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Market Watch
August 21, 2026· Updated September 6, 2026
4 min read

Niles, IL Housing Market 2026: What Homes Actually Sell For

What homes actually sell for in Niles: a median closing price of $395,000 across 215 closings Resideline tracked over the last six months, plus the full price spread.

Resideline Team
Niles, IL Housing Market 2026: What Homes Actually Sell For

If you invest in or around Niles, the number that matters is what homes actually close for, not what sellers are asking. Here is what Niles sale prices look like right now, built from the closings Resideline tracked over the last six months, as of September 2026.

The snapshot

  • Closings tracked, last 6 months: 215
  • Median sold price, last 6 months: $395,000
  • Median sold $/sqft, last 6 months: $273
  • Middle half of sales closed between: $272,000 and $500,000

What the numbers say

Resideline tracked 215 closed sales in Niles over the last six months, with a median closing price of $395,000. That median is the midpoint of what buyers actually paid, not what sellers hoped to get, which is why it moves differently from the asking prices you see on listing sites. The middle half of those sales closed between $272,000 and $500,000. That spread matters more than the headline median: where a specific property sits inside it decides whether the citywide number helps you or misleads you. These are the closings Resideline tracks and may differ from complete county or municipal records. Across the 191 closings with usable living area, the middle half sold between $220 and $317 per square foot.

Figures last updated September 6, 2026 from closings Resideline tracked.

Median home price in Niles, IL (September 2026)

The median home price in Niles is $395,000, measured across the 215 closed sales Resideline tracked over the last six months. The middle half of those sales closed between $272,000 and $500,000.

Where Niles sale prices land

What homes actually sell for in Niles
Closed sale prices over the last six months. Middle half of sales: $272k to $500k
Tap to enlarge
$170k to $283k: 53 sales$170k$283k to $396k: 53 sales$396k to $509k: 54 sales54sales$396k$509k to $622k: 30 sales$622k to $735k: 9 sales$622kMedian $395k

Medians hide the shape of a market. The distribution above covers the closed sales Resideline tracked in Niles over the last six months that carry a usable sale date, trimmed to the 5th through 95th percentile, with the middle half of sales closing between $272,000 and $500,000. Among the 91 Illinois markets with a published band, Niles's middle-half spread ($272,000 to $500,000) ranks 50th from the narrowest. Where your target property sits inside that spread matters more than the citywide median.

Median sold price per square foot
Niles monthly medians for the complete months inside the last six months, Apr 2026 to Aug 2026, among qualifying closings with usable living area. 5 months plotted.
Tap to enlarge
Apr 2026: $226 per square foot across 48 sales$226AprMay 2026: $297 per square foot across 32 sales$297MayJun 2026: $299 per square foot across 33 sales$299JunJul 2026: $285 per square foot across 23 sales$285JulAug 2026: $283 per square foot across 26 sales$283Aug

How long a sale takes here

  • Listed to under contract: a median of 24 days, across 78 Niles closings Resideline tracked in the last six months
  • Contract to closing: a median of 17 days, across 57 Niles closings Resideline tracked in the last six months
Both are measured from the closings themselves, not from listing inventory. Each sale is timed using its own listing and contract dates. That is why these counts are smaller than the 215 closings above: a sale is counted here only when we hold both of its dates.

From market read to offer price

A market read is the backdrop. The decision still comes down to one property and one number: what it is actually worth and what you should pay. Every Resideline report opens with this same market snapshot for the subject's exact ZIP code, then gives you the property's value, the sold comps behind it, and a market rent estimate. Pricing a specific deal? The free ARV calculator and rental property calculator run the numbers in about a minute.

And we show our work. Every estimate is frozen while the home is for sale and graded against the real closing price after it sells. See the live accuracy dashboard for the receipts, or read how the Area Market Snapshot works.

Run any Niles address through Resideline and you will see the local market and the property's value together, in one report.

Cite this

Using these numbers? Please cite the source and the sample size:

code
Source: Resideline Market Watch
Market: Niles, IL
Geography: incorporated municipality, Census place 1753000
Data updated: September 2026
Analysis period: last six months
Tracked closings: 215
Median sold price: $395,000
Median sold $/sqft: $273 (191 qualifying)
https://resideline.com/blog/niles-il-housing-market

Writing about this market? Paste this into your post:

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<a href="https://resideline.com/blog/niles-il-housing-market">
  <img src="https://resideline.com/images/embed/niles-il.png" alt="Niles, IL home sale price distribution, last six months" width="1000" style="max-width:100%;height:auto">
</a>
<p>Source: <a href="https://resideline.com/blog/niles-il-housing-market">Resideline Market Watch</a></p>

The local market statistics in this report are calculated from closed sales tracked by Resideline. Transaction coverage may differ from complete county or municipal records.

Every local market figure on this page is computed from closed sales Resideline tracked in Niles over the last six months, and is refreshed when the data is. The closings we track within the Niles city limits are not limited to listing-service sales: they also include foreclosure deeds, estate and family transfers, and other off-market sales that portal medians exclude, which is why 19% of the 215 closings in this window never appeared on a listing service, and the median of MLS-listed sales alone was $409,900.

Frequently Asked Questions

What is the median home price in Niles?

The median sold price in Niles over the last 6 months is $395,000, measured across 215 closings Resideline tracked.

How many homes sold in Niles last month?

Resideline tracked 34 closed sales in Niles in August 2026, out of 215 closings tracked over the last six months. These are tracked samples of market activity, not official county totals.

What is the typical sale price range in Niles?

The middle half of Niles sales over the last six months closed between $272,000 and $500,000, with a median of $395,000.

What is the typical price per square foot in Niles?

Among qualifying Niles closings Resideline tracked over the last six months, the median sold price per square foot was $273, measured across 191 sales with usable living area. Median is used rather than average because outliers distort the mean.

What could a property in Niles be worth?

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