Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $227,450
    6% ( $13,000 ) vs Oct 2013
  • Median Sales Price
    $194,500
    1% ( $1,000 ) vs Oct 2013
  • Median Foreclosure Sales Price
    $157,000
    12% ( $20,780 ) vs Oct 2013
  • Foreclosures 266
    Homes for Sale 43
    Recently Sold 320

Market Summary

There are currently 266 properties in Addison, IL that are in some stage of foreclosure (default, auction or bank owned) while the number of homes listed for sale on RealtyTrac is 43.

In November, the number of properties that received a foreclosure filing in Addison, IL was 6% higher than the previous month and 5% lower than the same time last year.

Home sales for October 2014 were down 8% compared with the previous month, and up 29% compared with a year ago. The median sales price of a non-distressed home was $194,500. The median sales price of a foreclosure home was $157,000, or 19% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$157,000 (Median Foreclosure Sales Price) $177,780 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $166,750 (Median Foreclosure Sales Price) $165,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $194,500 (Median Sales Price) $193,500 (Median Sales Price) $200,275 (Median Sales Price) $200,275 (Median Sales Price) $189,000 (Median Sales Price) $170,000 (Median Sales Price) $157,000 (Median Foreclosure Sales Price) $177,780 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $166,750 (Median Foreclosure Sales Price) $165,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $194,500 (Median Sales Price) $193,500 (Median Sales Price) $200,275 (Median Sales Price) $200,275 (Median Sales Price) $189,000 (Median Sales Price) $170,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
4,435
20.1
% (y-o-y)
$280,000
5.7
% (y-o-y)
62.5%
65.7
% (y-o-y)
Lombard
102
17.2
% (y-o-y)
$203,000
1.5
% (y-o-y)
26.1%
32.5
% (y-o-y)
Melrose Park
67
9.5
% (y-o-y)
$135,000
6.5
% (y-o-y)
21.9%
25.8
% (y-o-y)
Elmhurst
62
1.6
% (y-o-y)
$372,500
16.4
% (y-o-y)
28.8%
20.8
% (y-o-y)
Glen Ellyn
60
7.1
% (y-o-y)
$360,000
16.1
% (y-o-y)
Data not available
Willowbrook
53
8.2
% (y-o-y)
$289,000
10.3
% (y-o-y)
Data not available
Bloomingdale
48
41.2
% (y-o-y)
$238,000
20.8
% (y-o-y)
18.1%
24.4
% (y-o-y)
Carol Stream
47
20.5
% (y-o-y)
$211,000
16.3
% (y-o-y)
32.1%
21.8
% (y-o-y)
Elk Grove Village
46
21.1
% (y-o-y)
$210,000
3.4
% (y-o-y)
36.9%
12.2
% (y-o-y)
Glendale Heights
39
31.6
% (y-o-y)
$160,000
32.0
% (y-o-y)
20.6%
7.4
% (y-o-y)

Local Info For Addison

Population:
36,670
Cost of Living Index: 114.72
Crime Index: 59.58     Rating: B+ View crime details
Schools: 8    Average School Rating: C View individual school rating
Household Median Income: $61,287
Unemployment: 5.20%
Percentage of vacant homes: 2.92%