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Addison, IL

Full City Profile · Illinois · DuPage County County

3.2 /5.0
B Good
35,470 Population 3,608/sq mi density
$87,587 Median Income $39,697 per capita
$318,000 Home Value $365,439 Zillow
$1,238 Median Rent 24.7% income on rent
49°F Avg Temperature 275 sunny days/yr
199 Violent Crime/100K 1,153 property/100K
B
Overall
3.2 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$87,587 median income, 3.1% unemployment
A+
Affordability
4.6 / 5.0
$318,000 home value, $1,238/mo rent
F
Safety
1.0 / 5.0
199 violent crimes/100K
C+
Education
2.8 / 5.0
21.9% bachelor's degree or higher

Housing Overview

Median Home Value
$318,000
13% above
US avg: $281,900
Median Rent
$1,238/mo
6% above
US avg: $1,163/mo
Homeownership Rate
67.1%
3% above US avg (65.4%)
Total Housing Units
13,451
Median year built: 1971

Home Value by Source

Census Median
$318,000
Zillow (ZHVI)
$365,439
Median Sale Price
$374,000
Median List Price
$390,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

67.1%
Owner-Occupied
32.9%
Renter-Occupied
67%
33%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$774/mo
1 Bedroom
$854/mo
2 Bedroom
$1,063/mo
3 Bedroom
$1,370/mo
4 Bedroom
$1,561/mo
Census median rent: $1,238/mo · Zillow rent: $2,038/mo

Market Indicators (Redfin)

Median Days on Market
88 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
14
Price Drops
11.3%
of listings with price reduction
Price Per Sq Ft
$229
Active Inventory
53
homes for sale

Affordability & Housing Stock

Rent Burden
24.7%
of renters spending 30%+ of income on housing
20% below US avg (31.0%)
Median Year Built
1971
Average age of housing stock: 55 years
Homeownership Rate
67.1%

Complete Housing Data

Home Values

Census Median Value$318,000
Zillow Home Value (ZHVI)$365,439
Median Sale Price$374,000
Median List Price$390,000
Price Per Sq Ft$229

Rent

Census Median Rent$1,238
Zillow Rent (ZORI)$2,038
FMR Studio$774
FMR 1-Bedroom$854
FMR 2-Bedroom$1,063
FMR 3-Bedroom$1,370
FMR 4-Bedroom$1,561

Market

Days on Market88
Sale-to-List Ratio1.0%
Price Drops11.3%
Homes Sold14
Active Inventory53
Price Per Sq Ft$229

Ownership & Stock

Owner-Occupied67.1%
Renter-Occupied32.9%
Homeownership Rate67.1%
Total Housing Units13,451
Median Year Built1971
Rent Burden24.7%