October 2021: Home prices in Addison increased

October 2021: Home prices in Addison increased
By DuPage Policy Journal

The median sale price of a home sold in October 2021 in Addison rose by $29,000 while total sales decreased by 1.8%, according to BlockShopper.com.

In October 2021, there were 56 homes sold, with a median sale price of $294,000 - a 10.9% increase over the $265,000 median sale price for the same period of the previous year. There were 57 homes sold in Addison in October 2020.

The median sales tax in Addison for the most recent year with available data, 2019, was $5,443, approximately 1.9% of the median home sale price for October 2021.

The following table compares Addison to other DuPage County cities with similar median sale prices in October 2021:

CityOct. 2021 Home SalesOct. 2020 Home Sales% change (Total Home Sales)Oct. 2021 Median Sales PriceOct. 2020 Median Sales Price% change (Median Sales Price)
Itasca181338.5%$323,750$329,000-1.6%
Bensenville211723.5%$315,000$230,00037%
Oakbrook Terrace6520%$300,000$170,00076.5%
Bloomingdale44424.8%$298,500$292,7502%
Lisle3241-22%$297,000$275,0008%
Addison5657-1.8%$294,000$265,00010.9%
Willowbrook20200%$290,250$297,500-2.4%
Woodridge4752-9.6%$285,000$275,0003.6%
Lombard6286-27.9%$281,500$257,7509.2%
West Chicago2325-8%$272,000$246,00010.6%
Wood Dale362356.5%$270,500$263,0002.9%


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