Is Addison, IL 60101 a buyer’s or seller’s market?

Seller’s market 3 months ending August 31, 2026 · Source: Redfin

Addison is a seller’s market. With about 2.3 months of supply and 51% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.

Competition score74/ 100

More competitive than 78% of U.S. ZIP codes, and #151 of 464 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply2.3Under 4 months = seller’s market
Sold above original list50.5%Share of sales, last 3 months
Median sale-to-list100.7%Sold price ÷ list price
Median days on market48Listing to accepted offer
Median price per sq ft$233▲ +8.0% vs. last year

The Addison housing market right now

In the three months ending August 31, 2026, 51% of homes in Addison, IL 60101 sold above their list price, the typical home went under contract in 48 days and there were 2.3 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 106 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 43%, homes sold more slowly (45 days then) and the median sale price rose 8% to $414,821. Overall, Addison is more competitive than a year ago, so tougher for buyers.

Within DuPage County, homes here sell more slowly than in 69% of the county’s ZIP codes, and sell more often over asking than in 74%. On our competition score, Addison ranks #151 of 464 IL ZIP codes with enough sales (score 74 out of 100).

Nearby, buyers who want less competition could look at Wayne 60184 (20% sold over asking) or Oak Brook 60523 (23% sold over asking), while Medinah 60157 (80% sold over asking) and Villa Park 60181 (60% sold over asking) are even more competitive.

Nearby markets

Aurora 60502Seller’s market $225 /sq ftAurora 60504Seller’s market $219 /sq ftBartlett 60103Seller’s market $232 /sq ftBensenville 60106Seller’s market $198 /sq ft Browse all markets →

Where Addison is

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Questions about Addison real estate

Is Addison a buyer’s or seller’s market?

A seller’s market: there were 2.3 months of supply in Addison, IL 60101 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in Addison?

The typical home went under contract in 48 days in the latest three months.

Do homes in Addison sell over asking?

51% of homes sold above their original list price, and the typical sale closed at 100.7% of the list price.

What are property taxes in Addison?

About 2.05% of a home’s value a year in DuPage County, or roughly $8,200 on a $400,000 home.

What is the median home price in Addison?

The median sale price was $414,821 in the three months ending August 31, 2026, about $233 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology