Zip 60714 (Niles, IL) Housing

The housing market in 60714 Niles, IL is doing quite well with a median value of $332,300. This is slightly lower than the US House Median Value of $338,100 but it has appreciated more in the past year at 8.98% when compared to the US 1 year House Appreciation of 8.27%. This indicates that the housing market in 60714 Niles, IL is robust and likely to continue to increase in value over time. It is a great place for potential buyers looking for an investment property or those looking to settle down and call it their home.

The median home cost in Niles (zip 60714) is $332,300. Home appreciation the last 10 years has been 64.7%. Home Appreciation in Niles (zip 60714) is up 9.6%.

Average Age of Homes

- The median age of Niles (zip 60714) real estate is 55 years old

The Rental Market in Niles (zip 60714)

- Renters make up 22.5% of the Niles (zip 60714) population
- 1.2% of houses and apartments in Niles (zip 60714), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Niles, Illinois	United States
	12,344.0	139,647,020.0
	57	42
	$332,300	$338,100
	9.6%	16.6%
	29.7%	57.0%
	64.7%	101.1%
	$19.05	$10.98
	$5,754	$2,690
	72.7%	57.4%
	4.9%	11.2%
	22.4%	31.4%
Vacant Housing
	1.2%	1.9%
	0.3%	0.4%
	0.9%	0.7%
	0.2%	0.4%
	0.0%	3.6%
	2.3%	4.1%
Value of Owner-Occupied Housing
	0.7%	2.6%
	0.6%	2.4%
	0.1%	2.8%
	0.4%	3.9%
	0.9%	4.5%
	4.7%	11.3%
	7.5%	13.0%
	34.4%	20.1%
	34.1%	13.6%
	7.0%	8.3%
	7.9%	9.7%
	0.3%	3.9%
	0.9%	2.2%
	0.2%	0.8%
	0.3%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.8%	13.6%
	4.8%	13.6%
	8.8%	13.6%
	6.9%	13.2%
	12.5%	14.8%
	8.8%	13.6%
	34.2%	10.0%
	4.2%	4.7%
	2.2%	12.2%

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