In October 2020, there were 39 homes sold, with a median sale price of $335,000 - a 14% increase over the $293,750 median sale price for the same period of the previous year. There were 32 homes sold in Niles in October 2019.
The median sales tax in Niles for the most recent year with available data, 2019, was $5,247, approximately 1.6% of the median home sale price for October 2020.
The following table compares Niles to other Cook County cities with similar median sale prices in October 2020:
| City | Oct. 2020 Home Sales | Oct. 2019 Home Sales | % change (Total Home Sales) | Oct. 2020 Median Sales Price | Oct. 2019 Median Sales Price | % change (Median Sales Price) |
|---|---|---|---|---|---|---|
| La Grange Park | 22 | 12 | 83.3% | $378,500 | $367,000 | 3.1% |
| Oak Park | 71 | 66 | 7.6% | $365,000 | $310,250 | 17.6% |
| Equestrian Woods | 1 | 0 | - | $355,000 | $0 | - |
| Arlington Heights | 130 | 86 | 51.2% | $345,250 | $290,500 | 18.8% |
| Fox Chase Estates | 1 | 0 | - | $344,000 | $0 | - |
| Niles | 39 | 32 | 21.9% | $335,000 | $293,750 | 14% |
| Willow Springs | 12 | 9 | 33.3% | $327,500 | $267,000 | 22.7% |
| Morton Grove | 43 | 30 | 43.3% | $320,000 | $296,250 | 8% |
| Orland Park | 68 | 79 | -13.9% | $315,250 | $240,000 | 31.4% |
| Norridge | 23 | 22 | 4.5% | $315,000 | $280,000 | 12.5% |
| Mission Hills Estates | 2 | 4 | -50% | $312,500 | $282,750 | 10.5% |
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