From July to September, 136 homes sold in Niles for a median price of $269,500. That's 1.6 percent lower than median home sale prices for the third quarter of 2017.
In the third quarter, 5 homes in Niles were in foreclosure.
Median property tax for homeowners in Niles was $5,591.77 in 2017 according to tax data from that year. That means homeowners pay 2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Niles real estate: Q3 2009-2018
Properties sold
Median sale price
Change in sale price
2009
73
$291,330
-
2010
61
$247,380
-15.1%
2011
78
$206,225
-16.6%
2012
105
$218,000
5.7%
2013
131
$234,360
7.5%
2014
126
$254,400
8.6%
2015
158
$253,075
-0.5%
2016
143
$267,750
5.8%
2017
137
$273,870
2.3%
2018
136
$269,500
-1.6%
Median property tax
Median sale price
Effective property tax rate
2009
$5,763.59
$291,330
2%
2010
$5,199.15
$247,380
2.1%
2011
$5,284.12
$206,225
2.6%
2012
$5,984.39
$218,000
2.7%
2013
$5,011.77
$234,360
2.1%
2014
$5,136.37
$254,400
2%
2015
$5,233.76
$253,075
2.1%
2016
$5,349.99
$267,750
2%
2017
$5,591.77
$273,870
2%
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