Niles, IL Real Estate Market Summary – September 7, 2026
In Niles, Illinois, the overall market has seen 27 homes sold in the last 30 days, averaging a sold pace of 1 every 1.11 days. The average home sold has a living area of about 4,314 square feet and a median sale price of $355,000.
| Metric | 30 Days |
|---|---|
| Number Sold | 27 |
| Sold Per Day | 1 every 1.11 days |
| Average SQFT | 4314 |
| Median Sales Price | $355,000 |
| Average Sales Price | $371,230 |
| Average Price Per SQFT | $256 |
| Average Days on Market | 19 |
| Average Year Built | 1971 |
Niles, IL Single Family Home Analysis
In the single-family segment, 12 homes sold recently, with an average living area of 1,621 square feet. The median sale price for single-family homes was $404,750, and the average time on market was around 20 days.
| Metric | 30 Days |
|---|---|
| Number Sold | 12 |
| Sold Per Day | 1 every 2.50 days |
| Average SQFT | 1621 |
| Median Sales Price | $404,750 |
| Average Sales Price | $449,542 |
| Average Price Per SQFT | $294 |
| Average Days on Market | 20 |
| Average Year Built | 1957 |
Niles, IL Condo & Townhome Analysis
The condo and townhome market had 14 properties sold, with a median living area of 1,265 square feet. The average sale price in this segment was $317,050, and homes typically spent about 18 days on the market before selling.
| Metric | 30 Days |
|---|---|
| Number Sold | 14 |
| Sold Per Day | 1 every 2.14 days |
| Average SQFT | 7043 |
| Median Sales Price | $316,500 |
| Average Sales Price | $317,050 |
| Average Price Per SQFT | $230 |
| Average Days on Market | 18 |
| Average Year Built | 1984 |
Buyer & Seller Analysis
- Average days on market were 19 days for all segments.
- The majority of homes are priced around $371,230 on average.
- Condos and townhomes averaged a sale price of $317,050.
- Single-family homes typically offered more living space averaging 1,621 square feet.
Conclusion
Overall, the Niles real estate market reflects a steady activity level with consistent pricing trends. The average amount of time properties remain on the market suggests a stable interest in home purchases.