Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $225,000
    2% ( $4,950 ) vs Dec 2013
  • Median Sales Price
    $215,000
    7% ( $13,500 ) vs Dec 2013
  • Median Foreclosure Sales Price
    $159,500
    7% ( $11,500 ) vs Dec 2013
  • Foreclosures 229
    Homes for Sale 46
    Recently Sold 242

Market Summary

There are currently 229 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 46.

In January, the number of properties that received a foreclosure filing in Addison, IL was 13% lower than the previous month and 51% lower than the same time last year.

Home sales for December 2014 were down 100% compared with the previous month, and down 100% compared with a year ago. The median sales price of a non-distressed home was $215,000. The median sales price of a foreclosure home was $159,500, or 26% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$159,500 (Median Foreclosure Sales Price) $171,000 (Median Foreclosure Sales Price) $157,000 (Median Foreclosure Sales Price) $177,780 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $166,750 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $201,500 (Median Sales Price) $194,500 (Median Sales Price) $193,500 (Median Sales Price) $200,275 (Median Sales Price) $200,275 (Median Sales Price) $159,500 (Median Foreclosure Sales Price) $171,000 (Median Foreclosure Sales Price) $157,000 (Median Foreclosure Sales Price) $177,780 (Median Foreclosure Sales Price) $170,000 (Median Foreclosure Sales Price) $166,750 (Median Foreclosure Sales Price) $215,000 (Median Sales Price) $201,500 (Median Sales Price) $194,500 (Median Sales Price) $193,500 (Median Sales Price) $200,275 (Median Sales Price) $200,275 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
618
81.0
% (y-o-y)
$260,000
1.6
% (y-o-y)
63.8%
64.8
% (y-o-y)
Melrose Park
14
77.8
% (y-o-y)
$130,000
0.0
% (y-o-y)
9.6%
19.2
% (y-o-y)
Franklin Park
9
62.5
% (y-o-y)
$135,000
4.4
% (y-o-y)
20.7%
4.1
% (y-o-y)
Glendale Heights
8
85.7
% (y-o-y)
$149,900
15.3
% (y-o-y)
Data not available
Lombard
7
89.1
% (y-o-y)
$202,000
1.5
% (y-o-y)
23.3%
21.2
% (y-o-y)
Villa Park
7
80.6
% (y-o-y)
$185,000
10.1
% (y-o-y)
Data not available
Roselle
6
84.6
% (y-o-y)
$199,250
3.7
% (y-o-y)
20.2%
17.9
% (y-o-y)
Carol Stream
6
79.3
% (y-o-y)
$207,500
14.3
% (y-o-y)
42.2%
13.9
% (y-o-y)
Elmhurst
6
86.4
% (y-o-y)
$320,000
6.7
% (y-o-y)
Data not available
Bloomingdale
4
89.2
% (y-o-y)
$237,000
18.5
% (y-o-y)
25.7%
27.5
% (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%