Foreclosure Homes in Niles, IL 60714

Current Market Conditions in Niles, IL

The real estate market in Niles has been experiencing steady growth, with a rising demand for single-family homes and multi-family units. Investors can find opportunities in both rental properties and homeownership, as more people seek the suburban lifestyle.

Current trends indicate an increase in home values, which have appreciated over the past few years. This makes Niles an attractive option for real estate investors looking for stable returns and a community that continues to develop.

Rent Prices In Niles, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Niles, IL, is on a rollercoaster ride. The average rent price in Niles, IL, is $1,924.00. Indeed, when looking to rent in Niles, IL, you can expect to pay as little as $890.00 or as much as $4,300.00, with the average rent median estimated to be $1,960.00. The good news is that finding an affordable and desirable property to rent in Niles, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.