$274,900
- 2 bd
- 2 ba
- 1,200 sqft
7867 N Caldwell Ave Unit 206
Niles, IL Housing Market
$417,723
8.2% 1-yrThe average Niles, IL home value is $417,723, up 8.2% over the past year, and homes go to pending in around 13 days. (Updated on )
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.
Niles Key Takeaways
Typical Home Values: $417,723
1-Year Value Change: +8.2%
(Data through September 30, 2026)
Niles Housing Market Overview
1-Year Market Forecast: --
For Sale Inventory: 62 ()
New Listings: 28 ()
Median Sale to List Ratio: 1.001 ()
Median Sale Price: $397,317 ()
Median List Price: $435,600 ()
Percent of Sales Over List Price: 47.5% ()
Percent of Sales Under List Price: 39.2% ()
Median Days to Pending: 13 ()
(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)
How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.
Neighborhoods in Niles
- NameMedian ZHVI
- Grennan Heights$426,158
- Oasis$431,939
- Jonquil Terrace$468,499
- Oakton Manor$424,651
- Evergreen Estates$445,080
- The Terrace$445,835
- Lawrence Gardens$390,378
- Oak Park$477,190
- Chesterfield Gardens$396,207
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Niles Rental Market Trends
Average Rent: $2,383 ()
National Average Rent: $1,932 ()
Month-Over-Month Change: 2.7% ()
Year-Over-Year Change: 19.3% ()
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.
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.
Frequently Asked Questions
What are current home values in Niles, IL?
The median home value in Niles, IL is $417,723 as of September 2026. This represents a 0.9% increase compared to last month and a 8.2% increase year-over-year.
How have home values changed in Niles, IL?
Home values in Niles, IL have increased by 0.9% month-over-month and 8.2% year-over-year.
How do home values in Niles, IL compare to Cook County, Illinois, and the national average?
The median home value in Niles, IL ($417,723) compares to: Cook County ($340,258), Illinois ($295,943), and the U.S. national median ($366,157).
