Addison, IL Housing Market Report – March 2025
As of March 2025, the Addison, Illinois housing market continues to exhibit positive trends, reflecting a competitive and appreciating environment. Here's an updated overview based on the latest available data:
Market Activity:
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Number of Listings: In February 2025, there were 51 active listings in Addison, a 10.9% increase from 46 listings in January 2025.
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Median Sale Price: The median sale price in February 2025 was $370,000, representing a 25.0% year-over-year increase from $296,000 in February 2024.
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Average Days on Market: Homes in Addison typically remain on the market for an average of 31 days, slightly improved from 38 days during the same period last year.
Price Trends:
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Average Listing Price: The average listing price in February 2025 was $492,045, up from $477,578 in January 2025, indicating a 3.03% monthly increase.
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Median Listing Price: The median listing price stood at $359,167 in February 2025, a 3.90% increase from $345,683 in January 2025.
Market Competitiveness: The Addison housing market is considered somewhat competitive, scoring 67 out of 100. Homes often receive multiple offers and typically sell after an average of 31 days on the market.
Outlook: The Addison housing market has demonstrated resilience and growth, with increasing home values and sustained demand. However, market conditions can change, and it's advisable to consult with local real estate professionals for the most current information.
For personalized insights or assistance with buying or selling in Addison, contact Frank "Campo" Campobasso at Century 21 Circle.
Frank "Campo" Campobasso
Century 21 Circle
Phone: 773-425-6265
