What is the median home value in Niles, IL?

The median value of owner-occupied homes in Niles, IL is $358,700 (±$7,200), as owners estimated it in the Census Bureau’s 2020–2024 American Community Survey.

In Niles, the median home value went from $284,400 in 2015–2019 to $358,700 in 2020–2024 (+26.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Figures last updated on .

Median home value
$358,700 (±$7,200)
Owner-occupied homes
8,566 (±498)
Most common range
$300,000 to $499,999

Home values in Niles

Owner-occupied homes by value, 2020–2024
ValueNilesCook CountyIllinoisUnited States
Less than $50,0003.3% (±1.7 points)3.6%5.4%5.3%
$50,000 to $99,9990.2% (±0.2 points)3.1%8.3%6.1%
$100,000 to $149,9992.7% (±1.3 points)5.8%9.7%6.8%
$150,000 to $199,9993.7% (±1.5 points)9.3%11.8%9.0%
$200,000 to $299,99918.2% (±2.7 points)23.2%22.3%17.8%
$300,000 to $499,99956.1% (±4.1 points)33.3%27.7%26.9%
$500,000 to $999,99915.1% (±3.2 points)16.9%12.1%20.9%
$1,000,000 or more0.7% (±0.6 points)4.9%2.7%7.1%

The most common range is $300,000 to $499,999, 56.1% of owned homes.

Value is the owner’s own estimate of what the home and lot would sell for, not a sale price or an assessment.

Niles against Cook County, its state and the nation

Estimate (90% margin of error)
NilesCook CountyIllinoisUnited States
Median home value$358,700 (±$7,200)$324,500 (±$1,460)$263,300 (±$797)$332,700
Owner-occupied homes8,566 (±498)1,212,570 (±7,287)3,378,910 (±14,728)84,210,142

In Niles, the median home value is higher than in Cook County ($324,500).

It is also higher than in Illinois ($263,300).

It is higher than the national figure ($332,700).

In Cook County, Niles ranks 45 of 148 places with a published estimate, from highest to lowest median home value.

Statewide, it ranks 172 of 2,652.

Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.

How home values in Niles have changed since 2015–2019

2015–2019 and 2020–2024 American Community Survey 5-year estimates
2015–20192020–2024Amount of changeVerdict
Median home value$284,400 (±$6,093)$358,700 (±$7,200)+26.1%No measurable change after inflation
Median owner cost with a mortgage$1,893 (±$80)$2,159 (±$124)+14.1%Down after inflation
Median real estate taxes$5,583 (±$184)$6,118 (±$254)+9.6%Down after inflation

The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.

Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.

The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.

Median home value in places near Niles

Nearest places with a published estimate, compared with Niles
PlaceDistanceMedian home valueCompared with this place
Niles—$358,700 (±$7,200)—
Morton Grove1.5 mi$389,100 (±$11,429)Higher
Park Ridge2.0 mi$551,200 (±$22,746)Higher
Golf2.5 mi$954,700 (±$102,295)Higher
Niles Township2.7 mi$392,000 (±$7,247)Higher
Maine Township (Cook County)2.8 mi$374,800 (±$5,651)Higher
Skokie3.6 mi$387,200 (±$10,856)Higher
Glenview4.1 mi$609,600 (±$17,410)Higher
Norwood Park Township4.1 mi$381,300 (±$12,669)Higher

Nearby places with a measurably higher figure: Morton Grove, IL ($389,100), Park Ridge, IL ($551,200), Golf, IL ($954,700).

Distance is measured in a straight line between the Census Bureau’s internal points for each place.

Median home value across Cook County, place by place

RankPlaceMedian home value
39Norridge$374,900 (±$12,878)
40Maine Township (Cook County)$374,800 (±$5,651)
41Wheeling Township$372,600 (±$6,898)
42Orland Park$367,200 (±$7,603)
43Palos Heights$367,100 (±$14,785)
44Lyons Township$363,900 (±$11,013)
45Niles$358,700 (±$7,200)
46Indian Head Park$356,600 (±$28,024)
47Palatine$355,600 (±$10,491)
48Hoffman Estates$351,900 (±$8,411)
49Orland Township$349,800 (±$5,742)
50Elk Grove Village$347,100 (±$8,628)
51Prospect Heights$346,500 (±$36,356)

Showing 13 of 148 places in Cook County, ranked from highest to lowest.

Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.

Margins of error are at the 90% confidence level.

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Questions about Niles

What is the average home value in Niles, IL?

The Census Bureau publishes the median: $358,700 (±$7,200) for owner-occupied homes in Niles (2020–2024 American Community Survey).

Have home values in Niles gone up?

In Niles, the median home value went from $284,400 in 2015–2019 to $358,700 in 2020–2024 (+26.1%).

Prices (CPI-U) rose 22.7% over the same years; the change is not measurably different from the rise in prices.

Is this what homes in Niles sell for?

No: it is the value owners reported, which tends to lag the market; recent sale prices and an appraisal answer that question.

Sources

To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) for Niles village, Illinois (place:53000, in state:17).

Each estimate (E or PE) has a margin of error beside it (M or PM).

The 2015–2019 figures are B25077_001E, B25077_001M, B25088_002E, B25088_002M, B25103_001E, B25103_001M from the 2019 release.

The API needs a free key.

Request a Census API key.

DP04_0089E, DP04_0089M, DP04_0046E, DP04_0046M, DP04_0081PE, DP04_0081PM, DP04_0082PE, DP04_0082PM, DP04_0083PE, DP04_0083PM, DP04_0084PE, DP04_0084PM, DP04_0085PE, DP04_0085PM, DP04_0086PE, DP04_0086PM, DP04_0087PE, DP04_0087PM, DP04_0088PE, DP04_0088PM

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.

Figures last updated on .

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