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Dupage Policy Journal

Sunday, November 17, 2024

Addison home prices rise in the first quarter of 2019

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The median sale price of a home sold in the first quarter of 2019 in Addison rose by $5,000 while total sales decreased by 13.1%, according to BlockShopper.com.

From January through March of 2019, there were 53 homes sold, with a median sale price of $220,000 - a 2.3% increase over the $215,000 median sale price for the same period of the previous year. There were 61 homes sold in Addison in the first quarter of 2018.

The median sales tax in Addison for the most recent year with available data, 2017, was $5,238, approximately 2.4% of the median home sale price for the first quarter of 2019.

The following table compares Addison to other DuPage County cities with similar median sales prices in the first quarter of 2019:

CityJan. - Mar. 2019 Home SalesJan. - Mar. 2018 Home Sales% change (Total Home Sales)Jan. - Mar. 2019 Median Sales PriceJan. - Mar. 2018 Median Sales Price% change (Median Sales Price)
Bloomingdale6127125.9%$243,000$245,000-0.8%
Lombard1055590.9%$240,000$193,50024%
Carol Stream825064%$237,500$198,50019.6%
Villa Park432665.4%$233,000$239,000-2.5%
West Chicago402190.5%$221,000$197,50011.9%
Addison5361-13.1%$220,000$215,0002.3%
St. Charles31200%$205,000$250,000-18%
Oakbrook Terrace10-$200,000$0-
Bensenville2425-4%$199,500$215,000-7.2%
Warrenville392095%$195,000$184,0006%
Glendale Heights715236.5%$194,000$169,57514.4%

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