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Single-family Foreclosures in Niles, IL

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Niles, IL Foreclosures

How much do homes sell for in Niles, IL?
The average home price is currently $473,327.
In Niles, IL, how many homes are available?
There are currently 44 active home listings available in Niles.
What’s the average rental cost in Niles, IL?
The average rental price in Niles is $1,924.
What is the most expensive home in Niles?
The most expensive home sold in Niles had a price of $116,135,208.
What is currently the cheapest priced home in Niles, IL?
The cheapest home for sale in Niles is priced at $10,200.

Living in Niles, IL

Niles, IL is a charming suburban village located just northwest of Chicago, known for its community-driven atmosphere and accessible amenities. With several parks, schools, and shopping options, it's an ideal spot for families and those seeking a peaceful residential area while maintaining connectivity to the bustling city. Niles provides a variety of lifestyle choices, making it a desirable place to live.

Current Market Conditions in Niles, IL

Niles, IL has seen a stable real estate market with a variety of homes available across different price ranges. Prices are generally on the rise, fueled by the village's attractive amenities and the trend of families seeking suburban comforts. Homes in Niles often sell quickly, indicating strong demand and limited inventory in certain areas, which signals a competitive market among buyers.

Home Value Estimator For Niles, IL

There are currently 11,206 real estate properties in Niles, IL, with a median automated valuation model (AVM) price of $426,099.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Niles, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Niles, IL, is $473,327.00, with the most expensive house in Niles, IL, topping out at $116,135,208.00 and the cheapest home in Niles, IL, clocking in at $10,200.00. In other words, there’s something for every potential homebuyer or savvy investor in Niles, IL!

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.

Niles, IL Single-family Homes

Market Trend for Niles, IL

Total Listings Available: 44

Market Values:

Home Prices from $10,200 to $116,135,208

Average Sales Price: $473,327

Rental Values:

Rental from $890 to $4,300

Average Rent Value: $1,924 / month

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