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Foreclosure Homes in Addison, IL

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Addison, IL Foreclosures

How much do homes sell for in Addison, IL?
The average home price is currently $481,361.
In Addison, IL, how many homes are available?
There are currently 241 active home listings available in Addison.
What’s the average rental cost in Addison, IL?
The average rental price in Addison is $1,874.
What is the most expensive home in Addison?
The most expensive home sold in Addison had a price of $46,520,616.
What is currently the cheapest priced home in Addison, IL?
The cheapest home for sale in Addison is priced at $15,507.

Living in Addison, IL

Addison is a friendly suburban community in Illinois, known for its beautiful parks and convenient access to Chicago. With a variety of amenities and family-oriented activities, it offers residents a perfect blend of suburban comfort and city proximity.

Current Market Conditions in Addison, IL

The real estate market in Addison continues to show a steady demand, with homes typically selling quickly due to the area's desirable location and community amenities. Neighborhoods are characterized by well-kept homes, good schools, and convenient access to parks and shopping centers.

Home Value Estimator For Addison, IL

There are currently 11,121 real estate properties in Addison, IL, with a median automated valuation model (AVM) price of $368,430.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Addison, IL, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Addison, IL, is $481,361.00, with the most expensive house in Addison, IL, topping out at $46,520,616.00 and the cheapest home in Addison, IL, clocking in at $15,507.00. In other words, there’s something for every potential homebuyer or savvy investor in Addison, IL!

Rent Prices In Addison, IL

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Addison, IL, is on a rollercoaster ride. The average rent price in Addison, IL, is $1,874.00. Indeed, when looking to rent in Addison, IL, you can expect to pay as little as $570.00 or as much as $3,520.00, with the average rent median estimated to be $1,790.00. The good news is that finding an affordable and desirable property to rent in Addison, IL -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Addison, IL Foreclosures


Market Trend for Addison, IL

Total Listings Available: 241

Market Values:

Home Prices from $15,507 to $46,520,616

Average Sales Price: $481,361

Rental Values:

Rental from $570 to $3,520

Average Rent Value: $1,874 / month

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