Addison Real Estate Statistics & Foreclosure Trends Summary

  • Median List Price
    $219,900
    16% ( $29,904 ) vs May 2013
  • Median Sales Price
    $170,000
    2% ( $3,000 ) vs May 2013
  • Median Foreclosure Sales Price
    $155,000
    0% ( $0 ) vs May 2013
  • Foreclosures 329
    Homes for Sale 77
    Recently Sold 314

Market Summary

There are currently 329 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 77.

In June, the number of properties that received a foreclosure filing in Addison, IL was 193% higher than the previous month and 11% lower than the same time last year.

Home sales for May 2014 were up 5% compared with the previous month, and down 18% compared with a year ago. The median sales price of a non-distressed home was $170,000. The median sales price of a foreclosure home was $155,000, or 9% lower than non-distressed home sales.

Sales Prices - Addison, IL




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$155,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $153,000 (Median Foreclosure Sales Price) $144,250 (Median Foreclosure Sales Price) $140,500 (Median Foreclosure Sales Price) $138,000 (Median Foreclosure Sales Price) $170,000 (Median Sales Price) $173,000 (Median Sales Price) $180,000 (Median Sales Price) $187,584 (Median Sales Price) $192,000 (Median Sales Price) $204,000 (Median Sales Price) $155,000 (Median Foreclosure Sales Price) $155,000 (Median Foreclosure Sales Price) $153,000 (Median Foreclosure Sales Price) $144,250 (Median Foreclosure Sales Price) $140,500 (Median Foreclosure Sales Price) $138,000 (Median Foreclosure Sales Price) $170,000 (Median Sales Price) $173,000 (Median Sales Price) $180,000 (Median Sales Price) $187,584 (Median Sales Price) $192,000 (Median Sales Price) $204,000 (Median Sales Price)
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Nearby Cities

Metro Total Sales Median Sales Price Foreclosure Savings
Chicago
3,647
16.7
% (y-o-y)
$277,000
13.5
% (y-o-y)
65.7%
68.0
% (y-o-y)
Lombard
79
1.3
% (y-o-y)
$210,000
16.7
% (y-o-y)
23.9%
19.6
% (y-o-y)
Elmhurst
75
2.7
% (y-o-y)
$345,000
0.5
% (y-o-y)
37.4%
42.3
% (y-o-y)
Glen Ellyn
66
14.3
% (y-o-y)
$350,000
2.2
% (y-o-y)
42.9%
58.8
% (y-o-y)
Willowbrook
61
5.2
% (y-o-y)
$345,000
2.7
% (y-o-y)
50.0%
60.6
% (y-o-y)
Melrose Park
50
9.1
% (y-o-y)
$129,500
17.7
% (y-o-y)
27.4%
11.8
% (y-o-y)
Glendale Heights
45
25.0
% (y-o-y)
$157,500
12.5
% (y-o-y)
33.3%
31.8
% (y-o-y)
Carol Stream
45
9.8
% (y-o-y)
$178,500
1.1
% (y-o-y)
17.4%
19.9
% (y-o-y)
Villa Park
45
8.2
% (y-o-y)
$176,000
13.5
% (y-o-y)
30.1%
21.1
% (y-o-y)
Elk Grove Village
42
12.5
% (y-o-y)
$219,500
18.6
% (y-o-y)
22.6%
42.7
% (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%