Zip 60101 (Addison, IL) Housing

The housing market in Addison, IL (60101) is doing quite well. The median home value is currently at $288,600, which is significantly lower than the US median of $338,100. However, the 1 year home appreciation rate for Addison comes out to 9.73%, which is higher than the US average of 8.27%. This indicates that home values in Addison are growing much faster than average and could be a good choice for those looking to invest in real estate.

The median home cost in Addison (zip 60101) is $288,600. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Addison (zip 60101) is up 12.6%.

Average Age of Homes

- The median age of Addison (zip 60101) real estate is 47 years old

The Rental Market in Addison (zip 60101)

- Renters make up 29.7% of the Addison (zip 60101) population
- 1.1% of houses and apartments in Addison (zip 60101), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Addison, Illinois	United States
	13,759.0	139,647,020.0
	51	42
	$288,600	$338,100
	12.6%	16.6%
	35.4%	57.0%
	63.3%	101.1%
	$22.55	$10.98
	$6,087	$2,690
	64.6%	57.4%
	2.6%	11.2%
	32.8%	31.4%
Vacant Housing
	1.1%	1.9%
	0.0%	0.4%
	0.5%	0.7%
	0.2%	0.4%
	0.2%	3.6%
	0.6%	4.1%
Value of Owner-Occupied Housing
	2.4%	2.6%
	1.2%	2.4%
	0.6%	2.8%
	1.2%	3.9%
	1.3%	4.5%
	3.1%	11.3%
	9.7%	13.0%
	44.1%	20.1%
	24.9%	13.6%
	6.8%	8.3%
	4.0%	9.7%
	0.3%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	7.2%	13.6%
	7.2%	13.6%
	11.9%	13.6%
	10.3%	13.2%
	20.6%	14.8%
	11.9%	13.6%
	15.4%	10.0%
	3.1%	4.7%
	2.5%	12.2%

Reviews for Addison

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Robert · Addison, IL

Neighborhood to be proud of.

Over 18 years ago

Having lived on the same block since 1961 must say something about the neighborhood I lived in and still live. Graduated from Willowbrook High School and attended More

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