Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $214,450
    7% ( $14,550 ) vs Sep 2013
  • Median Sales Price
    $193,500
    3% ( $6,775 ) vs Sep 2013
  • Median Foreclosure Sales Price
    $177,780
    5% ( $7,780 ) vs Sep 2013
  • Foreclosures 270
    Homes for Sale 28
    Recently Sold 325

Market Summary

There are currently 270 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 28.

In October, the number of properties that received a foreclosure filing in Addison, IL was 45% lower than the previous month and 56% lower than the same time last year.

Home sales for September 2014 were up 33% compared with the previous month, and up 30% compared with a year ago. The median sales price of a non-distressed home was $193,500. The median sales price of a foreclosure home was $177,780, or 8% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$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) $155,000 (Median Foreclosure 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) $173,000 (Median 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) $155,000 (Median Foreclosure 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) $173,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
4,445
3.5
% (y-o-y)
$290,000
5.8
% (y-o-y)
65.5%
67.7
% (y-o-y)
Lombard
87
4.4
% (y-o-y)
$205,000
0.0
% (y-o-y)
22.0%
35.9
% (y-o-y)
Glen Ellyn
70
9.1
% (y-o-y)
$330,000
5.8
% (y-o-y)
Data not available
Elk Grove Village
60
20.0
% (y-o-y)
$208,000
3.3
% (y-o-y)
40.5%
30.2
% (y-o-y)
Willowbrook
58
3.6
% (y-o-y)
$297,000
1.1
% (y-o-y)
73.1%
54.0
% (y-o-y)
Carol Stream
57
14.9
% (y-o-y)
$213,750
18.8
% (y-o-y)
36.1%
28.3
% (y-o-y)
Melrose Park
57
23.0
% (y-o-y)
$135,000
7.1
% (y-o-y)
34.1%
24.6
% (y-o-y)
Glendale Heights
56
15.2
% (y-o-y)
$167,000
38.6
% (y-o-y)
24.0%
5.0
% (y-o-y)
Elmhurst
55
43.3
% (y-o-y)
$379,250
16.7
% (y-o-y)
39.5%
19.3
% (y-o-y)
Bloomingdale
42
4.5
% (y-o-y)
$230,000
1.3
% (y-o-y)
18.5%
34.4
% (y-o-y)

Local Info For Addison

Population:
36,670
Cost of Living Index: 114.72
Crime Index: 51.82     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%