January 2026 Niles Housing Market Update | Detached Home Prices $450K +5.9% Growth

The Niles housing market is off to a steady start in 2026. According to Info Sparks data as of January 2026, the median price for detached single-family homes reached $450,000, marking a 5.9% year-over-year increase.

This consistent growth highlights Niles as a reliable choice for buyers seeking value near Chicago and for homeowners in a market showing stability and long-term potential.

What the Numbers Mean for Niles – January 2026

A 5.9% increase signals healthy buyer demand without the volatility seen in other markets. Niles continues to attract buyers looking for suburban space while maintaining easy access to downtown Chicago.

For homeowners, this means:

• Continued equity growth

• Strong interest from buyers for well-priced homes

• Favorable conditions for selling

For buyers, this indicates:

• A stable market with predictable appreciation

• Opportunities to purchase before prices rise further

• Long-term value compared to higher-priced Western Suburbs

Why Buyers Are Targeting Niles

Niles remains a highly desirable Western Suburb thanks to:

• Established neighborhoods with mature trees and character-filled homes

• Convenient access to downtown Chicago via Metra and major highways

• Strong local schools appealing to families

• Parks, shopping, and dining options nearby

• Diverse housing options at approachable price points

These features support steady home values and continued buyer interest across the market.

Local Expertise Matters in Niles

Data tells one part of the story—local knowledge tells the rest.

Our team works with buyers and sellers throughout Chicago, North Shore, and the Western Suburbs, providing:

• Accurate pricing strategies based on hyper-local data

• Marketing that reaches serious, qualified buyers

• Skilled negotiation to protect client value

• Guidance throughout the buying or selling process

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Ranked as a top 1% team in the Chicagoland market, Cory Tanzer and the Cory Tanzer Group specialize in Chicago, North Shore, and Western Suburbs real estate. With deep local expertise and a proven track record, Cory and his team help clients buy and sell with clarity, confidence, and results.