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Niles, IL Real Estate & Property Data

Niles Real Estate Market Trends

Last Updated: April 18, 2024

Accurate and comprehensive real estate data is critical for insight into Niles, IL. ATTOM’s Niles real estate data is updated daily, and current market trends show that in Niles, IL a total of 385 residential properties have sold over the past year. With a median home price of $434,500 in Niles and a total of 3 foreclosures. Get detailed property data for Niles, IL instantly. ATTOM is your one-stop-shop for the Niles property reports and real estate data you need in Niles, IL.

Niles Real Estate Market Trends

Get property data for any address in Niles, IL or the country:

Total Residential Properties 10,151

Total Commercial Properties 531

Avg. Home Age (Single Family Home) 64 Years

Avg. Square Feet (Single Family Home) 1,514

Total 2024 Residential Sales (year-to-date) 46

% of Homes Seriously Underwater (Q2 2024) 0.81%

Total 2023 Residential Sales 359

% of Equity Rich Homes (Q2 2024) 36.4%

Effective 2023 Property Tax 1.74%

Total Foreclosure Filings (year-to-date) 4

Niles, IL Real Estate Overview

There were 385 residential properties sold in the past year in Niles, IL. The median home value in Niles, IL is $346,938. There are a total of 10,151 residential properties in the Niles.

Median Sales Price i

$434,500

(Feb 2024)

+16.6%

year-over-year

y-o-y

February '24 Feb '24 $434,500
January '24 Jan '24 $370,000
December '23 Dec '23 $372,500
November '23 Nov '23 $411,653
October '23 Oct '23 $400,000
September '23 Sep '23 $432,500
August '23 Aug '23 $415,000
July '23 Jul '23 $425,000
June '23 Jun '23 $370,000
May '23 May '23 $345,000
April '23 Apr '23 $400,000
March '23 Mar '23 $387,500

Median Down Payment i

$124,950

(Feb 2024)

+128.2%

year-over-year

y-o-y

February '24 Feb '24 $124,950
January '24 Jan '24 $22,125
December '23 Dec '23 $78,500
November '23 Nov '23 $74,000
October '23 Oct '23 $45,500
September '23 Sep '23 $80,000
August '23 Aug '23 $34,964
July '23 Jul '23 $44,321
June '23 Jun '23 $70,000
May '23 May '23 $69,000
April '23 Apr '23 $66,000
March '23 Mar '23 $50,750

Number of Homes Sold i

18

(Feb 2024)

+38.5%

year-over-year

y-o-y

February '24 Feb '24 18
January '24 Jan '24 28
December '23 Dec '23 24
November '23 Nov '23 30
October '23 Oct '23 31
September '23 Sep '23 38
August '23 Aug '23 38
July '23 Jul '23 40
June '23 Jun '23 31
May '23 May '23 30
April '23 Apr '23 26
March '23 Mar '23 38

Number of Purchase Loans i

9

(Feb 2024)

-25%

year-over-year

y-o-y

February '24 Feb '24 9
January '24 Jan '24 22
December '23 Dec '23 15
November '23 Nov '23 22
October '23 Oct '23 21
September '23 Sep '23 29
August '23 Aug '23 30
July '23 Jul '23 25
June '23 Jun '23 22
May '23 May '23 19
April '23 Apr '23 16
March '23 Mar '23 24

Number of REFI Loans i

4

(Feb 2024)

+33.3%

year-over-year

y-o-y

February '24 Feb '24 4
January '24 Jan '24 4
December '23 Dec '23 8
November '23 Nov '23 3
October '23 Oct '23 4
September '23 Sep '23 9
August '23 Aug '23 11
July '23 Jul '23 2
June '23 Jun '23 3
May '23 May '23 7
April '23 Apr '23 3
March '23 Mar '23 10

Number of HELOC Loans i

2

(Feb 2024)

-50%

year-over-year

y-o-y

February '24 Feb '24 2
January '24 Jan '24 5
December '23 Dec '23 8
November '23 Nov '23 5
October '23 Oct '23 1
September '23 Sep '23 5
August '23 Aug '23 10
July '23 Jul '23 6
June '23 Jun '23 5
May '23 May '23 7
April '23 Apr '23 7
March '23 Mar '23 4

Niles, IL Real Estate Market Overview

Last 30 days

Zip
Median Est. Value

60714
$346,938 $229.17/sqft

Niles, IL Foreclosure Activity

There were a total of 3 Niles, IL properties with a foreclosure filing in February 2024.

Total Foreclosure Filings i

3

(Feb 2024)

year-over-year

y-o-y

February '24 Feb '24 3
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 3
September '23 Sep '23 N/A
August '23 Aug '23 3
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 3
April '23 Apr '23 1
March '23 Mar '23 5

Foreclosure Starts i

February '24 Feb '24 N/A
January '24 Jan '24 1
December '23 Dec '23 N/A
November '23 Nov '23 N/A
October '23 Oct '23 3
September '23 Sep '23 N/A
August '23 Aug '23 1
July '23 Jul '23 2
June '23 Jun '23 2
May '23 May '23 2
April '23 Apr '23 N/A
March '23 Mar '23 2

Completed Foreclosures (REOs) i

February '24 Feb '24 N/A
January '24 Jan '24 N/A
December '23 Dec '23 N/A
November '23 Nov '23 1
October '23 Oct '23 N/A
September '23 Sep '23 N/A
August '23 Aug '23 N/A
July '23 Jul '23 N/A
June '23 Jun '23 1
May '23 May '23 N/A
April '23 Apr '23 1
March '23 Mar '23 N/A

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