Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $229,450
    1% ( $1,450 ) vs Apr 2014
  • Median Sales Price
    $176,000
    3% ( $6,250 ) vs Apr 2014
  • Median Foreclosure Sales Price
    $164,500
    3% ( $5,000 ) vs Apr 2014
  • Foreclosures 193
    Homes for Sale 80
    Recently Sold 145

Market Summary

There are currently 193 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 80.

In May, the number of properties that received a foreclosure filing in Addison, IL was 38% higher than the previous month and 107% higher than the same time last year.

Home sales for April 2015 were up 22% compared with the previous month, and down 50% compared with a year ago. The median sales price of a non-distressed home was $176,000. The median sales price of a foreclosure home was $164,500, or 7% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$164,500 (Median Foreclosure 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) $176,000 (Median 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) $164,500 (Median Foreclosure 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) $176,000 (Median 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)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,681
59.3
% (y-o-y)
$250,000
4.2
% (y-o-y)
61.2%
65.5
% (y-o-y)
Elmhurst
40
28.6
% (y-o-y)
$359,500
16.0
% (y-o-y)
36.0%
35.6
% (y-o-y)
Carol Stream
33
6.5
% (y-o-y)
$158,500
14.3
% (y-o-y)
Data not available
Lombard
33
54.8
% (y-o-y)
$223,500
6.7
% (y-o-y)
29.9%
15.0
% (y-o-y)
Glen Ellyn
32
48.4
% (y-o-y)
$330,000
1.5
% (y-o-y)
Data not available
Villa Park
26
3.7
% (y-o-y)
$167,750
2.8
% (y-o-y)
25.4%
36.2
% (y-o-y)
Melrose Park
25
45.7
% (y-o-y)
$140,000
21.7
% (y-o-y)
19.3%
20.0
% (y-o-y)
Glendale Heights
22
52.2
% (y-o-y)
$137,500
10.1
% (y-o-y)
Data not available
Bloomingdale
20
25.9
% (y-o-y)
$212,000
13.0
% (y-o-y)
1.8%
42.6
% (y-o-y)
Willowbrook
20
64.9
% (y-o-y)
$413,000
10.1
% (y-o-y)
27.9%
53.3
% (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%