Addison, IL Home Values & Market Trends
Real estate market trends reflect that there have been 277 transactions over the past year in Addison. The median value for residential home transactions that occurred over the previous year is $346,914.74. The number of current listings in Addison is 10, and the percentage of properties for sale in the city is 10.00%. Addison, IL currently has 43 properties in foreclosure, 0 bank owned properties, 6 properties headed for auction, and 10 properties for sale.
Addison, IL Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 60101 | $ 364,500 $ 171/sqft |
Housing Market Summary for Addison, IL
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $349.9K | $331.9K | -5.16% |
| Median Sold Price | $345.4K | $331.9K | -3.92% |
| Homes For Sale | 9 | 8 | -11.11% |
| Homes Sold | 213 | 157 | -26.29% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Addison, IL
Browse Homes in Addison, IL
Addison home values range from $24,491 to $1,762,690. The median estimated value of a home in Addison is $346,914.74. The median list price of a home is 359,000, and the total count of properties in the city is 9,281.
- Pre-ForeclosurePre-foreclosure homes account for 0.40% of all residential properties in Addison, IL with 60101 containing 37 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Addison, IL; of that zips, the estimated home value for pre-foreclosure homes ranges from $648,565 in 60101 to the lowest home value of $230,538 in 60101.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Addison, IL ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Addison, IL. There is 1 zips within Addison, IL; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions60101 has 6 auction properties, the highest number of properties going to auction in a single zip in the state of Addison, IL. Auction homes and other auction properties account for 0.06% of all properties in Addison, IL. There is 1 zips within Addison, IL; of that zips, the median estimated home value for homes going to auction ranges from $636,331 in 60101 to the lowest value of $153,897 in 60101.
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