Housing in Niles, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$336,250
Median List Price
$406,195
Price Per Sq Ft
$244
Days on Market
68
Active Inventory
49
Months of Supply
3.1
Seller's market
Zillow Home Value
$384,328
ZHVI — January 2026
Zillow Rent Index
$2,806
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
37.5%
Off Market in 2 Weeks
40.9%
Sale-to-List Ratio
98.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
16
New Listings
22
Pending Sales
22
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$244
Median List $/SF
$239
Niles vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Niles is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$350,900
Median Rent
$1,247
Total Housing Units
11,808
Vacancy Rate
4.6%
Owner Occupied
76.6%
Renter Occupied
23.4%
Median Property Tax
$6,064
per year
Monthly Cost (w/ Mortgage)
$1,428
Housing Types
The current median sale price in Niles, IL is $336,250 according to Redfin data. Homes spend a median of 68 days on the market. 37.5% of homes sold above asking price. The market has 3.1 months of supply. The median price per square foot is $244. Zillow's observed rent index is $2,806/month. About 76.6% of housing units are owner-occupied. The median year homes were built is 1965. There are 11,808 total housing units.