price
    $249,000
    13% ( $29,000 ) vs Aug 2013
  • Median Foreclosure Sales Price
    $158,000
    6% ( $9,500 ) vs Aug 2013
  • Foreclosures 145
    Homes for Sale 47
    Recently Sold 323

Market Summary

There are currently 145 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 September, the number of properties that received a foreclosure filing in Niles, IL was 23% higher than the previous month and 23% higher than the same time last year.

Home sales for August 2014 were up 57% compared with the previous month, and down 20% compared with a year ago. The median sales price of a non-distressed home was $249,000. The median sales price of a foreclosure home was $158,000, or 37% lower than non-distressed home sales.

Sales Prices - Niles, IL




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$158,000 (Median Foreclosure 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) $249,000 (Median 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) $158,000 (Median Foreclosure 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) $249,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,064
40.0
% (y-o-y)
$292,500
5.6
% (y-o-y)
66.2%
68.6
% (y-o-y)
Evanston
120
24.5
% (y-o-y)
$340,000
1.4
% (y-o-y)
51.8%
58.7
% (y-o-y)
Des Plaines
94
49.7
% (y-o-y)
$180,500
6.8
% (y-o-y)
11.4%
33.1
% (y-o-y)
Skokie
80
46.7
% (y-o-y)
$249,000
6.0
% (y-o-y)
23.5%
27.9
% (y-o-y)
Mount Prospect
64
40.7
% (y-o-y)
$258,750
5.0
% (y-o-y)
56.1%
43.2
% (y-o-y)
Northbrook
61
29.9
% (y-o-y)
$436,000
2.6
% (y-o-y)
51.0%
34.7
% (y-o-y)
Glenview
59
35.9
% (y-o-y)
$384,500
7.7
% (y-o-y)
7.7%
49.6
% (y-o-y)
Wilmette
44
38.9
% (y-o-y)
$660,000
7.3
% (y-o-y)
Data not available
Park Ridge
41
54.4
% (y-o-y)
$339,500
2.9
% (y-o-y)
Data not available
Winnetka
38
47.2
% (y-o-y)
$742,000
9.0
% (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: 5.00%
Percentage of vacant homes: 5.93%