From October to December, 118 homes sold in Addison for a median price of $231,000. That's 10.8 percent higher than median home sale prices for the fourth quarter of 2017.
In the fourth quarter, 8 homes in Addison were in foreclosure.
Median property tax for homeowners in Addison was $4,485.94 in 2017 according to tax data from that year. That means homeowners pay 2.2 percent of their home's value in taxes.
Statewide, Illinois homeowners pay an effective property tax rate of 2.2 percent, according to a 2017 property tax analysis by ATTOM Data Solutions, ranking it second among U.S. states and the District of Columbia.
Addison real estate: Q4 2009-2018
Properties sold
Median sale price
Change in sale price
2009
76
$222,300
-
2010
68
$181,260
-18.5%
2011
64
$156,223
-13.8%
2012
61
$177,670
13.7%
2013
83
$193,320
8.8%
2014
81
$201,400
4.2%
2015
86
$202,990
0.8%
2016
113
$220,500
8.6%
2017
82
$208,437
-5.5%
2018
118
$231,000
10.8%
Median property tax
Median sale price
Effective property tax rate
2011
$4,945.23
$156,223
3.2%
2012
$4,961.57
$177,670
2.8%
2013
$5,325.41
$193,320
2.8%
2014
$5,279.83
$201,400
2.6%
2015
$5,294.81
$202,990
2.6%
2016
$4,932.01
$220,500
2.2%
2017
$4,485.93
$208,437
2.2%