Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $244,900
    7% ( $15,000 ) vs Dec 2015
  • Median Sales Price
    $199,000
    3% ( $6,000 ) vs Dec 2015
  • Median Foreclosure Sales Price
    $161,589
    26% ( $56,911 ) vs Dec 2015
  • Foreclosures 129
    Homes for Sale 60
    Recently Sold 77

Market Summary

There are currently 129 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 60.

In January, the number of properties that received a foreclosure filing in Addison, IL was 73% higher than the previous month and 5% lower than the same time last year.

Home sales for December 2016 were up 33% compared with the previous month, and up 60% compared with a year ago. The median sales price of a non-distressed home was $199,000. The median sales price of a foreclosure home was $161,589, or 19% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$161,589 (Median Foreclosure Sales Price) $218,500 (Median Foreclosure Sales Price) $218,500 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $191,140 (Median Foreclosure Sales Price) $180,550 (Median Foreclosure Sales Price) $199,000 (Median Sales Price) $205,000 (Median Sales Price) $226,250 (Median Sales Price) $235,000 (Median Sales Price) $230,000 (Median Sales Price) $214,900 (Median Sales Price) $161,589 (Median Foreclosure Sales Price) $218,500 (Median Foreclosure Sales Price) $218,500 (Median Foreclosure Sales Price) $200,000 (Median Foreclosure Sales Price) $191,140 (Median Foreclosure Sales Price) $180,550 (Median Foreclosure Sales Price) $199,000 (Median Sales Price) $205,000 (Median Sales Price) $226,250 (Median Sales Price) $235,000 (Median Sales Price) $230,000 (Median Sales Price) $214,900 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
493
69.4
% (y-o-y)
$185,000
23.7
% (y-o-y)
65.9%
57.1
% (y-o-y)
Glendale Heights
13
48.0
% (y-o-y)
$186,000
70.8
% (y-o-y)
32.5%
1.5
% (y-o-y)
Glen Ellyn
12
14.3
% (y-o-y)
$328,500
19.5
% (y-o-y)
Data not available
Lombard
10
64.3
% (y-o-y)
$238,000
40.1
% (y-o-y)
18.1%
13.6
% (y-o-y)
Melrose Park
10
66.7
% (y-o-y)
$182,500
0.3
% (y-o-y)
Data not available
Roselle
7
30.0
% (y-o-y)
$267,000
40.5
% (y-o-y)
Data not available
Villa Park
7
66.7
% (y-o-y)
$222,750
29.5
% (y-o-y)
22.1%
0.0
% (y-o-y)
Elmhurst
7
70.8
% (y-o-y)
$645,000
94.0
% (y-o-y)
Data not available
Franklin Park
7
46.2
% (y-o-y)
Data not available
Data not available
Bloomingdale
5
61.5
% (y-o-y)
$247,500
120.0
% (y-o-y)
Data not available

Local Info For Addison

Population:
36,670
Cost of Living Index: 114.72
Crime Index: 78.50     Rating: B View crime details
Schools: 8    Average School Rating: C View individual school rating
Household Median Income: $61,287
Unemployment: 5.70%
Percentage of vacant homes: 2.92%

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