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Edison

NILES, IL 60714

Real Estate Market Report  ·  Cook County
Seller's Market
July 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 60714

Edison

Market Analysis

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

The NILES, IL real estate market (60714) currently shows 56 active listings, with 31 pending sales. Homes are averaging 23 days on the market before going under contract.

Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 23 days on market compared to 33 days last year.

The median listing price has risen 11.4% year-over-year, from $369,000 to $411,175.

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 Context

Market Context

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

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

Market Overview

Active Listings
56
⇩ 26.3% vs 76 last year
Pending
31
55% pending ratio
Median Price
$411,175
⇧ 11.4% vs $369,000 last year
Average Price
$472,606
⇧ 7% vs $441,618 last year
Days on Market
23
⇩ 30.3% vs 33 days last year

Price Per Square Foot

Median $/sqft
$281
⇧ 13.8% vs $247/sqft last year
Median Home Size
1,500 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 56 this year vs 76 last year
  • Days on market: 23 now vs 33 last year

Median & Average Pricing

Year over Year
  • Median: $411,175 (+11.4% YoY)
  • Average: $472,606 (+7% 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
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 6.5 miles — 628 listings ($420,951,409 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
60714Niles, IL 607140.0 mi54$23,390,424$406,150$433,156
60068Park Ridge, IL 600682.0 mi71$51,219,684$592,425$721,404
60077Skokie, IL 600772.9 mi51$27,473,445$439,500$538,695
60646Chicago, IL 606463.5 mi40$25,964,480$572,000$649,112
60076Skokie, IL 600764.2 mi50$25,677,250$500,500$513,545
60016Des Plaines, IL 600164.4 mi135$47,989,395$334,600$355,477
60026Glenview, IL 600264.6 mi13$10,187,047$739,000$783,619
60018Des Plaines, IL 600185.0 mi32$21,159,840$539,750$661,245
60091Wilmette, IL 600915.4 mi54$85,218,210$1,167,500$1,578,115
60176Schiller Park, IL 601765.7 mi24$7,441,392$300,000$310,058
60659Chicago, IL 606596.0 mi41$16,661,949$330,225$406,389
60645Chicago, IL 606456.1 mi52$16,483,116$254,975$316,983
60043Kenilworth, IL 600436.5 mi11$62,085,177$4,245,000$5,644,107

Frequently Asked Questions

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

As of July 2026, there are 56 active listings in NILES, IL (zip code 60714), compared to 76 the prior year.

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

The median listing price in NILES, IL 60714 is $411,175 as of July 2026, a 11.4% increase from $369,000 the prior year.

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

Homes in NILES, IL 60714 spend an average of 23 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 July 2026, NILES, IL 60714 is currently a Seller's Market. Inventory has tightened compared to last year, with 20 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 23 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 $8,224 compared to a typical 5% commission on the median listing price of $411,175. 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.