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NILES, IL 60714

Real Estate Market Report  ·  Cook County
Buyer's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
53
⇧ 10.4% vs 48 last year
Pending
22
42% pending ratio
Median Price
$375,000
⇩ 2.3% vs $383,975 last year
Average Price
$425,918
⇧ 4.6% vs $407,267 last year
Days on Market
45
⇧ 36.4% vs 33 days last year

Market Context

Population: 30,857  ·  Density: 1,897.3/mi²  ·  Median household income: $76,052

Typical home value: $335,851  ·  Homeownership: 76.6%

Market Analysis

Data as of January 2026. Source: Realtor.com.

The NILES, IL real estate market (60714) currently shows 53 active listings, with 22 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 45 days on market compared to 33 days last year.

The median listing price has fallen 2.3% year-over-year, from $383,975 to $375,000.

Whether you are buying or selling in NILES, IL, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 53 this year vs 48 last year
  • Days on market: 45 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $375,000 (-2.3% YoY)
  • Average: $425,918 (+4.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 549 listings ($344,909,747 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60714Niles, IL 607140.0 mi53$22,573,654$375,000$425,918
60068Park Ridge, IL 600682.0 mi62$42,050,260$599,000$678,230
60077Skokie, IL 600772.9 mi44$22,486,640$387,444$511,060
60646Chicago, IL 606463.5 mi34$21,001,562$567,450$617,693
60076Skokie, IL 600764.2 mi35$18,406,780$522,163$525,908
60016Des Plaines, IL 600164.4 mi127$45,151,040$335,500$355,520
60026Glenview, IL 600264.6 mi12$9,849,768$750,000$820,814
60018Des Plaines, IL 600185.0 mi34$20,165,094$487,450$593,091
60091Wilmette, IL 600915.4 mi38$54,351,400$1,022,000$1,430,300
60176Schiller Park, IL 601765.7 mi17$5,575,830$325,000$327,990
60659Chicago, IL 606596.0 mi33$14,722,686$429,000$446,142
60645Chicago, IL 606456.1 mi53$15,656,783$244,500$295,411
60043Kenilworth, IL 600436.5 mi7$52,918,250$5,387,000$7,559,750

Frequently Asked Questions

How many homes are for sale in NILES, IL 60714?

As of January 2026, there are 53 active listings in NILES, IL (zip code 60714), compared to 48 the prior year.

What is the median home price in NILES, IL 60714?

The median listing price in NILES, IL 60714 is $375,000 as of January 2026, a 2.3% decrease from $383,975 the prior year.

How long do homes stay on the market in NILES, IL?

Homes in NILES, IL 60714 spend an average of 45 days on the market before going under contract, compared to 33 days the prior year.

Is it a seller's or buyer's market in NILES, IL 60714?

Based on current inventory and days-on-market data as of January 2026, NILES, IL 60714 is currently a Buyer's Market. Inventory has increased compared to last year, with 5 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 45 days on market compared to 33 days last year.

How much can I save on real estate commission in NILES, IL?

With SELL123.com's maximum 3% commission, sellers in NILES, IL 60714 save an estimated $7,500 compared to a typical 5% commission on the median listing price of $375,000. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.