Niles Illinois Real Estate

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Niles Real Estate & Homes for Sale in Illinois

Niles, Illinois: This small village in Cook County of some 30,000 residents is ideally located just miles from Lake Michigan and about 16 miles from Chicago. Its proximity to a major metropolitan area offers Niles residents small-town living with easy access to the amenities that can only be found in a big city. The history of the area surrounding Niles dates back to the 18th century, and the city itself is more than a century old. The community’s economy is diverse and strong, resulting in household incomes and Cook County home values above the state average.

If you’re interested in outdoor recreation, Niles, Illinois is definitely the place to be. The Niles Park District maintains more than 20 parks in total, in addition to golf courses, walking and hiking trails, tennis courts, swimming pools, and much more. Additionally, nearby Lake Michigan offers fishing, boating and all manners of beach activities. There are local museums, as well as special events sponsored and organized by the city. Students in Niles are served by one of six different districts, depending on their age and location within the community. Real estate options in Niles consist primarily of single-family detached homes, condominiums and townhouses. With affordable homes, highly regarded schools, plenty of outdoor fun and easy access to one of the country’s most electrifying cities, Niles truly has something for everyone! Find real estate listings in Niles to buy homes for sale, foreclosures, properties, lakefront houses, pool homes, land lots, custom homes, new homes for sale and realtor information.

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Niles Real Estate Info: Prices of Niles Houses, Homes, Condos, Townhouses

Niles, Chicago real Estate Information: Most of the Niles real estate offerings in Cook County, IL consist of single-family detached homes fo sale. These listings begin at just under $250,000 for two to three-bedroom homes, with prices ranging up to the mid-$700,000s for five and six-bedroom estate properties and larger luxury homes. Many Niles properties offer amenities such as fireplaces and swimming pools. Condominiums for sale and townhouses in Niles are available as well, also in a range of sizes and prices. Smaller offerings with one or two bedrooms are available from the mid-$100,000s. Prices range up to just under $400,000 for units with three or more bedrooms. Land and lots for custom building are limited, but available.

Niles Real Estate Stats and Trends for the week of November 24th, 2014: homes priced around $320,638 compared to $319,066 the previous week, for a slight increase of less than +1%.  For Thursday, November 27th, the current national mortgage rate for a 30 year fixed mortgage is 3.96%; the 15 year fixed rate is at 3.07%. For a loan larger than conventional conforming loans, or 'jumbo' loan, the 30 year rate is 4.17%, while the 15 year jumbo rate currently is at 3.73%. You can calculate your mortgage rate with our mortgage calculators.  Get local info and homes for sale in Niles IL. View active real estate listings for different types of properties including new homes, houses for sale, foreclosures, short sales, and price reduced listings. Find information and property resources including prices of recently sold homes, neighborhood information, crime stats, home values, and schools in Niles to help you find the best home!

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