Niles, Illinois Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings

Sold (12M)

Median Price

$525K

Market Condition

Strong Buyer's Market

Niles, Illinois Market Meter

Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price

$525K

Avg Price/Acre

$615K

Avg Days on Market

Months of Supply

999.0

YoY Price Change

New Listings (3M)

Land Market Data by Acreage

Data Type:

View:

Acreage	30D	3M	6M	12M	24M	36M
0-1 acres	-	-	1	1	1	2
1-2 acres	-	-	-	-	-	-
2-5 acres	-	-	-	-	-	-
5-10 acres	-	-	-	-	-	-
10-20 acres	-	-	-	-	-	-
20-50 acres	-	-	-	-	-	-
50-100 acres	-	-	-	-	-	-
100+ acres	-	-	-	-	-	-
TOTAL	0	0	1	1	1	2

📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold

For Sale

0-1 acres1 sold / 1 listed

Median Price by Acreage

$0$263K$525K

0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume

$525K

Last 12 months

Active Listings

Current inventory

Avg Days on Market

Time to sell

Price Trend (YoY)

Year over year

Niles, Illinois Land Market Analysis

How much is land worth in Niles, Illinois?

The median price for land in Niles, Illinois is currently $615K per acre. For a typical parcel, the median sale price is $525K. Recently, the cheapest land sold for $525K while premium lots reached $525K.

What is the average price per acre in Niles, Illinois?

Land in Niles, Illinois averages $615K per acre. The median price per acre is $615K, which may be more representative of typical transactions. Most parcels sold are around 37,200 sq ft.

What is the total land for sale in Niles, Illinois?

There are currently 1 active listings in Niles, Illinois. The median asking price is $350K.

What is the median land price in Niles, Illinois?

The median land price in Niles, Illinois stands at $525K. This translates to roughly $615K per acre for the typical parcel size.

How long does it take to sell land in Niles, Illinois?

Land in Niles, Illinois typically sells within 81 days of listing. The median time on market is 81 days. Properties are moving at a moderate pace in the current strong buyer's market.

What is the absorption rate for land in Niles, Illinois?

The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

Niles, Illinois Land Market Statistics

Niles, Illinois Market Meter

Market Overview

Land Market Data by Acreage

Market Trends & Analysis

Inventory by Acreage (12 Months)

Median Price by Acreage

Key Market Indicators

Niles, Illinois Land Market Analysis

How much is land worth in Niles, Illinois?

What is the average price per acre in Niles, Illinois?

What is the total land for sale in Niles, Illinois?

What is the median land price in Niles, Illinois?

How long does it take to sell land in Niles, Illinois?

What is the absorption rate for land in Niles, Illinois?

Data Sources & Accuracy

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