Photo: Miroslaw Mucha · Public domain335 homes sold in Niles in the last year, at a typical $378K
Redfin reports Niles’ sales by ZIP code, so these figures are for ZIP 60714, which takes in Niles and the area around it. About one sale in 3 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where Niles homes are listed.
Every place Niles homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to Niles.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
A third of Niles’ sales are condos, at $199K less than a house
172 houses and 118 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 172 sold in 12 months
- Per square foot
- $305IL $180
- Days to sell
- 47
- Sold over asking
- 44%
typical sale · 118 sold in 12 months
- Per square foot
- $216IL $251
- Days to sell
- 54
- Sold over asking
- 26%
About as many homes sell as usual, at 1.5 times the 2016 price
335 sales in the last year, against 478 in 2021 and a low of 313 in 2023. The typical sale went from $257K in 2016 to $378K.
Source: Redfin Data Center, MLS sales; for ZIP 60714, which takes in Niles and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales.
What $400K buys in Niles
Check a listing against what Niles homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in Niles are more common than before the pandemic, but half fewer homes come up for sale
We read every month of home sales in ZIP 60714 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to May 2026, 335 sales.
If you’re buying in Niles
- Shop in April. It brings about 46 new listings a month, close to the busiest month, with fewer bidding wars (22% over asking).
- Bid near asking. Buyers paid 99.8% of the list price on average; 38% paid over.
- Move fast on good ones. Half of homes are under contract within two weeks.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 51 a month), but July is the most competitive: 29% of July sales close over asking. April and May offer nearly as much choice with fewer homes bid up (22%). February has the least competition (17%) but only about 28 new listings.
Averages for each calendar month, 2015 on.
Hotter than in 2021, and about like Illinois as a whole
| Niles now | 2017–19 | 2021 peak | IL now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 38% | 15% | 26% | 37% |
| Gone within two weeksShare of homes under contract within 14 days | 51% | 36% | 48% | 46% |
| Listings with a price cutShare of homes for sale that cut their price | — | — | — | 19% |
| Price paid vs. askingAverage sale price ÷ list price | 99.8% | 96.5% | 97.9% | 99.2% |
| Days to sellMedian days from listing to contract | 50 | 60 | 19 | 49 |
65 homes for sale on a typical day
That’s 1.2 times the 2023 low (55), 51% fewer than in 2017–19 and well under 2019’s 142.
Since 2019, houses are up 44%, condos 37%
A house typically sold for $461K in the last year (172 sales), a condo for $262K (118).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 60714, which takes in Niles and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to May 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical Niles home costs about $2,509 a month
Price: Niles’ typical sale, last 12 months. Property tax at Niles’ 1.7% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether Niles is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 24.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $378K home, about $6,450 a year.
Taxes vs. neighborsSchools
The schools grade for Niles, from test results, graduation and how much students grow.
Schools in NilesCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Glenview for far more
The busier markets within 25 miles of Niles, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| Skokie | 594 | $448K | $264 | 38% | 49 |
| Glenview | 589 | $735K | $328 | 46% | 45 |
| Park Ridge | 436 | $598K | $303 | 33% | 53 |
| Niles (ZIP 60714) | 335 | $378K | $251 | 38% | 50 |
| Niles Township | 328 | $382K | $258 | 40% | 52 |
| Morton Grove | 285 | $460K | $273 | 45% | 46 |
| Lincolnwood | 111 | $526K | $266 | 40% | 61 |
Redfin Data Center, June 2025 to May 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to Niles, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to Niles. People who follow the town see it, and so do people comparing Niles with their own town. No commission, no listing fee.
Questions about buying a home in Niles
What do homes sell for in Niles, IL?
335 homes sold in the year to May 2026 at a typical $378K, $251 a square foot. Houses sold for about $461K, condos for about $262K.
Is Niles a buyer’s or seller’s market?
A seller’s market: 63 homes were for sale in May 2026 and 27 sold, about 2.3 months of supply. Buyers paid 99.8% of asking on average.
When is the best time to buy in Niles?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in Niles?
About 1.7% of a home’s value a year. On a $378K home that’s near $6,450.
Where can I see homes for sale in Niles?
Zillow, Redfin, Realtor.com and Homes.com all carry Niles’ MLS listings; the search links above open each one filtered to Niles.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 60714, which takes in Niles and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).