House Prices

House Prices & Home Values Niles, IL 2026


Average Data

average house price$293,400
average size per house1468 ft²
average price per ft²200 $ / ft²

04/15/2026 - The value range (VR) for house prices in Niles, IL is $184/ sqft to $184/ sqft. An average home with 1468 sqft costs approximately $270,112 to $270,112. Niles, IL includes 1 ZIP codes and it is located in Cook county. The lowest prices are found in ZIP 60714, while the highest are in ZIP 60714. The average price per sqare feet is $200. Our analysis is based on 11 property listings.

Avergage prices by ZIP codes Niles

60714196 $ / ft²




Historical development of home values in Niles

Year Estimated value (USD) Change vs. 2025
2010 $136,260 -53.6%
2011 $130,991 -55.4%
2012 $130,638 -55.5%
2013 $135,521 -53.8%
2014 $142,260 -51.5%
2015 $149,561 -49.0%
2016 $157,366 -46.4%
2017 $165,860 -43.5%
2018 $175,030 -40.3%
2019 $183,146 -37.6%
2020 $192,613 -34.4%
2021 $219,077 -25.3%
2022 $255,395 -13.0%
2023 $269,325 -8.2%
2024 $284,906 -2.9%
2025 $293,400 0.0%

Graph: estimated home values in Niles over time (USD)



Example: 100% financing house in Niles

Loan amount: $293,400

Interest rate: 6.00%

Fixed monthly payment: $1,759.08

Breakdown in the 1st month:
Interest portion: $1,467.00  –  Principal portion: $292.08

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $17,505.99 $3,602.99 $289,797.01
2 $17,283.76 $3,825.21 $285,971.80
3 $17,047.83 $4,061.14 $281,910.66
4 $16,797.35 $4,311.62 $277,599.04
5 $16,531.42 $4,577.56 $273,021.48
6 $16,249.09 $4,859.89 $268,161.59
7 $15,949.34 $5,159.64 $263,001.96
8 $15,631.10 $5,477.87 $257,524.09
9 $15,293.24 $5,815.73 $251,708.35
10 $14,934.54 $6,174.44 $245,533.92
11 $14,553.71 $6,555.26 $238,978.66
12 $14,149.40 $6,959.58 $232,019.08
13 $13,720.15 $7,388.83 $224,630.25
14 $13,264.42 $7,844.55 $216,785.70
15 $12,780.59 $8,328.39 $208,457.31
16 $12,266.91 $8,842.07 $199,615.24
17 $11,721.55 $9,387.42 $190,227.82
18 $11,142.55 $9,966.42 $180,261.40
19 $10,527.85 $10,581.13 $169,680.27
20 $9,875.23 $11,233.75 $158,446.52
21 $9,182.35 $11,926.62 $146,519.90
22 $8,446.75 $12,662.23 $133,857.67
23 $7,665.77 $13,443.21 $120,414.46
24 $6,836.62 $14,272.36 $106,142.11
25 $5,956.33 $15,152.64 $90,989.46
26 $5,021.75 $16,087.23 $74,902.24
27 $4,029.52 $17,079.45 $57,822.79
28 $2,976.10 $18,132.87 $39,689.91
29 $1,857.71 $19,251.27 $20,438.65
30 $670.33 $20,438.65 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Niles, IL


1500 sqft3900 sqft
Ø selling price$363,001$772,201
Ø fast selling$330,000$694,980
Ø high price sale$396,001$849,421

In 2026, houses in Niles, IL will be offered at an average price of $200 per square foot. A 1,500 sqft home priced at $363,001 is 24.49% more expensive per square foot than a 3,900 sqft home priced at $772,201. Home prices in Niles, IL vary significantly depending on the neighborhood and location. For a quick sale, a 2,700 sqft home should be listed at around $534,600. Sellers who can wait longer may achieve a higher price of up to $653,400.


Niles, IL: Suburban Comfort Near Chicago

Overview

Located just northwest of Chicago, Niles, Illinois blends suburban convenience with small-town friendliness for residents and visitors.
This centrally situated village along Milwaukee Avenue offers quick access to neighboring communities like Skokie, Park Ridge, and Morton Grove.

Attractions and Things to Do

Homebuyers and renters appreciate diverse housing options, from mid-century ranches to updated condos, making Niles, IL appealing for many budgets. Top attractions include the photogenic Leaning Tower of Niles, a beloved landmark, and shopping at Golf Mill Shopping Center with dining, services, and entertainment.

Parks and Outdoor Recreation

Local eateries showcase classic Chicago flavors alongside global cuisines, delivering craveable bites on every block. Outdoor enthusiasts enjoy the Niles Park District, neighborhood playgrounds, and easy connections to the North Branch Trail for biking, running, and nature viewing.

Schools, Transportation, and Lifestyle

Nearby forest preserves and community events create year-round recreation, from farmers markets to seasonal festivals. Families benefit from strong public schools served by multiple districts in the Niles and Maine townships, plus the well-loved Niles-Maine District Library. Commuting is straightforward with Pace routes and the free, village-operated Niles Free Bus, as well as quick drives to the Edens Expressway (I-94) and Tri-State (I-294). For travelers and businesses, proximity to O?Hare International Airport and Chicago?s job centers makes Niles a strategic base with everyday convenience.



FAQ – Home Values in Niles

What is the median home value in Niles in 2026?

In 2026, the typical home value in Niles is about $293,400 for an average home size of 1468 square feet. This corresponds to an average price of roughly $200 per square foot.

What is the average cost per square foot in Niles?

In 2026, homes in Niles sell for an average of around $200 per square foot, with a typical range between $184 and $184 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in ?

The average home size in Niles is about 1468 square feet, with an estimated 2026 value around $293,400.



Locations close to Niles, IL

Alsip, IL152 $ / ft²
Cicero, IL215 $ / ft²
Evergreen Park, IL143 $ / ft²
Lincolnwood, IL223 $ / ft²
Elmwood Park, IL203 $ / ft²
Harwood Heights, IL236 $ / ft²




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