Current Price

$369,412

1 Month Forecast

â–² $402,394

1-Year Forecast *

â–² $414,899

5-Year Forecast *

â–² $490,428

"Is it a good time to buy homes in Niles?" "Does investing in real estate in Niles (Illinois State, Cook County) worth it?" According to our live Forecast System, buying a house in Niles is a good short-term (1-year) investment*. The Niles average house/property forecasts are updated every month with the latest median property prices by smart technical real estate market analysis. Q&A about "Niles" projections.
At Walletinvestor.com we predict future home values/prices with real estate market analysis for a wide selection of properties, for example houses in Niles in Illinois State, Cook County. If you are looking for homes for sale with good flipping profit, Niles can be a profitable property investment option. The median price of an average house in Niles was 369,412 USD on 2026-02-16. Based on our forecasts, a long-term increase is expected, the predicted price of an average home in the "Niles" area is 490,428 USD by 2031-02-16. For a 5-year investment the profit is expected to be around +32.76% meaning that investing 100000 USD today may yield a profit of 32,759 USD by 2031.

Current Median Listing Price: 369,412 USD Median Listing Price Per Square Foot: 205 USD

Niles Real Estate Forecast Chart, Short-Term Housing Market Forecast for The Upcoming Months and Year

The short-term real estate market forecast is based on the median home listing prices from the last 5 years.

Niles (Illinois State) Forecast Chart, Long-Term Predictions for Next Months and Years: 2026-2032

The long-term housing forecast is based on all the available median listing price recorded up to today.

Niles Price Target

Niles median home price target in 12 months: $414,899* (upside of 12.3%)

14 Years Historical Data

DateOpening priceClosing priceMinimum priceMaximum price
2025 $390,726 $400,120 $390,726 $400,120
2024 $346,926 $369,412 $346,926 $369,412
2023 $327,136 $346,446 $327,136 $346,446
2022 $312,055 $327,137 $312,055 $334,483
2021 $291,517 $309,641 $291,517 $310,780
2020 $276,219 $288,933 $276,219 $288,933
2019 $275,756 $275,001 $275,001 $280,097
2018 $273,917 $275,797 $273,917 $281,630
2017 $262,542 $272,065 $262,542 $272,065
2016 $249,448 $260,656 $249,448 $260,656
2015 $235,283 $247,692 $234,667 $247,692
2014 $216,884 $235,513 $216,884 $235,513
2013 $186,100 $214,440 $186,100 $214,440
2012 $193,173 $185,403 $182,985 $193,173

Questions & Answers about the Niles Housing Market Forecast

How much does an average home cost in Niles today?

The value of an average home (the listing price) in Niles is $369,412 USD.

What is the average price per square foot in Niles?

According to Walletinvestor the median price per square foot in Niles is 205 USD.

Will the median listing price of homes in Niles grow / rise / go up?

Yes. The Niles home prices may rise from 369,412 USD to 414,899 USD in one year.

Is it profitable to invest in Niles homes?

Yes. The long-term profit potential is +12.31% in one year.

Will Niles house prices fall / drop?

No. See above.

What is the predicted price of a Niles home in 2030?

The predicted home sales price of a Niles home in 2030 in Niles is 469,589 USD.

What is the predicted price of a Niles home in 2035?

The predicted home sales price of a Niles home in 2035 in Niles is 578,299 USD.

Will real estate prices decrease in Niles?

According to our analysis, it is unlikely to happen.

Short-Term Outlook Based On The Last 12 Months

Niles is the 1829. largest city in the United States, located in Illinois State.

During the last 12 months the real estate prices in Cook, Niles decreased, looking at the past 12 months.

According to Walletinvestor's Niles real estate market research, home values will increase in the next 12 months.

Median home values decreased by 5.960% to 369,412 USD, between 2025-02-16 and 2026-02-16

The average annual profit of property investment was:

  • 12.933% in 2021
  • 12.933% in 2022
  • 12.063% in 2023
  • 12.803% in 2024
  • 13.163% in 2025
  • 10.933% in 2026

Based on our Niles real estate market research and report the predicted sales prices will increase by 219.388% in the next 10 years.

Over the last 12 months, the value of homes in Niles fluctuated: increasing 5 times .

Niles (Illinois) Housing Market Price Prediction, Forecast for next months and years

Below you will find the price predictions for 2026, 2027, 2028, 2029, 2030, 2031, 2032, 2033.

Date Average price Minimum price Maximum price
Niles Housing Market Forecast with Real Estate Prices for 2025
August 2025 402394 372215 432574
September 2025 404682 371902 437461
October 2025 406982 375237 438727
November 2025 409295 370412 448179
December 2025 411245 385748 436742
Niles Housing Market Forecast with Real Estate Prices for 2026
January 2026 411638 383235 440041
February 2026 410257 372513 448000
March 2026 409214 382615 435813
April 2026 408919 379477 438361
May 2026 410222 375763 444681
June 2026 412554 372949 452159
July 2026 414899 392494 437304
August 2026 417257 389718 444796
September 2026 419629 385639 453619
October 2026 422015 388675 455354
November 2026 424413 395553 453274
December 2026 424237 386056 462418
Niles Housing Market Forecast with Real Estate Prices for 2027
January 2027 422813 400404 445223
February 2027 421395 382626 460163
March 2027 419981 391002 448959
April 2027 418634 382632 454637
May 2027 418966 391314 446618
June 2027 418964 390893 447035
July 2027 419598 390646 448551
August 2027 420768 385003 456533
September 2027 423160 402002 444318
October 2027 425565 396201 454929
November 2027 427984 385186 470783
December 2027 430417 390388 470446
Niles Housing Market Forecast with Real Estate Prices for 2028
January 2028 432864 389577 476150
February 2028 435263 413500 457026
March 2028 437357 400181 474532
April 2028 439428 396804 482053
May 2028 440740 400633 480848
June 2028 441351 409574 473129
July 2028 442621 408539 476703
August 2028 445137 405520 484754
September 2028 447667 412301 483033
October 2028 450212 422299 478125
November 2028 452771 415191 490351
December 2028 454547 417274 491820
Niles Housing Market Forecast with Real Estate Prices for 2029
January 2029 456147 433340 478954
February 2029 457668 415105 500232
March 2029 459205 418795 499616
April 2029 461816 438263 485368
May 2029 464441 432394 496487
June 2029 467081 422241 511921
July 2029 469589 434370 504809
August 2029 471205 444817 497592
September 2029 472986 436093 509879
October 2029 474306 443951 504662
November 2029 475661 431424 519897
December 2029 478310 450090 506531
Niles Housing Market Forecast with Real Estate Prices for 2030
January 2030 481029 439180 522879
February 2030 483763 438773 528754
March 2030 486513 451484 521542
April 2030 489279 452583 525975
May 2030 491610 463096 520123
June 2030 492079 452713 531445
July 2030 490428 461983 518873
August 2030 489181 440752 537610
September 2030 488829 455589 522069
October 2030 490387 452627 528146
November 2030 493174 464570 521778
December 2030 495977 459275 532680
Niles Housing Market Forecast with Real Estate Prices for 2031
January 2031 498797 454404 543190
February 2031 501632 456485 546779
March 2031 504484 467656 541311
April 2031 507351 457631 557072
May 2031 507140 465048 549233
June 2031 505439 458938 551939
July 2031 503743 454879 552606
August 2031 502052 465904 538200
September 2031 500442 472418 528467
October 2031 500839 470288 531390
November 2031 500837 461772 539902
December 2031 501595 461969 541221
Niles Housing Market Forecast with Real Estate Prices for 2032
January 2032 502993 462251 543736
February 2032 505853 474490 537215
March 2032 508728 481765 535691
April 2032 511620 470690 552549
May 2032 514528 476453 552603
June 2032 517453 484853 550052
July 2032 520321 488061 552581

> Page 2: detailed data / price table <

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* Our real estate forecasts and predictions are made by Machine Learning & AI, and shouldn't been used for financial decisions. We can't guarantee any profit.