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New Construction Homes in Niles, IL
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$899,000 Lot/Land
6600 N Normandy Ave, Niles, IL 60714
- 37,026 Sq Ft
- $1,057,647 per Acre
What warranties come with a new construction home?
Most Builders provide a 1-year workmanship warranty, a 2-year systems warranty, and a 10-year structural warranty.
What upgrades are included in a new build vs what is considered extras?
Builders in Niles, IL usually offer a base package and optional upgrades such as flooring, countertops, and appliances.
Do new construction homes in Niles, IL hold their value?
Yes, especially in fast-growing areas of Niles, IL. Resale values are supported by population growth, job opportunities, and desirable schools.
What happens if I find issues after moving in to new build?
Builders typically provide a post-move in warranty service to address punch list items.
Home Trends in Niles, IL
On average, homes in Niles, IL sell after 28 days on the market compared to the national average of 58 days. The median sale price for homes in Niles, IL over the last 12 months is $391,000, up 1% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$391,000
Median Single Family Sale Price
$470,000
Median Townhouse Sale Price
$352,500
Median 2 Bedroom Sale Price
$255,000
Median 1 Bedroom Sale Price
$175,000
Average Price Per Sq Ft
$276
Number of Homes for Sale
24
Last 12 months Home Sales
242
Months of Supply
1.20
Median List Price
$399,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%