All Home Types
Addison, IL Housing Market
What is the housing market like in Addison today?
In October 2024, Addison home prices were down 13.1% compared to last year, selling for a median price of $330K. On average, homes in Addison sell after 52 days on the market compared to 54 days last year. There were 30 homes sold in October this year, up from 25 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$329,500
-13.1% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
Addison, IL
$329,500
-13.1%
United States
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Addison Migration & Relocation Trends
In Sep '24 - Nov '24, 14% of Addison homebuyers searched to move out of Addison, while 86% looked to stay within the metropolitan area.
- Across the nation, 3% of homebuyers searched to move into Addison from outside metros.
- New York homebuyers searched to move into Addison more than any other metro followed by Peoria and St. Louis.
Where are people moving to Addison from?
- 86% of Addison homebuyers searched to stay within the Addison metropolitan area.
- Cape Coral was the most popular destination among Addison homebuyers followed by Milwaukee and South Bend.
Where are people from Addison moving to?
Number of People Moving to Addison
least
most
People are moving to Addison from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,027 | ||
| 2 | 1,058 | ||
| 3 | 865 | ||
| 4 | 636 | ||
| 5 | 626 | ||
| 6 | 501 | ||
| 7 | 397 | ||
| 8 | 334 | ||
| 9 | 196 | ||
| 10 | 192 | ||
People are leaving Addison for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,343 | ||
| 2 | 1,227 | ||
| 3 | 1,217 | ||
| 4 | 973 | ||
| 5 | 834 | ||
| 6 | 664 | ||
| 7 | 608 | ||
| 8 | 603 | ||
| 9 | 599 | ||
| 10 | 593 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Addison.
Provided by First Street Foundation
Transportation in Addison
Learn about the walkability, bikeability, and transit-friendliness of Addison
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