Niles, IL Housing Market

$381,462

7.1% 1-yr

The average Niles, IL home value is $381,462, up 7.1% over the past year and goes to pending in around 9 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Niles Key Takeaways

Typical Home Values: $381,462

1-year Value Change: +7.1%

(Data through March 31, 2025)

Niles Housing Market Overview

--1-year Market Forecast

53For sale inventory(March 31, 2025)

23New listings(March 31, 2025)

--Median sale to list ratio

--Median sale price(February 28, 2025)

$372,867Median list price(March 31, 2025)

--Percent of sales over list price

--Percent of sales under list price

9Median days to pending(March 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Niles

NameMedian ZHVI
Grennan Heights$405,140
Oasis$402,602
Jonquil Terrace$424,183
Oakton Manor$386,453
Evergreen Estates$415,532
The Terrace$413,712
Lawrence Gardens$367,733
Oak Park$428,736
Chesterfield Gardens$362,257

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Niles Homes for Sale

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Niles Rental Market Trends

--Average rent in Niles(March 31, 2025)

$2,005National average rent(March 31, 2025)

--Month-over-month change

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.