Why Live in Ballard Terrace
Ballard Terrace in Niles is a diverse neighborhood featuring a mix of single-family homes, townhouses, and apartment buildings. Home styles range from ranch-style and bilevel homes with beige brick and stone façades to custom builds exceeding 4,000 square feet. Prices for these homes vary, with single-family homes ranging from $320,000 to around $1 million, and townhomes priced between $220,000 and $350,000. The neighborhood is known for its community spirit, with residents frequently participating in block parties supported by the city. Golf Mill Park is a central attraction, offering paved walking paths, ball fields, and courts, and hosting events like the District 63 Education Foundation Fun Fest & Carnival and Holly Jolly Fest. Milwaukee Avenue provides essential shopping and dining options, including Papagalino’s Café and Niles Grill Diner. While the area is primarily car-dependent, the Niles Free Bus and nearby Metra stops offer public transit options. For longer commutes, I-294 and I-94 provide routes to Chicago, and Chicago O'Hare International Airport is 8 miles away. Students attend schools in the East Maine School District 63, with Gemini Middle School earning high ratings. The neighborhood's crime rate is lower than the national average, contributing to its appeal for families.
Home Trends in Ballard Terrace, IL
On average, homes in Ballard Terrace, Niles sell after 23 days on the market compared to the national average of 52 days. The median sale price for homes in Ballard Terrace, Niles over the last 12 months is $320,000, down 21% from the median home sale price over the previous 12 months.
Median Sale Price
$320,000
Median Single Family Sale Price
$450,000
Median Townhouse Sale Price
$312,000
Median 2 Bedroom Sale Price
$215,000
Average Price Per Sq Ft
$260
Number of Homes for Sale
2
Last 12 months Home Sales
17
Median List Price
$319,999
Median Change From 1st List Price
1%
Median Home Sale Price YoY Change
-21%