Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $229,950
    2% ( $4,950 ) vs Nov 2013
  • Median Sales Price
    $201,500
    4% ( $7,000 ) vs Nov 2013
  • Median Foreclosure Sales Price
    $171,000
    9% ( $14,000 ) vs Nov 2013
  • Foreclosures 256
    Homes for Sale 46
    Recently Sold 285

Market Summary

There are currently 256 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 46.

In December, the number of properties that received a foreclosure filing in Addison, IL was 28% higher than the previous month and 23% lower than the same time last year.

Home sales for November 2014 were down 48% compared with the previous month, and up 10% compared with a year ago. The median sales price of a non-distressed home was $201,500. The median sales price of a foreclosure home was $171,000, or 15% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$171,000 (Median Foreclosure 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) $201,500 (Median 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) $171,000 (Median Foreclosure 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) $201,500 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,098
30.9
% (y-o-y)
$272,500
4.8
% (y-o-y)
65.1%
65.4
% (y-o-y)
Lombard
43
12.2
% (y-o-y)
$203,000
0.2
% (y-o-y)
26.1%
27.9
% (y-o-y)
Glen Ellyn
36
32.1
% (y-o-y)
$345,000
1.5
% (y-o-y)
4.3%
36.7
% (y-o-y)
Elmhurst
33
55.4
% (y-o-y)
$335,000
7.2
% (y-o-y)
Data not available
Melrose Park
31
34.0
% (y-o-y)
$140,750
11.7
% (y-o-y)
21.8%
25.0
% (y-o-y)
Willowbrook
28
49.1
% (y-o-y)
$321,750
46.3
% (y-o-y)
74.5%
58.5
% (y-o-y)
Villa Park
26
27.8
% (y-o-y)
$186,000
10.7
% (y-o-y)
Data not available
Elk Grove Village
25
43.2
% (y-o-y)
$210,500
4.3
% (y-o-y)
42.0%
18.2
% (y-o-y)
Bloomingdale
24
31.4
% (y-o-y)
$225,000
13.6
% (y-o-y)
21.8%
21.8
% (y-o-y)
Carol Stream
24
44.2
% (y-o-y)
$211,500
5.8
% (y-o-y)
32.3%
25.0
% (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: 5.60%
Percentage of vacant homes: 2.92%