Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $228,000
    14% ( $28,000 ) vs Mar 2014
  • Median Sales Price
    $182,250
    1% ( $2,750 ) vs Mar 2014
  • Median Foreclosure Sales Price
    $159,500
    3% ( $4,500 ) vs Mar 2014
  • Foreclosures 203
    Homes for Sale 66
    Recently Sold 195

Market Summary

There are currently 203 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 66.

In April, the number of properties that received a foreclosure filing in Addison, IL was 42% lower than the previous month and 30% lower than the same time last year.

Home sales for March 2015 were down 50% compared with the previous month, and down 67% compared with a year ago. The median sales price of a non-distressed home was $182,250. The median sales price of a foreclosure home was $159,500, or 12% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$159,500 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $162,000 (Median Foreclosure Sales Price) $166,500 (Median Foreclosure Sales Price) $156,000 (Median Foreclosure Sales Price) $182,250 (Median Sales Price) $185,000 (Median Sales Price) $203,000 (Median Sales Price) $213,500 (Median Sales Price) $201,500 (Median Sales Price) $195,000 (Median Sales Price) $159,500 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $190,000 (Median Foreclosure Sales Price) $162,000 (Median Foreclosure Sales Price) $166,500 (Median Foreclosure Sales Price) $156,000 (Median Foreclosure Sales Price) $182,250 (Median Sales Price) $185,000 (Median Sales Price) $203,000 (Median Sales Price) $213,500 (Median Sales Price) $201,500 (Median Sales Price) $195,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,149
62.8
% (y-o-y)
$240,000
2.0
% (y-o-y)
59.2%
63.5
% (y-o-y)
Glendale Heights
23
56.6
% (y-o-y)
$150,000
3.2
% (y-o-y)
10.0%
25.2
% (y-o-y)
Lombard
22
61.4
% (y-o-y)
$214,000
1.9
% (y-o-y)
26.8%
24.1
% (y-o-y)
Carol Stream
20
56.5
% (y-o-y)
$162,100
7.4
% (y-o-y)
Data not available
Elk Grove Village
18
28.0
% (y-o-y)
$221,500
22.4
% (y-o-y)
35.2%
28.5
% (y-o-y)
Melrose Park
15
70.6
% (y-o-y)
$128,250
2.6
% (y-o-y)
11.0%
28.0
% (y-o-y)
Elmhurst
13
81.9
% (y-o-y)
$374,000
25.5
% (y-o-y)
34.4%
27.9
% (y-o-y)
Bensenville
12
33.3
% (y-o-y)
$193,750
0.4
% (y-o-y)
34.9%
26.2
% (y-o-y)
Franklin Park
11
8.3
% (y-o-y)
$148,500
0.7
% (y-o-y)
24.6%
25.4
% (y-o-y)
Bloomingdale
9
72.7
% (y-o-y)
$209,000
19.0
% (y-o-y)
Data not available

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: 6.90%
Percentage of vacant homes: 2.92%