Addison, IL

Balanced market+1.1% YoY

Housing market overview · Updated weekly

$374,000median sale price

Homes sold

14

Last 12 weeks

Days on market

88

Average pace

Active listings

53

3.8 months supply

Sale-to-list

100.5%

Above asking

The Addison housing market is currently classified as a balanced market with a median sale price of $374,000. Prices have risen 1.1% compared to last year, with homes spending an average of 88 days on market, indicating 3.8 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.

Market trends

Homes for sale in Addison

There are currently 53 homes listed for sale in Addison, Illinois. The median listing price is $390K.

Active listings

53

Homes on market

Median list price

$390K

Avg. days on market

88

Days until sale

New this week

27

Newly listed

Price drops:11.3%of listings
Sale-to-list:100.5%

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Frequently asked questions

What is the average home price in Addison?

The median home sale price in Addison is $374,000, up 1.1% from last year.

How long do homes stay on market in Addison?

Homes typically spend 88 days on market before going under contract.

Is Addison a buyer's or seller's market?

With 3.8 months of supply, Addison is currently a balanced market.

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