Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $200,000
    16% ( $37,400 ) vs Feb 2014
  • Median Sales Price
    $185,000
    9% ( $18,000 ) vs Feb 2014
  • Median Foreclosure Sales Price
    $155,000
    18% ( $35,000 ) vs Feb 2014
  • Foreclosures 207
    Homes for Sale 69
    Recently Sold 226

Market Summary

There are currently 207 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 69.

In March, the number of properties that received a foreclosure filing in Addison, IL was 64% higher than the previous month and 57% higher than the same time last year.

Home sales for February 2015 were up 20% compared with the previous month, and down 22% compared with a year ago. The median sales price of a non-distressed home was $185,000. The median sales price of a foreclosure home was $155,000, or 16% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$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) $180,000 (Median Foreclosure 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) $193,750 (Median 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) $180,000 (Median Foreclosure 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) $193,750 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
1,786
30.2
% (y-o-y)
$245,000
2.0
% (y-o-y)
60.4%
64.4
% (y-o-y)
Melrose Park
29
29.3
% (y-o-y)
$135,000
4.7
% (y-o-y)
13.6%
29.8
% (y-o-y)
Lombard
28
33.3
% (y-o-y)
$206,000
2.4
% (y-o-y)
15.5%
23.5
% (y-o-y)
Carol Stream
26
23.5
% (y-o-y)
$194,500
17.2
% (y-o-y)
Data not available
Elk Grove Village
23
34.3
% (y-o-y)
$207,500
9.2
% (y-o-y)
14.5%
21.8
% (y-o-y)
Glen Ellyn
23
11.5
% (y-o-y)
$319,500
2.2
% (y-o-y)
21.8%
40.2
% (y-o-y)
Glendale Heights
22
46.3
% (y-o-y)
$153,500
1.0
% (y-o-y)
40.6%
10.9
% (y-o-y)
Villa Park
22
24.1
% (y-o-y)
$175,000
0.6
% (y-o-y)
29.1%
26.7
% (y-o-y)
Elmhurst
19
47.2
% (y-o-y)
$352,500
20.3
% (y-o-y)
18.4%
26.6
% (y-o-y)
Bloomingdale
18
25.0
% (y-o-y)
$208,000
16.0
% (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: 7.20%
Percentage of vacant homes: 2.92%