Housing in Addison, IL
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$420,000
Median List Price
$384,900
Price Per Sq Ft
$202
Days on Market
36
Active Inventory
46
Months of Supply
4.2
Balanced market
Zillow Home Value
$360,834
ZHVI — January 2026
Zillow Rent Index
$1,954
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
36.4%
Off Market in 2 Weeks
38.9%
Sale-to-List Ratio
98.3%
Buyer's market
Market Activity
Source: RedfinHomes Sold
11
New Listings
18
Pending Sales
18
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$202
Median List $/SF
$245
Addison vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. Addison is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$318,000
Median Rent
$1,238
Total Housing Units
13,449
Vacancy Rate
2.8%
Owner Occupied
67.1%
Renter Occupied
32.9%
Median Property Tax
$6,520
per year
Monthly Cost (w/ Mortgage)
$1,476
Housing Types
The current median sale price in Addison, IL is $420,000 according to Redfin data. Homes spend a median of 36 days on the market. 36.4% of homes sold above asking price. The market has 4.2 months of supply. The median price per square foot is $202. Zillow's observed rent index is $1,954/month. About 67.1% of housing units are owner-occupied. The median year homes were built is 1972. There are 13,449 total housing units.