Addison, IL Real Estate & Community Snapshot
Addison, Illinois is a thriving community in DuPage County that's been gaining attention from both homebuyers and sellers. With a competitive housing market, solid school districts, local history, and strong community amenities, here’s what you need to know if you're thinking of making a move—or just want to stay informed.
Housing Market Overview
The Addison housing market is very competitive, with homes selling quickly and for strong prices:
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Median sale price in July 2025: approximately $416,514—up 19.9% year-over-year
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Median listing price: around $397,000, representing a 10.3% year-over-year gain
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Zillow Home Value Index (ZHVI): $376,448, up 4.9% over the past year
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Homes in Addison receive three offers on average and sell in about 49 days
Overall, Addison remains a high-demand area with rising values, making it attractive to both buyers and sellers.
A Look at the Neighborhood
Addison is a vibrant, diverse suburb located about 20 miles west of downtown Chicago. It offers a mix of residential neighborhoods, parks, and thriving business corridors. Families and long-time residents appreciate its suburban feel while still having easy access to city amenities through nearby expressways like I-355 and I-290.
Key Highlights:
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Parks & Recreation: Addison Park District manages more than 25 parks, a community fitness center, and family-friendly programs.
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Shopping & Dining: The area features local restaurants along Lake Street, plus easy access to Oakbrook Center and other shopping hubs.
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Transportation: Metra stations are just a short drive away in neighboring towns, and O’Hare International Airport is only 15 minutes away.
History of Addison
Founded in the early 1800s, Addison was originally known as “Dunklee’s Grove.” By the mid-19th century, German immigrants heavily influenced the community, which shaped its cultural and architectural foundation.
In the 20th century, Addison grew rapidly, transitioning from a rural farming community into a suburban hub thanks to Chicago’s expanding reach. Today, it still maintains its strong sense of heritage, seen through local festivals and cultural organizations.
Business & Employment
Addison is home to a wide range of businesses and light manufacturing. With its central location in DuPage County, the village has attracted logistics, distribution centers, and small to mid-size businesses.
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The Village of Addison’s business-friendly policies have supported steady economic growth.
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Major employers include manufacturing firms, retail centers, and education services.
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Proximity to O’Hare Airport and major interstates makes it a convenient hub for commuters and businesses alike.
This balance of residential comfort and local commerce has made Addison appealing to both working professionals and retirees.
School District & Education
Addison is served by Addison School District 4 (PreK–8) and DuPage High School District 88 (high school).
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Addison School District 4: 9 schools, ~3,461 students.
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DuPage High School District 88: Ranked #33 best school district in Illinois by Niche.
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Addison Trail High School: ~1,904 students, 16:1 student-teacher ratio, 88% graduation rate.
Final Thoughts
Addison, IL stands out as a dynamic residential community with a hot housing market, strong schools, rich history, and a thriving business environment. With property values increasing nearly 20% year-over-year and demand high, it’s an attractive area whether you’re buying or selling.
Frank Campobasso
Century 21 Circle
📱 773-425-6265
🌐 camposellshouses.com
Disclaimer
This article is for informational purposes only. The data, statistics, and insights provided here are based on publicly available online sources such as Redfin, Realtor.com, Zillow, Niche, GreatSchools, and SchoolDigger. While I’ve done my best to ensure accuracy, figures and rankings may change over time. Always verify details independently or consult with a real estate professional.