Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $175,000
    0% ( $100 ) vs Feb 2013
  • Median Sales Price
    $188,500
    2% ( $3,500 ) vs Feb 2013
  • Median Foreclosure Sales Price
    $144,250
    3% ( $3,750 ) vs Feb 2013
  • Foreclosures 362
    Homes for Sale 45
    Recently Sold 377

Market Summary

There are currently 362 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 45.

In March, the number of properties that received a foreclosure filing in Addison, IL was 26% lower than the previous month and 51% lower than the same time last year.

Home sales for February 2014 were up 22% compared with the previous month, and down 33% compared with a year ago. The median sales price of a non-distressed home was $188,500. The median sales price of a foreclosure home was $144,250, or 23% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$144,250 (Median Foreclosure Sales Price) $140,500 (Median Foreclosure Sales Price) $138,000 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $188,500 (Median Sales Price) $192,000 (Median Sales Price) $204,000 (Median Sales Price) $185,000 (Median Sales Price) $183,000 (Median Sales Price) $169,417 (Median Sales Price) $144,250 (Median Foreclosure Sales Price) $140,500 (Median Foreclosure Sales Price) $138,000 (Median Foreclosure Sales Price) $132,500 (Median Foreclosure Sales Price) $130,000 (Median Foreclosure Sales Price) $126,000 (Median Foreclosure Sales Price) $188,500 (Median Sales Price) $192,000 (Median Sales Price) $204,000 (Median Sales Price) $185,000 (Median Sales Price) $183,000 (Median Sales Price) $169,417 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
2,553
10.1
% (y-o-y)
$250,000
16.0
% (y-o-y)
64.6%
63.8
% (y-o-y)
Lombard
42
17.6
% (y-o-y)
$211,000
27.9
% (y-o-y)
23.5%
18.2
% (y-o-y)
Glendale Heights
41
21.2
% (y-o-y)
$152,000
40.7
% (y-o-y)
10.9%
13.2
% (y-o-y)
Melrose Park
41
8.9
% (y-o-y)
$129,000
20.6
% (y-o-y)
29.8%
28.0
% (y-o-y)
Elmhurst
36
12.2
% (y-o-y)
$293,000
6.5
% (y-o-y)
26.6%
0.0
% (y-o-y)
Elk Grove Village
35
0.0
% (y-o-y)
$190,000
16.9
% (y-o-y)
21.8%
40.9
% (y-o-y)
Carol Stream
32
13.5
% (y-o-y)
$162,750
4.3
% (y-o-y)
11.8%
22.9
% (y-o-y)
Villa Park
28
12.0
% (y-o-y)
$181,000
24.4
% (y-o-y)
28.7%
25.8
% (y-o-y)
Glen Ellyn
25
37.5
% (y-o-y)
$315,000
12.5
% (y-o-y)
40.6%
27.8
% (y-o-y)
Bloomingdale
24
20.0
% (y-o-y)
$247,500
27.9
% (y-o-y)
19.2%
30.2
% (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: 8.10%
Percentage of vacant homes: 2.92%